Condo News
Single property auction hits Seattle
UPDATED. On the heels of the successful condo project auctions last Fall, individual sellers are now looking at auctions as an alternative means to sell their property. Owners at Canal Station and Tribeca are trying their hands at auctioning their units.
Revised first-time homebuyer tax credit
The $787 billion American Recovery and Reinvestment Act of 2009 revises the first-time homebuyers tax credit.
1521 2nd Avenue photos
1521, Seattle’s newest upscale condominium in downtown, provided photos of their model home and residential amenities. Along with the Four Season’s Private Residences, 1521 is one of Seattle’s most prestigious residential towers.
Condo investors…an endangered species?
New mortgage fees and restrictions may hinder investment condo opportunities.
Condo PR, news and deals
Several condos are offering deals to close out construction, but none as good as those being offered at Veer. Buy a condo, get paid closing costs plus free furniture, plane tickets and a workout.
Parc interest rate buy-down promotion
The Parc condominium is offering a limited time rate buy-down promotion with a starting rate as low as 2.875%.
New mortgage fee for condo purchases
Condo loans may get a little more expensive with a new Fannie Mae fee that’ll go into effect as of April 1st.
Newly constructed FHA approved condos
A number of new condo developments have obtained FHA approval. With FHA approval, buyers can more easily obtain FHA financing for their purchase which provides a low down payment option, more lenient guidelines and higher financial ratios.
Domaine development to be auctioned
According to the Daily Journal or Commerce, the Domaine Condominium development on Aurora Avenue is being offered for auction (Trustee’s Sale) on February 6, 2009 to the highest and best bidder.
