Blog


Aug

27

2013

Central Area Fix & Flip Loan

LOAN AMOUNT: $190,000FINAL SALES PRICE: $625,000LOAN DATE: March 2013 to August 2013LOCATION: Central Area, Seattle- King County ResidentialLOAN TYPE: Bridge Loan, 6 Month TermDETAILS: This property was purchased for $380,000 by an experienced Veristone real estate investor.  This property boasts 2100+ square feet and went through a “studs-out” remodel.  The house received modern finishes with bamboo floors, modern style hardi-siding, quartz counters, stainless, steel railings,…

Read More


Jul

29

2013

Auburn Fixer Loan

VERISTONE CAPITAL DEALSHEET LOAN AMOUNT: $129,000FINAL SALES PRICE: $217,300LOAN DATE: March 2013 to June 2013LOCATION: Auburn, King County- ResidentialLOAN TYPE: Fix & Flip Loan, 6 Month TermDETAILS: The borrower on this loan is an experienced real estate investor and real estate agent.  She purchased the property in March for $126,000 and performed a $30,000 remodel on this 1500 sq foot Auburn rambler.  The final product…

Read More


Jul

09

2013

Edmonds Auction Loan

VERISTONE DEALSHEET LOAN AMOUNT: $272,000FINAL SALES PRICE: $524,950LOAN DATE: November 2012 to June 2013LOCATION: Edmonds, Snohomish County- ResidentialLOAN TYPE: Fix & Flip Loan, 6 Month TermDETAILS:  The borrowers on this Edmonds flip are experienced auction professionals.  The borrowers purchased this property at the Snohomish County foreclosure auction in October 2012 for $251,000.  They then refinanced into a Veristone Fix & Flip Loan in November 2012…

Read More


Jun

25

2013

Federal Way Fix & Flip Loan

VERISTONE DEALSHEET LOAN AMOUNT: $213,000FINAL SALES PRICE: $455,100LOAN DATE: January 2013 to June 2013LOCATION: Federal Way, Marine Hills, King County- ResidentialLOAN TYPE: Fix & Flip Loan, 6 Month Term, $25,000 Construction HoldbackDETAILS:  This is an outstanding story of a 1966 property with sound views in the Redondo Highlands receiving modern updates.  New interior and exterior paint, private upper level master suite, modern kitchen and baths,…

Read More


May

01

2013

West Bellevue Auction Loan

VERISTONE DEALSHEET LOAN AMOUNT: $585,000HOUSE VALUE: $800,000 estimatedLOAN DATE: March 1st, 2013 through April 26th, 2013LOCATION: Bellevue, King County- ResidentialTYPE: Auction Loan- 12 Month TermDETAILS: Veristone Capital partnered with John L. Scott Foreclosure Services to acquire a rare view property in one of the premier Seattle neighborhood’s- West Bellevue, near Meydenbauer Bay.  The subject property boasts 1930 square feet with lake views.  The property was…

Read More


Apr

23

2013

West Seattle Fix & Flip Loan

VERISTONE DEALSHEET LOAN AMOUNT: $296,000FINAL SALES PRICE: $534,000LOAN DATE: June 2012 to April 2013LOCATION:  West SeattleTYPE: Fix & Flip Loan- 6 Month Term with 3 Month Extension OptionDETAILS:  The subject property is a 1928 Tudor boasting 2350 square feet.  This property sits on a spectacular street and went under a complete permitted remodel with aid of an architect.  The borrower in an experienced real estate…

Read More


Apr

16

2013

Lake Tapps New Construction Loan

VERISTONE CAPITAL DEALSHEET LOAN AMOUNT: $266,000 FINAL SALES PRICE: $415,000 LOAN DATE: June 2012 to April 2013 LOCATION: Lake Tapps, Residential- King County TYPE: New Construction Financing, 6 month term with 3 month extension DETAILS: Veristone Capital partners with experienced builders to finance ground up construction on a case-by-case basis.  The subject property is situated on 1.23 acres in the Lake Tapps area.  This newly…

Read More


Apr

02

2013

Renton Auction Loan

VERISTONE CAPITAL DEALSHEET LOAN AMOUNT: $57,000 FINAL SALES PRICE: $103,500 LOAN DATE: January 2013 to March 2013 LOCATION: Renton, King County Washington TYPE: Auction Loan, 12 month Term DETAILS: The subject property  was sold at King County foreclosure auction for $65,000 in January 2013.  The buyer is an experienced real estate investor working with Skyline Properties and JDIG Real Estate Group.  The property is a…

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

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



Page 1 of 212

Contact Us

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