Are you a Chinese parent looking to buy a NYC condo for your son or daughter?
One of our expertise as Chinese Speaking Real Estate agents is to educate buyers who are parents looking for a suitable condo for their son or daughter that is currently living in Manhattan New York.
Many of our Chinese buyers who are parents, they have purchased their home in other places but their previous Real Estate experiences are almost irrelevant when it comes to buying in Manhattan New York.
Safety and convenient– As Asians ourselves, we understand what matters most to Asian parents. We know that you want the best for your son or daughter — and finding a suitable condo in a safe and convenient location is one of our top priorities.
Long Term Investment – We’re also financially savvy. We understand that your real estate purchase is not only a home for your child but also a long-term investment. That’s why it’s so important to work with agents who have extensive experience finding the right property that meets all your goals.
Over the years, we’ve helped many Chinese parents purchase properties for their sons or daughters studying at Columbia University, Fordham Law School, New York University, Parsons School of Design, School of Visual Arts, and other well-known institutions in New York City.
We’ve also assisted parents buying homes for their young professional children who have recently relocated to NYC to begin their careers.
Each buyer have very unique and different criterias as we can discuss that when we are on the telephone.
Here are few key steps to prepare and understand before your home search
- Time frame – this is one of the most overlooked point when buyer first start looking for home. Is your son or daughter current renting an apartment? This is important to know so you can plan ahead.
- 45 days to 60 days IF YOU PLAN ON PURCHASE IT ALL CASH, cash means money in your bank account, this does NOT include any offshore financing or creative financing. (this does not include New development or new construction buildings. If new buildings, it can be much longer depending on the building, or it can be quick) Typically, the quickest we can close would be 45 days. If it is a cooperative, then it can be 90 or more days subject to condo board approval. If it is new construction condo, it can be two weeks up to unknown period of time depending on construction stage.
- 60 days or LONGER if FINANCING: 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.
- Result Oriented and Diligent Real Estate Agent: We are the market experts to educate you the housing market. Based on our detail discussion when you contact us, we will then customize a home search for you and plan all the necessary steps ahead prior to your trip to NYC.
Smart and savvy buyers work with agents like ourselves, contact us today https://chinesespeakingagent.com/contact/ to experience result oriented agents.