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22 Units Sold Since Sept. at Burien Town Square; New Financing Program Starts

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Twenty-two units have sold since September at BTB Advertiser Burien Town Square
, and new Financing as well as a Marketing Program starts this week!

The hot real estate market has reached Burien, as The Residences at Burien Town Square now has 22 new sales since September 2012. Now 34 homes have closed and homeowners have moved in, and 10 more sales are pending.

“As the Seattle and South King County markets see an increase in home sales, it is nice to see the pace of sales of condos in Burien Town Square pick up each month as well,” said Dan Trimble, Economic Development Director for the City of Burien. “The addition of new residents also means new customers for our businesses. This positive trend can only help the momentum to complete the Town Square development and improve Burien’s business climate.”

One reason condo sales are picking up is that it’s just that much easier for potential buyers to find financing right now. Currently, Union Bank is offering conventional 5% down loans with no private mortgage insurance (PMI), on the next six sales at Burien Town Square.

Once the entire building reaches 50% sold, conventional 5% down financing will be available from many lenders. With the current sales momentum, the marketing team anticipates reaching that goal by late spring.

A new promotion just launching celebrates the Burien Town Square team’s appreciation for the Burien community:

The promotion will include an update to www.BurienTownSquare.com/location and advertising in local media and social media. The first 100 people who bring in a receipt from a featured local business to our sales center will get a free “I Love Burien” tee-shirt.

The sales center and model homes are open every day from 11 a.m. to 5 p.m., but those hours don’t work for everyone. Buyers and brokers can always make an appointment to tour before or after open hours. Now they can also stop by “Second Wednesday” — the new evening open house happening the second Wednesday of each month. Every month will feature appetizers from a different local restaurant, plus visitors can take home a $10 gift card to visit that local business for themselves.

The next evening open house will be Wednesday, February 13 from 5 to 7 p.m. featuring a special Valentine’s Day cupcake from Burien’s own “Cupcakes and Balloons.” Model homes and building amenities including the community room and fitness center will be open for touring.

The Residences at Burien Town Square are 124 new condominiums now selling in Downtown Burien. Homes are priced from the $130s to $420s. Home types include studio, one-bedroom, one-bedroom plus den, two-bedroom, two-bedroom plus den, two-bedroom/den townhome and open one-bedroom loft. Building amenities include formal lobby, community room with kitchen and TV, fitness center, rooftop p-patch, party deck with gas firepit, BBQ patio, and landscaped courtyard.

Burien Town Square is open daily 11 a.m. to 5 p.m. with four furnished model homes. Visit the sales center on the northwest corner of the building at 15100 6th Ave SW #228, Burien.

For more information, call Tracey O’Brien or Tamea Duckworth, 206.901.0000 or visit the website: www.BurienTownSquare.com.

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3 Responses to “22 Units Sold Since Sept. at Burien Town Square; New Financing Program Starts”
  1. TcB says:

    This is great news for downtown and 152nd. Set your sights high for the remaing parcels. No one story medical offices please. What a waste that would be.

  2. Bman says:

    @Tcb And WHY not? More money! More tax dollars for Burien.

  3. TcB says:

    I have to take your reply as a joke. No one, No one, No one wants to fill the space originally planned to be the new Jewel of Downtown before the crash (and still can be) with a small one level office (about the size of the existing old bank building?) Also, this is a no-all-caps-space. Just say no, for the childrens sake.

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