Eileen Hsu (許小姐) Manhattan NY Real Estate

Taiwan Double Tenth Day: October 10, 2009 Taiwan Celebrates Double Tenth Day as a National Holiday. The Double Tenth National Day is considered as the Birthday of the Republic of China. Every year on October 10th Taiwan celebrates this holiday in commemoration of the 1911 Wuch’ang Uprising. The people of Taiwan all gather to congratulate the nation on its birthday celebration.

Taiwan Double Tenth Day History: Double Tenth Day is the national day of the Republic of China more commonly known as Taiwan, this day commemorates the start of the Wuchang Uprising of October 10, 1911. On January 1, 1912, the Qing Dynasty in China collapsed and the Republic of China was established, all thanks to the Wuchang Uprising. After the end of World War II and end of the Chinese Civil War in 1949, the Republic of China government gained control of Taiwan but ultimately lost control of mainland China. The seat of the Republic of China government relocated to Taipei, Taiwan, while the Chinese Communist Party founded the People’s Republic of China in mainland China.

Taiwan Double Tenth Day Traditions, Customs and Activities: Ministers, overseas Chinese returning to Taiwan, foreign diplomats, and hundreds of thousands of people from around the country attend the Celebration Ceremony held in front of the Presidential Office Building. The armed forces displays its military might to the nation in full glory during the ceremony military review. The climax of the day is the Presidential Address to the nation. The main event of the activities on Double Tenth is the parade. This parade includes representatives of different professions. There are performances from the local entertainment industry as well. The National Day Fireworks Display takes place in the evening, this is the most anticipated event by people. (Below is a video of 2006 Fireworks of this special holiday).

HAPPY BIRTHDAY, Taiwan!

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If you are a seller that would like to have your property showcase to our oversea buyer connection. Please contact us now at (646)644-6929. If you are a buyer that speaks Chinese and would like work with someone that speaks your Chinese dialect, call us now at (646)644-6929.

We are both English and Chinese Speaking Real Estate agents under one of the most successful Manhattan Brokerage firm Prudential Douglas Elliman with extensive market knowledge. In addition, we specialize in connecting the local Manhattan sellers with both local and international buyers with our preferred buyer networks. Call us today at (212)321-7122 or (917)837-8869.

To Read More on buying Manhattan New York city Real Estate Click below links:

1. Made in Taiwan Real Estate Agent
2. 中文網站: http://www.GoldHouseUSA.com
3. Manhattan Real Estate Condominiums and Co-Ops.
4. Foreign National Buyers Buying in Manhattan New York city Must Read.
5. Foreign Buyers and out of town buyers MUST READ before you buy in NYC

Happy Chinese Moon Festival. Today is October 3, 2009, according to the lunar calendar, it is a Chinese moon holiday.Pronounce Zhongqiu Jie (traditional Chinese: 中秋節)

The Chinese Moon Festival is one of the biggest annual holidays in China and other parts of Asia such as Hong Kong, Korea, Vietnam, Taiwan, Malaysia, and Singapore, as well as in areas in the United States with a significant Asian population. For the Chinese, it is one of the two most important holidays of the year, Chinese New Year being the other. (Also called the Mooncake Festival or Lantern Festival.)

Chinese Moon Festival, or the Mooncake Festival, is a celebration of the Autumn harvest. As Chinese speaking Real Estate agent myself, I made contact with all my Asian decent past buyer and sellers to wish them a Happy Moon Festival holiday. It occurs when the moon is the brightest. and the highest in the sky. This celebration is one of the oldest holidays in the world, dating back thousands of years. Early celebrations included worship of the moon as a god. There are multiple versions of the story of Chang'e, Ch'ang-O or Chang-Ngo (Chinese: 嫦娥; pinyin: Cháng'é), the Chinese goddess of the moon. Regardless of the versions of the story, during this holiday, traditional Chinese worship her by putting new pastries on the altar for Her to bless. She endows her worshippers with beauty.

Today, Chinese people celebrate the Mid-Autumn festival with dances, feasting and moon gazing. Not to mention mooncakes. While baked goods are a common feature at most Chinese celebrations, mooncakes are inextricably linked with the Moon festival. One type of traditional mooncake is filled with lotus seed paste. Roughly the size of a hand palm, these mooncakes are quite filling, meant to be cut diagonally in quarters and passed around.

