$0 up front. $0 during the work. No monthly payments. You pay at closing, out of the sale proceeds.
There is no deposit, no progress billing, no credit check and no monthly payment. You do not write us a check at any point during the project.
At closing, escrow pays us out of your sale proceeds before the balance reaches you. That is what you authorize when you sign the escrow instructions on day one.
The contract price from the estimate you signed, plus Washington sales tax, plus any change orders you signed, plus the county recording fee, plus interest only if the six-month clause below was triggered.
That is the entire list. There is no program fee, no origination fee, no administration fee, no percentage of your sale price, and no share of your equity.
The price is fixed by the estimate you sign before work starts. It can only change through a change order — a new estimate, signed by you, before that work happens. If someone from FLYP proposes extra work and you have not signed a new estimate for it, do not let it start.
Yes, in one situation. No interest during the renovation and none for six months after it is finished. If the home has not closed by then, the balance accrues 1.5% per month.
The clock starts at Substantial Completion — the day we send you the written notice that the work is done — not at signing. Most homes sell well inside that window and never touch this clause.
You can pay the balance in full at any time before closing, and the interest stops that day.
We would rather you read this here than find it on page six. Ask every company you are considering for the same two numbers in writing.
At ten months after the work is finished, the balance becomes due directly — whether or not the home has sold.
This is called the Outside Closing Date. It is the outer limit of how long we will carry the cost, and every company in this category has one; ours is written into your agreement as a specific number of months rather than left vague.
The way we protect you from ever reaching it is at the front of the process, not the back. Before anyone drives out, we run a coverage ratio: your projected net proceeds — after selling costs and every loan already on the house — must cover the maximum that could become payable to us by at least 1.3x. We re-run it against the real title report before crews start. If a project does not clear it, we turn it down. That is the single most important thing we do for you, and it happens before you have signed anything.
Yes. Before our crews start, you sign a deed of trust in front of an independent notary and it is recorded with the county.
It secures the cost of the renovation against the home, the same way a mortgage secures a loan. It is a real security instrument, and we are not going to call it anything softer than that.
It is also the reason the rest of this works. Because the house secures the balance, we do not need a credit check, a deposit, income verification, or a monthly payment from you.
We release it within ten business days of being paid. That is a contractual deadline we owe you, not a courtesy.
Nobody from FLYP and no agent involved in your sale is ever allowed to notarize it. An interested party's notarization is void, and we will not put your deal at risk that way.
Yes. Anyone in this category who tells you otherwise is selling you something.
A renovation is an investment, and investments can underperform. The market can soften while you are on it. The work can uncover something behind a wall. The home can sell for less than the renovated comparables suggested. In any of those cases you still owe the cost of the work.
What we can tell you is how we manage it: the 1.3x coverage ratio above, a written after-renovation-value opinion from a licensed broker rather than a number we made up, and a scope chosen for resale value rather than for how big we can make the job.
If your numbers are marginal, we would rather tell you that and walk away than take the job. That is not generosity — a project that does not clear underwriting is bad for us too.
List within 30 days of the work being finished, with the agreed broker at the agreed price, and don't withdraw the listing, switch agents, or make a material price cut without our written consent.
You also agree to tell us promptly about offers, price changes, agent changes, and any new loan or lien recorded against the property.
None of this gives us a vote on which offer you accept. It exists so the home does not sit off-market with our money in it. If your circumstances change, call us — these are conversations, not traps, and they go far better early.
You can, if you can cover the balance another way — usually a HELOC or a refinance against your now-higher value.
People do this. They fall in love with the finished kitchen. If you can cover the cost, we release the deed of trust and you keep the house.
If you cannot cover it, the agreement continues as you signed it: the renovation is completed, the home is listed, and we are paid at closing. We are not going to pretend otherwise.
Raise it early. Before the work is finished, this is a straightforward conversation. After, it is a harder one.
A fixed price, a written schedule, a one-year workmanship warranty, and the releases inside ten business days of payoff.
The scope and price are fixed by the estimate you sign, and can only move by a change order you sign first.
You get a written one-year workmanship warranty on the renovation. We are the licensed general contractor that did the work — Green State Restoration, LLC — so the company behind the warranty is the same company that swung the hammer.
When we call the work substantially complete, we tell you in writing and dated. You then have ten days to give us a punch list, signed by both sides.
Before work starts you receive the Washington state contractor disclosure statement with our registration number, bond and expiration (RCW 18.27.114) and the notice to owner required by RCW 60.04.031. Those are your protections, not paperwork.
Neither. FLYP is not a brokerage and takes no commission or share of one.
We are a general contractor. We do not act as your listing agent and we do not earn anything from the sale itself.
If you do not have an agent, we will introduce you to brokers we have worked with who know how to price a renovated home. You are never required to use them, and using your own agent changes nothing about your terms.
Take this list to Curbio, to a brokerage concierge program, to a local outfit, and to us. Ask for the answers in writing. A company that will not put these in writing has told you something.
See how the companies in this category answer the first five: FLYP vs. Curbio, Compass Concierge, Revive and Freemodel.
A free assessment of what your home could sell for renovated versus as-is. No obligation, no credit pull, and if the numbers do not work we will tell you that.
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