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 email@example.com
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.