As for myself, I will be having some great dinner with family and enjoy some quiet time off in my new apartment. Of course, the desert will be the delicious moon cake.

To read more about Asian culture blog series here:

• 8 Tips to work with Asian buyer or seller clients!
• Working with Asian American Clients Tips!

To work with us in searching your perfect home or investment in Manhattan Real Estate read here:

Looking buy Short Sales in Manhattan New York? Facts and myths you should understand before you want to buy in Manhattan New York Short sales. We receive buyers' phone calls and inquiries daily on wanting to buy Short Sales in Manhattan New York, it is important for buyers to have the right expectation before they start the property search process.

What is a Short Sale in Manhattan New York? The definition of a short sales is no different if you are in New York, Florida or California. The lender in this case has to appprove of the sale since they are absorbing the loss, the difference in price between the outstanding loan and the selling price. The selling price is NOT going to be 'a bargain basement price', the lender will only approve the sale when it is a fair market price. Manhattan Short Sales Buyers please note: that you will not be able to buy any condo in Manhattan New York fifty cents on a dollar in a Short Sales in Manhattan New York (or any other market place). In another words, you can not buy a two bedroom and two bathrooms condo in Gramercy neighborhood for $700K.

Where are the Short Sales Properties in Manhattan New York? Since most of the Short Sales in Manhattan New York are new constructions and developments. These locations are usually Upper part of Manhattan (Morningside Heights, Harlem, Inwood and etc.), Midtown West (West 40s & West of Tenth Ave), Upper West Side (West 59th Street to West 70th Street & West of West End Ave), Upper East Side (East 90s & East of Second Ave to FDR Drive), Midtown East (East 50s & East of Second Ave), Financial District (Various new developments).

Why are Short Sales Properties in Manhattan New York concentrated in these locations? These are the locations that either the property owners did not have much of equity at the time of purchase, they finance 90% or more with high monthly payments (Mortgage + Monthly Maintenance fees), or most of these locations had saturated new developments and new constructions in the last five years, many owners have put down 10% or less at the time of contract signing, and now the market is different, they are finding what they owe the bank is more than what their properties are worth in today's market place and with huge monthly mortgage payment. Although refinancing may be an option for them, many of the banks nowdays are only refinancing a portion of the property value in today's market especially in New Construction buildings.

If you are looking for a short sales property, it is important to have a realistic price range. The bank will need to approve the short sale, and the bank will send out a BPO (Broker Price Opinion) to ensure the sale price is market value.

Manhattan New York Short Sales Buyers Please read our series below:

If you are a buyer that is looking to buy a Short Sales Property in Manhattan New York, and not sure where to start, please read through our Manhattan New York Short Sales blog Series and contact us at (917)837-8869 or morgan.evans (@)elliman.com.

If you are a seller that may be thinking of doing a short sales in Manhattan New York and not sure if you are qualified, please contact us at (917)837-8869 or email at ehsu(@)elliman.com for a confidential conversation. We have experiences working with short sales sellers here in Manhattan New York, we are confident that we may be helpful to your specific situation.

*Manhattan Short Sales Buyers Must Know was first posted at www.Manhattan-Condo-Living.com*

We are Manhattan Condo Specialists, in our How to Buy a Manhattan New York Condo series in Part I as first time home buyers, Part II as first time investors, Part III parents can buy for children, this series Part IV we will discuss foreigner buying in Manhattan New York Condos.

Foreign National Buyers and out of town buyers MUST READ before you buy a condo in Manhattan New York: Foreign National Buyers and out of town buyers represent a good portion of our business. The strong demand of investment properties in New York city by foreigners as the news media has been writing about the softer market here in Manhattan. Our team have been serving foreign buyers in Manhattan Real Estate market for a long time, and not only for the foreign buyers, out of town buyers often find Manhattan Real Estate a unique market of its own.

Here are few considering factors for Foreign Buyers and Out of town buyers before investing in Manhattan New York Real Estate:

• Why do you want to buy in New York?
• Are you aware of the purchase process?
• How much do you want to 'disclose' about yourself?
• Do you know the difference between Co-op, condop and condo?
• How much financing do you plan to obtain if any?
• Do you have an US bank account?

