Category Archives: Pierce County


May

20

2016
Buyers Looking Outside King County

Buyers Looking Outside King County

A recent Seattle Times article pointed out that a growing number of first time home buyers are looking for their ideal home, farther outside central Puget Sound. The driving force behind this growing trend is scarce inventory and climbing prices in and around King county. According to the Northwest Multiple Listing Service (April report delivered in May), inventory remains well below the supply needed for…

Read More


Jun

24

2013

Fircrest, Pierce County, Fix & Flip Loan

VERISTONE DEALSHEETLOAN AMOUNT: $139,000FINAL SALES PRICE: $249,900LOAN DATE: November 2012 to May 2013LOCATION: Fircrest, Pierce County- ResidentialLOAN TYPE: Fix & Flip Loan, 6 Month Term DETAILS: The borrower purchased the subject property in November 2012 for $139,000.  The borrower is an experienced real estate investor and real estate agent with a multi-year history of successful fix & flip transactions.  The property received a fully finished basement, upgraded kitchen and bathrooms and new…

Read More


May

07

2013

Tacoma Auction Loan

VERISTONE CAPITAL DEALSHEET LOAN AMOUNT: $137,000FINAL SALES PRICE: $225,000LOAN DATE: November 2012 thru April 2013LOCATION: Tacoma, Pierce County- ResidentialLOAN TYPE: Auction Loan, 12 month termDETAILS:  The subject property was one of almost 50 auction deals funded by Veristone Capital in 2012.  The property was purchased last November for $157,000 and was updated during the Holiday season with new carpet, new paint, and a refreshed kitchen. …

Read More


Mar

25

2013

Graham, Washington, Auction Loan

VERISTONE CAPITAL DEALSHEET LOAN AMOUNT: $156,000 FINAL SALES PRICE: $249,995 LOAN DATE:  January 2013 to March 2013 LOCATION: Graham, Pierce County Residential TYPE: Auction Loan, 6 Month Term DETAILS: Liberty Capital has changed its name to Veristone Capital.  Veristone is still providing the same quality and quantity of specialty financing to real estate buyers in King, Pierce and Snohomish County.  A recent Pierce County deal…

Read More


Mar

12

2013

Puyallup Auction Loan

LIBERTY CAPITAL DEALSHEET LOAN AMOUNT: $160,357 FINAL SALES PRICE: $305,000 LOAN DATE: October 2012 to March 2013 LOCATION: Puyallup, Pierce County TYPE: Auction Loan- 12 month term DETAILS:  The subject property is a 3000+ square foot rambler located in the Manorwood neighborhood of Puyallup.  The property was purchased at the Pierce County foreclosure auction for $195,000 in October 2012.  The borrower is an experience foreclosure…

Read More


Feb

27

2013

Sumner Auction Loan

LIBERTY CAPITAL DEALSHEET LOAN AMOUNT: $100,000 FINAL SALES PRICE: $156,950 LOAN DATE: November 2012 to February 2013 LOCATION: Pierce County- Residential TYPE: Auction Loan- 12 month term DETAILS: Liberty Capital funded over 40 deals at the King, Pierce, and Snohomish County foreclosure auction in 2012.  One of these deals was purchased in November 2012 by an experienced auction investor working with JDIG Real Estate Group/Skyline…

Read More


Feb

20

2013

Tacoma Fix & Flip Loan

LIBERTY CAPITAL DEALSHEET LOAN AMOUNT: $122,000 FINAL SALES PRICE: $229,000 LOAN DATE: July 2012 to February 2013 LOCATION: Tacoma, Pierce County TYPE: Fix & Flip Loan DETAILS:  Liberty Capital successfully funded 147 residential bridge loans in 2012.  Most of these loans had a remodel element to the deal, situations where the borrower improves the property and creates additional value.  The borrower on this particular property…

Read More


Oct

12

2012

Puyallup Fix & Flip Loan

[one_half_last][/one_half_last] DETAILS: The subject property is an older Puyallup house with 1000 sq ft main floor and a 700 sq ft “A Frame” second story. The property has a detached garage. The borrower is performing a basic $25,000 remodel and the plan is to refinance the property once the remodel is complete and subsequently hold the property as a cashflow rental.


Sep

28

2012

Fall and Winter of 2012 Shaping Up to Be Seller’s Market in Washington

[break]The fall and winter months typically accompany a slowdown in the real estate market as month-over-month prices decline along with home sales. This seasonality effect is a persistent trend in the real estate market, however, current conditions suggest that the next few months may not be such a bad time to take a home to market. In fact, the marked improvement in the housing market…

Read More


Sep

11

2012

Tacoma Fix and Flip Loan

[break]Washington State’s distressed real estate market offers significant opportunities for local investors seeking to fix up and resell foreclosure auction properties and distressed homes at a profit. Here’s a snapshot of one of our recent deals from Tacoma. [one_half_last][/one_half_last] DETAILS: The subject property was purchased for $117,000 with a $125,000 fix & flip loan through Liberty Capital. The buyer will spend roughly $25,000 on targeted…

Read More



Page 1 of 212

Contact Us

  • This field is for validation purposes and should be left unchanged.