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Your local Tampa Bay Florida Real Estate Expert Michael Valdes shares news about the local housing market trends, homes for sale, events and more!

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Towers of Channelside Now Fannie Mae Approved

Towers of Channelside Now Fannie Mae Approved!

Financing on the Towers of Channelside condos was just approved by Fannie Mae for loans up to $417,000! For Tampa home buyers who have been waiting for the right moment... now is the time to purchase one of these amazing luxury 27 story hi-rise Tampa condos. The Towers of Channelside are some of the most luxurious condos in the Tampa Bay area and have huge balconies, amazing views of downtown Tampa Florida, Davis Island, Harbour Island, the port, Channelside and the beautiful water of Tampa Bay! Out of 257 of these Channelside condos, 70 percent are now sold with an additional 22 condos under contract. Developer units start at $178,000 for a 1 bedroom 1.5 bath unit. The Towers of Channelside condo maintenance fees start at $553 per month and include phone, cable, Internet and water. I know the fees sound a little pricey, but for the floor plans, the great location, the view and the amenities... I personally think that the higher HOA fee are worth the extra money. These Tampa condos are selling at a forty-five percent discount and Tampa condo prices have never been lower. With mortgage rates hanging below 5%, you can have a really low monthly mortgage payment! For the best deal contact a Tampa Mortgage broker who can shop the best deal for you on a Fannie Mae home loan. FYI... the banks have normally have higher mortgage interest rates which will cost you thousands more in the long run. For more info on the Towers of Channelside Condos for sale getting Fannie Mae approval, call (800) 975-7205.

Published Tuesday, August 31, 2010 10:39 AM by MICHAEL VALDES & ASSOCIATES

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