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Eileen Hsu (許小姐) Manhattan NY Real Estate

I am a Chinese Real Estate Agent that speaks English!

Born in Taiwan, Republic of China and family moved here in 1990, now I am an assimilated Chinese American and able to speak both Mandarin Chinese and English and work as a Real Estate Agent.

When we first move to New York, we settled in Queens, New York. Queens is the largest in area, the second-largest in population, and the most East in Geography of the Five Boroughs which form New York City. Five boroughs consist of Manhattan, Brooklyn, Bronx, Staten Island and Queens.

As of 2007 according to Queens County census breau, Queens has 20% of Asian American population, largest compare to any other borough in New York city.

Growing up my mother has always tell me to embrace my heritage and do not forget how to speak Chinese, as an young adult, I did not know the difference nor the importance. As a youngester, I wanted to forget how to speak Chinese so I can learn English quickly and start mingling with the kids in School. Some of my classes were ESL classes, (for those of you not know what ESL is, ESL stands for English as Second Language class, where all the non-English mother tongue speaking kids are group in the same class to learn).

It was tough growing up not able to talk to other students and be in the IN crowd. I felt a bit like an outsider, therefore I have always strive to do better in classes and earn better grades, I think part of that 'needing to do good' carry onto my business.

Now with all the Chinese and oversea buyers that myself and my team service. I appreciate that my mother reenforcement on me continuing the Chinese language while I was learning English in American school. Being a Chinese Mandarin Speaking Real Estate Agent in New York, I have been reaping the benefits of being biligual, and working with many sellers and buyers who also share the same culture heritage. I have been servicing oversea investors that speaks Chinese and connecting sellers who would like to sell their property to oversea investors using my language and culture connection.

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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. Foreig Buyers and out of town buyers MUST READ before you buy in NYC

Dos and Don't before you buy Manhattan Real Estate! PART I

Buyers must read these DOs and DON'Ts before you decide to buy in Manhattan Real Estate. Preparation is the key to have a smooth and stress-free Manhattan Real Estate transaction.

PART ONE -Dos:

1. Do speak to a reputable lender or mortgage consultant to see how much can you finance in today's market. In today's market, lendering guidelines are changing by the day, it is in your best interest to see what will it take to qualify for a loan.

2. Do Have a realistic budget of what you are looking for. Manhattan New York condo is approximately $1,000 per square foot, so unless you are looking for a 500 SF one bedroom, you will need more than $500K to buy a one bedroom condo.

3. Do speak to an accountant to see if you need to structure the purchase in a specific way to enjoy the tax deductible benefits of buying a Manhattan Real Estate. If you are a first time home buyer, is it beneficial to co-purchase the condo unit with your parents or alone; If you are an foreigner, is it better to buy it under your own name or start an LLC?; If you are an out of town investor, is this purchase going to be an investment property or?

4. Do speak to your banker if you have money in bonds and money market. Find out how many days will it take to liquidate your funds so you know once we have a verbally accepted offer. Often in Manhattan New York market place, the seller seeks 10% of the sales price as downpayment at the time of signing contract. With that being said, if you are buying $1M Manhattan condo, you will need $100,000. at contract signing.

5. Do have a Manhattan New York Real Estate attorney ready. Manhattan Real Estate transaction requires each buyer and seller to have an attorney representing them in drafting and finalizing the contract. A good attorney can save you headachs, money and risks, ask your agent to refer you (3) attorneys so you can call and interview. Explain to the attorney what you are planning to do, and see which attorney you feel most comfortable to work with.

6. Do your homework on finding an Real Estate agent to work with. What is it that you are looking to buy? You want to find an agent that is familiar with the product that you are interest in buying. A Condo or Co-Op? Uptown or Downtown? Do you speak specific language that you preferred the agent speaks your mother tongue? Do you need an agent that work specifically with foreigners? Go on a search engine such as Google, try type in what you are looking for, and see if any agent shows up on the search result.

STAY TUNED for the PART TWO-DON'Ts before you buy Manhattan Real Estate.

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 both local and international buyers with our preferred sellers 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. 中文網站: http://www.GoldHouseUSA.com
  2. Manhattan Real Estate Condominiums and Co-Ops.
  3. Foreign National Buyers Buying in Manhattan New York city Must Read.
  4. Foreign National Buyers Friendly Buildings.
  5. Purchase procedure of Manhattan Real Estate.

Central Park Manhattan New York in July

We have had a strange Summer weather so far. But this week, we are having some beautiful Sunny weather. New York is always lovely in the perfect Summer days, here are just few photographs of Central park in Manhattan New York yesterday afternoon.

