Buyer confidence UP

300 people at open house, 14 offers, 20% above asking price.  NY Times article about the Manhattan market coming back strong, buyers and bidding wars.

Hiring Buyer's Broker on NY1 News

Wei Min talks about hiring a broker when buying property on NY1 News.  Many don't realize a buyer's broker works for the buyer but the commission actually comes from seller.

Visit us at Castle Avenue Partners, Manhattan investment property

Foreign buyer - Buy a house, get a U.S. visa

Senators Charles Schumer (New York) and Mike Lee (Utah) are proposing a bill that gives foreign buyers a U.S. residence visa if they spend $500,000 cash in a property.  The visa does not allow them to work in the US but allows them to live here in the US as long as they own the property.

Foreign Investor New York Property

1.0 Overview for the foreign investor

1.1 Why New York

1.2 Can foreigners buy property in Manhattan, New York?

1.3  What type pf properties are popular amongst foreign / international buyers?

1.4  What are expenses associated with owning a property in Manhattan?

1.5  Financing for foreign / international buyers

1.6  Cash buyers

1.7  Transaction costs

1.8 Taxes, taxes, taxes

1.9  How does the agent / broker fee work when buying or selling?

1.10.  How does the agent fee work when renting?

1.11  Should I use more than one agent?

1.12 What are the best areas in Manhattan for investment?

1.13  Does buyer have to be in New York for the closing?