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September, 2008

Starpointe Communities announces FHA Approval of 2 communities

SCOTTSDALE, Ariz. (September 16, 2008) – Starpointe Communities, Arizona’s largest and premier builder of condominium homes is pleased to announce that their Cobalt and Indigo communities are now FHA approved.

“FHA approval affords us with the opportunity to provide our buyers with additional loan options that go beyond traditional loans,” said Rob Lyles, Starpointe Partner. “The lower down payment requirement is a huge benefit that opens the door to buyers who might not have been able to purchase a new home otherwise.”

In addition to lower down payment requirements, the competitive interest rates, better debt to equity limits, and easier qualification standards make FHA loans an attractive option for buyers regardless of their income level. Coupled with the Down Payment Assistance Programs, buyers can own a new home for as little as $500 down. This opportunity ends soon, so stop by Cobalt and Indigo today to view our inventory of available homes!

Cobalt, located at 32nd Street and Union Hills and Indigo, located at 50th Street and Chandler, are both brand new, gated communities with heated pool and spa, granite countertops, full appliance packages, and spacious floor plans. Visit each community to tour fully furnished model homes and learn more about how FHA financing might work for you.

Starpointe Communities has been a fixture in the Phoenix real estate market for more than 10 years, and has set the standard for innovation, quality, location, and lifestyle in condo living. For more information on Starpointe Communities, please visit www.starpointecommunities.net.

This information was current at the time it was published.

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