Category Archives: Fix & Flip


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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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

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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Sep

19

2016
Veristone Expanding Auction Services to Thurston, County WA

Veristone Expanding Auction Services to Thurston, County WA

Veristone is excited to announce the addition of Thurston County to its list of counties where auction funds are available on weekly basis. Starting Sept. 30th, 2016 Veristone will have an experienced representative attending the Thurston County Foreclosure Auction. This means that we will have funds in-hand at the auction for our preapproved clients to buy properties on the spot. We are confident that Thurston…

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Aug

07

2016
Appreciation in the Northwest – Setting a Red Hot Pace

Appreciation in the Northwest – Setting a Red Hot Pace

In spite of easing a bit from prior months, home prices are continuing to experience positive appreciation. The S&P Case-Shiller 20-City Composite index for May (as reported at the end of July) rose 5.2 percent year over year. This accounts for slight slowdown from April’s 5.4 percent increase. The Case-Schiller index tracks changes in the value of residential real estate nationally as well as in…

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Jul

23

2016
Smart and Fast = Success

Smart and Fast = Success

Every deal is about knowing the numbers! And it’s been said that the most important number is the After-Repair-Value (ARV). Knowing this number before you acquire a property can be the difference between making a great deal versus making a deal you wish you could forget. The majority of discounted properties are usually junk properties, vacant properties and/or fixer-uppers. They’re often in need of many…

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Jul

19

2016
“Social Savvy” Investors go beyond Facebook

“Social Savvy” Investors go beyond Facebook

It’s no secret that in order to gain a competitive edge in sourcing or selling a house you should learn to utilize social media. If you’ve begun using Facebook you’re on the right track. But you should also be considering other social media sites. Especially those that are primarily visual. • 90% of information transmitted to the brain is visual. • Visuals are processed 60,000…

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