Blog


Nov

02

2017
Seattle Real Estate Investor Education Workshop

Seattle Real Estate Investor Education Workshop

You’ve heard of the Stone Age, right? And the Gilded Age, and the Bronze Age? Well, we live in the Internet Age, a time when knowledge is no longer centralized and guarded by elite gatekeepers but is dispersed, widespread, and available to anyone with a mouse to click or an app to tap. But there is a drawback to this. The democratization and decentralization of…

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Mar

06

2017
A Flawless Fix and Flip

A Flawless Fix and Flip

A premier Veristone client executed a successful fix and flip on this Lynnwood property located close to I-5 and local amenities. The 1,379 square foot home has 3 bedrooms, 2 bathrooms, and a number of new features that transformed it from two small units, to a beautiful single family residence. This house now boasts, an updated and upgraded kitchen with gorgeous granite and stainless steel…

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Feb

06

2017
Positive Market Despite Rising Rates

Positive Market Despite Rising Rates

Even though experts in the market agree that rates will likely increase slightly in 2017, they also agree that this will not have a negative impact on the Northwest real estate market. Lawrence Yun, chief economist for the National Association of Realtors, shared that historically, a rate increase to 4.5% (the expected high point for 2017) would still be a ‚Äúfavorable rate‚Äù. ‚ÄúWe are getting…

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Dec

29

2016
Ideas for Sourcing Fix & Flip Properties

Ideas for Sourcing Fix & Flip Properties

If you are an investor with a fix and flip close to completion, you’re likely to be happy about the strong Northwest housing market. Factors like short supply, high demand and increasing prices are all good things for a seller. However, these factors can make it more difficult if you are an investor looking to source your next deal. In the current market, there are…

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Dec

23

2016
November Market Update

November Market Update

According to the Northwest Multiple Listing Service (NWMLS), figures for November show a 13.2 percent drop in inventory of single family homes and condominiums. For the 4-county Puget Sound region there is only 1.22 months of supply, with King County having the lowest level at under a month (0.96). There was a 9.4 percent gain in pending sales, a 31.3 percent spike in closed sales,…

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Dec

21

2016
A Winning Property

A Winning Property

Veristone would like to congratulate Sandra Lambrecht! In early 2016, Sandra set-out on a plan to renovate an 85-year-old Queen Anne Tudor-style home. Having been with Sandra at the beginning of this project, we can verify that the property needed more than a little TLC. Sandra boldly embarked on a plan to renovate the structure down to the studs, in many areas, while paying careful…

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Nov

29

2016
Seattle Condo Fix & Flip

Seattle Condo Fix & Flip

If you are considering getting into real estate investing, making the decision to “go for it” isn’t always easy. For many, it’s all about focusing on that first single step – don’t worry about the whole staircase! You don’t need to be an expert in real estate investing when you do your first deal. Recognizing the value of focusing on one step at a time…

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Nov

18

2016
Portland Fix and Flip

Portland Fix and Flip

Thanks to having strong partners in the real estate business and eye on the market, Retha McCutchen was able to acquire an ideal fix and flip in the Cully neighborhood of Northeast Portland. With the help from her partners in the real estate business, knowing the neighborhood and aligning with quick financing from Veristone, Retha was able to jump on this opportunity. It was worth…

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Nov

05

2016
Advice from my Lender?

Advice from my Lender?

Earning a living buying and selling real estate is very rewarding… but can also be risky business. This is a key reason why many people opt not to pursue real estate investing. It’s also a key reason why those that do, often seek out a key partner like Veristone. If you can leverage the learnings of those that have gone before you and follow in…

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