As experts in working with Foreign National buyers and out of town buyers, we are constantly educating the buyers and addressing the misinformation and false assumptions that client bring from his/her home town/country, and culture in order to explain the options, alternatives, and their consequences.

• How to Buy a Manhattan New York Condo (Part I) as first time home buyer
• How to Buy a Manhattan New York Condo (Part II) as first time investor
• How to Buy a Manhattan New York Condo (Part III) as Parents Buying for Children
• Manhattan New York Condo Specialists
• Manhattan New York Condo Listings
• Dos and Don't before you buy Manhattan Real Estate!
• Manhattan New York Different types of Buildings
• We sell 'AS IS' condition: No Inspection in Manhattan New York Real Estate

If you are looking to purchase Manhattan New York Condo, we are the Manhattan Condo Specialists. Please contact us as we will be able to access ALL the Manhattan Condo listings in area of your preference. To receive prompt response, please email us at ehsu(@)elliman.com or Morgan.Evans(@)elliman.com. Call us at (917)837-8869.

We are Manhattan Condo Specialists, in our How to Buy a Manhattan New York Condo series in Part I as first time home buyers, Part II as first time investors, and in this Part III series, we will talk about how parents can buy for children, next series Part IV we will discuss foreigner buying in Manhattan New York Condos. We know the Manhattan Condo market and the specific needs of each type of buyers.

Buying a Manhattan New York Condo as parents buying for children, you should understand your budget and timeframe to start. Is this a 5 year plan while your child goes to school in New York? We work with many parents who are buying for their son/daughter that goes to New York University, Parsons school of design, School of Visual Arts, Columbia University, Jillards music school and other well known schools here in Manhattan New York. Is this for your son or daughter that is currently working in Manhattan? Do they have a job stability or financial freedom? Are they currently renting and lease may be expiring soon or month to month arrangement? It is important for us to know the reason and timeframe so we can narrow down the search for you.

Buying a Manhattan New York Condo as parents buying for children, you should plan ahead, and speak with all the parties involved (not you and your child but rather the right mortgage consultant/banker, accountant and a knowledgeable Manhattan Real Estate attorney.)

• Mortgage consultant: If you are planning to buy the condo all cash, that is always desirable when presenting offers to condo sellers. Keep in mind that you should have enough equity in case there is an increase in monthly carrying charge for this condo or other misc mishappens. If you are planning on financing this investment, be sure to speak to a local Manhattan lender that is familiarize with the market, the lending rules, and the mortgage products that may be suitable for you and your son/daughter.
• Accountant: If you are planning to co-purchase the condo with your child, be sure to discuss the possible tax complication you may have with your accountant. Speak to your accountant prior to your purchase can be very helpful.
• Manhattan Real Estate Attorney: In addition, speak to a local Real Estate attorney will be helpful as well since the local Manhattan Real Estate can also advise you what is the best way to structure the purchase and think about who/how should take the title of the deed.

Buying a Manhattan New York Condo as parents buying for children, the experienced Manhattan Condo specialists that can guide you through this process and navigate through the Manhattan Real Estate maze. Whether you are a first time buyer, or an investor that have bought and sold multiple properties in other parts of United States or country, we can help. Understanding the local market with the market expert can maximize your investment and avoid any possible problems down the rule. Many of our past clients are first time investors, they have bought many Manhattan condos under our guidance and continue to do so because we have developed a Real Estate plan for them. If this is something you are interested in, contact us now at (917)837-8869.

• How to Buy a Manhattan New York Condo (Part I) as first time home buyer
• How to Buy a Manhattan New York Condo (Part II) as first time investor
• Manhattan New York Condo Specialists
• Manhattan New York Condo Listings
• Dos and Don't before you buy Manhattan Real Estate!
• Manhattan New York Different types of Buildings
• We sell 'AS IS' condition: No Inspection in Manhattan New York Real Estate

If you are looking to purchase Manhattan New York Condo, we are the Manhattan Condo Specialists. Please contact us as we will be able to access ALL the Manhattan Condo listings in area of your preference. To receive prompt response, please email us at ehsu(@)elliman.com or Morgan.Evans(@)elliman.com. Call us at (917)837-8869.