Fox quotes Wei Min in How Foreigners Can Buy Real Estate In The U.S.

Posted by Wei Min Tan on October 30, 2017

Publication:  Fox Business News

 

Summary:  Fox Business News writes about how foreigners, who are taking advantage of attractive prices and exchange rates, can buy property in the U.S.  The steps mentioned include getting a team together, getting a mortgage, lending costs, insurance and property taxes.

 

Wei Min’s comments in article:  

Real estate agent Wei Min Tan says he usually travels to Asia and Europe to meet with potential buyers.  Tan is a broker at Castle Avenue Partners, which is part of Manhattan-based Rutenberg Realty.  He represents buyers from various parts of the world, including Singapore, Hong Kong, Australia and the United Kingdom.

“Most of them get to me through word of mouth, referrals, Google,” he says. “They want someone to guide them, someone who can identify a good deal and negotiate price. They worry about who is going to take care of everything for them.”

Like Tan, most of the agents who represent foreign buyers know attorneys, loan officers and accountants to help the buyers through the process.

 

Wei Min’s Foreign Buyer Guide to Investing in Manhattan Property

 



Contact Weimin



641 Lexington Avenue,
22nd floor,
New York, NY 10022





641 Lexington Avenue,
22nd floor,
New York, NY 10022





About Wei Min


  • Focuses on investors of Manhattan condominiums, interviewed by CNBC, CNN, Wall Street Journal, New York Times
  • Ex-Citibanker, managed $500 million portfolio
  • MBA, University of Illinois at Urbana-Champaign
  • Manhattan resident since 1999. Currently lives in Tribeca with wife and 2 kids
  • 352 burpees in 23 minutes, student of muay thai kickboxing

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