international buyers: Short checklist for Foreign Buyers and Out of town buyers - 01/08/13 08:19 AM
Short checklist for Foreign Buyers & investors and Out of town buyers before investing in Manhattan New York Real Estate:
Difference between Co-op, condop and condo? Many out of town buyers are often confused by all the terminology of the NYC housing market. If you are a foreign national that has no permanent residency here in United States, or here for student/working visa, it may be important for you to understand the difference between all different type of inventory.
Are you aware of the purchase process? The typical purchase takes about 30-45 days to close even if you are a cash transaction, there are condominium applications that the … (12 comments)

international buyers: HOW TO ATTRACT INTERNATIONAL BUYERS - 08/25/12 12:03 AM
HOW TO ATTRACT INTERNATIONAL BUYERS to your market
In recent press and media had report many big US cities have many international buyers home shopping around. Buyers from Russia, China and few other countries are making headlines with lavishing purchases.
Our Manhattan New York Real Estate team service many different type of buyers, and good percentage are international buyers from Asia countries such as China, Taiwan, Hong Kong, Korea, Singapore, Malaysia and as well as France, United Kingdom, Italy and few other European countries,  it is very hard to ignore that New York city is a diverse place to live and … (5 comments)

international buyers: Can an international Buyers or Investors buy a property in a co-op in Manhattan New York? - 01/15/12 09:45 AM
"Can an international Buyers or Investors buy a property in a co-op?"
Co-ops are 80% or more of New York Real Estate. Co-op buildings are regulate by Co-op Boards, they make every decision about the coop building and set each coop house rules and policies. Co-Op board of directors would have to approve every potential purchaser.
International Buyers or Investors to buy an apartment in a co-op building are not easy for several reasons:
Co-op purchaser approval takes weeks up to months -- and is a rigorous and far from easy process. The majority of co-ops only approve buyers with United States employment, United State income tax and good … (4 comments)

international buyers: Foreign International Buyers Buy US House = US Visa? - 10/25/11 04:19 AM
Recently, to boost the US housing market, two U.S. senators are preparing to introduce a bill that would allow U.S. resident visa's to foreigners if the foreigner spends at least $500,000 on U.S. Real Estate.
It is no surprise that foreigners have been purchasing many homes in New York, South Florida, Southern California, Arizona and other areas of US. This proposed bill would offer visas to any foreigner making an all cash investment of at least $500,000 on residential Real Estate such as a condo unit, town house or private single family house. To be eligible, this amount can be spent … (15 comments)

international buyers: Working with International Buyers--The Rules for Obtaining Funds Can be Complicated - 09/23/11 03:40 AM
We work with many international and foreign buyers in Manhattan New York to find their perfect investment and homes. Many of the buyers are all cash buyers without needing a mortgage, however, there are many layers of complication in transfering funds into United States. The blog below by an attorney Elliott S. Topkins Massachusetts Real Estate and Title Attorney explained some of the complication of international funds transferring. (for Manhattan New York purchase, please contact us directly at 917 837 8869 so we can discuss in detail or local rules and regulations with our team of experts.)
While there can be … (3 comments)

international buyers: Buyers From Norway Happy To Finally Close! - 09/18/11 03:34 AM
Working in Manhattan New York, we work with many international and foreign buyers from all over the world. Many of our buyers from Europe or/and Asia contact us through the email, we discuss with them about their criteria, price range and time frame so when they visit New York city, we work very efficiently in finding them the right property in no time.
Congratulations to Katerina and Nestor Gasset from Wellington Florida just recently sold an short sale property to a Norway couple as the new owners will use the property as their vacation home in Florida.
GREAT JOB on your … (2 comments)

international buyers: Where do foreigner plan to invest in 2011? NEW YORK! - 01/16/11 02:41 AM
Where Foreign Investors Want to Buy New York is expected to be the favorite city for foreign real estate investments in the U.S. and globally in 2011, according to an annual survey of members of the Association of Foreign Investors in Real Estate. Washington, D.C., came in No. 2 both within the U.S. and global markets for cities where foreign investors most want to invest in the new year. More than 72 percent of the association members say they plan to invest more money in U.S. real estate this year than in 2010. "As the fear of a double-dip recession has … (2 comments)

international buyers: International students' parents buy Manhattan NYC Condos - 01/13/11 10:25 AM
International students' parents buy Manhattan NYC Condos
Many of our foreign buyers are parents of International students from Europe, Asia, Canada, Latin America and other countries. Other than many career and investment opportunities, Manhattan New York has many distinguish universities and colleges that offers many international students undergraduate and graduate degrees. We helped many parents of international students from New York university, Parsons school of Art and Design, School of Visual Arts (SVA), Columbia University, the Jillard school, Cooper Union and other academic institutions.

Here are some options for international students and the parents to consider:School dormitory: If the student … (2 comments)

international buyers: New York City Manhattan Studio Apartments are Selling like Hot Cakes! - 02/10/09 09:40 AM
Though overall Manhattan Real Estate sales are slower than usual right now, the starter-apartment segment of the Manhattan market appears to have the strongest pulse and flying off the shelves like hot cakes!

 
 
It seems to be that 2 bedrooms or larger apartment buyers are cautious and waiting on the sideline to see how the economy pans out, but those in need of starter apartments know this is their opportunity. Many of them are first-timers who were concerned to be priced out of the market, now with the historic low interest rate, they can now make the bid and able to … (4 comments)

international buyers: Attract INTERNATIONAL BUYERS for your properties in 2009! - 12/22/08 02:04 PM
The New York Times recently reported that real estate agents around the country are ratcheting up their efforts to woo the Russian oligarchs, Irish investors, Korean industrialists and other international cash rich buyers who have been making headlines with lavishing purchases.
 
With my own client list include 85%Asian investors (doctors, attorneys, financial consultants and professors from China, Taiwan, Hong Kong, Korea, Singapore, Malaysia), 5% European (Italian buyers in fashion business, British buyers in music business), it is very hard to ignore that New York city is a diverse place to live and I begin to think that everyday we are … (7 comments)

 
Eileen Hsu, LICENSED REAL ESTATE SALESPERSON (Douglas Elliman Real Estate)

Eileen Hsu

LICENSED REAL ESTATE SALESPERSON

Manhattan, NY

More about me…

Douglas Elliman Real Estate

Address: Upper West Side, Midtown East, Greenwich Village, Soho, Columbus Circle, Financial District, New York, NY, 10010

Office: (212) 321-7122

Mobile: (646) 644-6929

New York City Manhattan Real Estate, Bilingual Chinese Speaking Real Estate Agent specialize in Manhattan Condominium market such as Resale Condominiums, New Construction, PreConstruction condos. We work with Oversea foreign buyers, Investors. We Specialize in neighborhoods: Upper West Side, Chelsea, Midtown West, Midtown East, Greenwich Village, Soho, Union Square, Financial District in Manhattan, Williamsburg Brooklyn and Long Island City Queens.


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