West Bellevue Auction Loan

VERISTONE DEALSHEETPrem Urali Clyde Hill

LOAN AMOUNT: $585,000
HOUSE VALUE: $800,000 estimated
LOAN DATE: March 1st, 2013 through April 26th, 2013
LOCATION: Bellevue, King County- Residential
TYPE: Auction Loan- 12 Month Term
DETAILS: 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 purchased at auction, Quality Loan Services as Trustee, for a dollar over the minimum bid of $721, 774.06.  The property was subsequently refinanced in under 60 days of purchase into a traditional mortgage.  The buyer is thrilled with his purchase into one of Seattle’s premier neighborhoods at distressed prices.  We are pleased to help create another win-win and satisfied borrower!


Davis Hsu

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