This is where the Patriot Act comes in. You must be able to show a paper trail from whence the money came, its source and legitimacy. Most banks, especially Hong Kong Shanghai Bank understand this and I have had several clients work with them before. Speak with them. They know the process and when you're ready to buy, remember the good agents on Trulia like Ellie, David and myself to represent you on your purchase. Remember - Quality representation costs no more - and - to which my Mom would add; "You get what you pay for."
Happy Holidays and wishing you much Health, Happieness and Prosperity in the New Year!!!
Building Trust for Life
Zephyr Real Estate
ABZ@ZephyrSF.Com - 415-695-2715
The best way to have the money sent is by wire, from your relatives to your bank.
China. One caution, I would like to mention is its very difficult to refinance and get cash out these days...so you may not have the ability to pay them back in a few years. Best of Luck, and contact me if you would like a
referral for a lender or you need any help.
I agree with David, you should talk to your lender or mortgage broker . Let me know if you need a referral. To transfer (wire) money it's very easy,but you need to know what kind of papers you must have to satisfy lender's requirements.
I have had clients from China purchase homes here and get money transfers from over seas , but they still need to show where the money came from.
Good luck and Happy Holiday's.