We are residents of Upper West Side in Manhattan New York and also successful Real Estate agents under Prudential Douglas Elliman. We know the neighborhood intimately and have market knowledge to share with you or anyone that may need that information. Contact us today at (917)837-8869 or Ehsu(@)elliman.com.

We sell 'AS IS' condition: No Inspection in Manhattan New York Real Estate

No inspection in Manhattan New York Real Estate, Where the most of the Real Estate in the country has inspection as part of the negotiation, buyers are allowed to inspect the property once the offer has been made and written and ask the sellers for credits and money back after they inspect the property, in Manhattan New York Real Estate, we sell the Co-Ops and Condos in 'AS IS' condition.

No Inspection and "AS IS" condition (in Manhattan New York Real Estate) means all appliances should be in working order, there should not be any visible structural damage, such as leak, cracks in the wall and etc. The seller is responsible to fix if the dishwasher, refridgerator, stove, faucet, and etc is not working. The seller is NOT responsible if the buyer wants a new sink, new floor, or a new coat of paint. Sellers are not obligated or responsible for cosmetic fix ups. The general practice in Manhattna New York Real Estate, we do not credit buyer any money back for non-structural fix ups. (there are some more complicated transactions and exceptions will be made).

With that being said, even though in Manhattan New York Real Estate there is no formal inspection, buyers should always inspect the property and note all the cosmetic fix ups should be discussed with buyers' agent prior to buyers submit the offer. Buyer can always suggest part of the cosmetic fix up to be sellers' responsibility during the price negotiation, however, it is up to the seller to decide if this is something they are willing to do. If the seller is not willing to make the changes that was suggested, buyers should take that cost into consideration when submitting an offer, and not after the offer was submitted! Once the offer is accepted, most of the time sellers are not interested in re-negotiate an offer after the offer is verbally accepted.

*exception can always be made, though this is the general practice in Manhattan New York Real Estate.*

Below are some more information for you to understand Manhattan New York Real Estate market better.

  • KNOW YOUR PRODUCT-PART 1 OF 5
  • KNOW YOUR BUYING POWER-PART 2 OF 5
  • KNOW THE FINANCIAL REPORT OF THE BUILDING-PART3 OF 5
  • Culture Shock buying Manhattan New York
  • If you are a first time home buyer, or a buyer that is relocating to Manhattan New York, please note there are lots of different Real Estate practices here in Manhattan New York. To have a smooth home buying practice, it is beneficial for you as a buyer to be educated with not only the market but only the purchase process. Contact us today as we are Manhattan New York Relocationg specialists and we are the market expert. (917)837-8869 or Ehsu(@)elliman.com.

    How to work with Foreign Nationals to buy US Real Estate!

    We work with many foreign nationals in buying US Real Estates, as agents we have to educate the buyers not only on the local market condition, but it is crucial to speak to the buyers prior their arrival in United States so you can have a smooth Real Estate transaction.

    Here are some key questions to ask your foreign national buyers:

    1) Does this foreign national buyer have an US bank account? If not, it is important to open a US bank account as soon as possible for future fund transfer.

    2) Does this foreign national buyer has any US credit history? If not, it may be a good idea to discuss how the buyer plan to buy the property.

    3) If the buyer plans to finance, how much are they planning to finance? Are they awared that the interest rate is approximately 1% higher for foreign nationals than US citizens?

    4) If the foreign national buyer plan to pay all cash, have they speak to your banker on transferring or liquidate your funds in order to proceed with the transaction? If so, how many days will it take the funds to clear to US bank accounts?

    5) What is their purpose in buying in US Real Estate? Is it as second home? Or is it as an investment?

    6) Do they need to speak to an accountant to discuss possible tax concerns? It is important to find a tax accoutant that the buyer may feel comfortable with so any tax concerns or discussions can be address prior to their property search.

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

    1. Manhattan Real Estate Condominiums and Co-Ops.
    2. Foreign National Buyers Buying in Manhattan New York city Must Read.
    3. Foreign National Buyers Friendly Buildings.
    4. Purchase procedure of Manhattan Real Estate.

    If you are looking for a Real Estate Professional who understands Foreign Nationals buying in Manhattan New York city Real Estate and are looking for the right investmentment, or are selling your property contact Eileen Hsu or Morgan Evans at (21917)837-8869 or email us at: ehsu(@)elliman.com

    disclaimer: We are not a bank and we cannot loan you or your broker any financing. We work with the top banks and borkerages in the country and can put in front of the best loan officers in New York. These requirements listed above is merely to give you an idea of your financing options; not to market our services.