Just In: Bellevue Towers Now FHA Approved

Just in; I just received an e-mail from Bellevue Towers and they have announced that they are FHA approved.  This is great news for a local  condo project that has a large number of units to sell.  Good for them.  I hope this gives them some momentum as we head into spring.  As I have said before, our Seattle/Bellevue market is much better off if we all succeed.   See below for the details of the e-mail:

If you have any questions or want to schedule a tour, e-mail me at info@urbanimg.com

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Sales at Bellevue Towers are already off to a strong start in 2010 with 15 new offers in March alone and nearly 20 sales over the course of the past three months. Now with flexible FHA financing, buying a new home at Bellevue Towers is more attractive than ever:

  • Loan amounts up to $567,500
  • Down-payments as low as 3.5%
  • 30-year-fixed and ARM rates
  • Qualification with a family member as co-signer

Our FHA approval arrives just in time to allow you to take advantage of federal tax credits and historically low interest rates.

Tax Credits: To qualify for the $8,000 federal tax credit for first-time homebuyers (or $6,500 for repeat homebuyers), you must purchase your new home at Bellevue Towers by April 30th and close by the end of June.

Interest Rates: With the Federal Reserve having stopped its purchase of mortgage-backed securities, interest rates are expected to start rising again from their current historic lows.

Now is a great time to take advantage of FHA financing to purchase a home at Bellevue Towers.


  • http://www.JoeKennedy.biz Joe “The Connector” Kennedy

    That is good news for them – unless it is another April Fool’s joke …

    Are they getting more realistic on their pricing too?