We are seeing a wave of new residential property projects in Manhattan, New York with expected completion date between Spring 2015 and Spring 2016.
Buyers would typically put down 20 percent to book a unit and come up with the rest at time of closing. If there is financing involved, the mortgage loan comes in at closing and the mortgage payments only start after closing date.
Manhattan, New York real estate, one of the world's best investments. Buying the right condo, renting out to tenants and eventually selling. By Weimin Tan, top Manhattan agent with media interviews by CNBC, CNN, New York Times, WSJ. Ex-Citibanker, originally from Malaysia, Manhattan resident since 1999, fitness enthusiast. tan@castle-avenue.com
Monday, June 30, 2014
New York residential property projects
Labels:
New,
New York,
projects,
residential property
Location:
New York, NY, USA
Friday, June 13, 2014
Quoted by CNN Money about escalation clauses in a property bidding war.
How to win a bidding war on a home
By Les Christie @CNNMoney June 13, 2014: 7:50 AM ETView article on CNN.com, "How To Win a Bidding War."
NEW YORK (CNNMoney)
In
many hot housing markets, bidding wars have been breaking out on a regular
basis -- and some house hunters are getting beaten out time and again.
Labels:
CNN,
manhattan,
New York,
Property,
Wei Min Tan,
Win a bidding war
Monday, June 2, 2014
Manhattan Property Price Decline During Recession of 2009
One common questions asked by our investor clients about Manhattan
property is the price decline during the past recession.
Labels:
manhattan,
Property price,
recession
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