You can find SEO Services for Kirkland website owners here: Kirkland SEO Services
"History of Kirkland
The City of Kirkland was named after a British-born steel tycoon, Peter Kirk, who came to the Northwest in the 1880s seeking new development opportunities. Kirk envisioned developing a ""Pittsburgh of the West"" on the eastern shore of Lake Washington - a bustling new town whose main economy would be focused around steel production.
In 1880, the Moss Bay Iron and Steel Works was built by Kirk and several prominent Seattle businessmen. They hoped to tap the rich mineral resources of Snoqualmie Pass and believed that a ship canal would soon be cut through Seattle to Puget Sound, opening Lake Washington to Pacific Rim trade. A rail line to the Pass and a ship canal to Puget Sound were both constructed, but too late to save Kirk's dream. Due to a stock market crash in 1893, the mill closed without producing any steel.
Despite the steel mill's closure, Kirkland incorporated in 1905 with a population of 400. The primary concern of the new Kirkland City Council was the improvement of roads, buildings, and the Lake Washington shoreline.
The two most successful industries in Kirkland's early history were wool milling and ship building. The first wool mill in the State of Washington was established in Kirkland in 1892. It produced wool products for Alaska Gold Rush prospectors and for the U.S. military during World War I.
Kirkland's ship-building industry began on the Lake Washington waterfront with the construction of ferries. For 20 years, most of the boats on Lake Washington were either built or repaired in the Kirkland area. The 1917 opening of the ship canal also opened Lake Washington to ocean-going vessels. By 1940, Kirkland's Lake Washington Shipyard was building warships for the U.S. Navy. More than 25 warships were built during World War II on what is now Carillon Point.
Peter KirkFor most of its history, the adjoining Town of Houghton was a separate community. By the 1960's, the interests of Houghton and Kirkland began to converge. In 1968, the citizens of Houghton elected to join Kirkland to become one city with a population of 13,500.
The City of Kirkland continues to grow."
Distressed Properties FAQs
What are Distressed Properties?
In real estate, if a homeowner suffers from financial problems, which render him unable to meet his monthly mortgage obligations, he is said to be in distress and the home is referred to as a Distressed Property. Based on the stage of foreclosure the property is in, it can be classified as a pre-foreclosure, foreclosure at auction or a bank owned home/repo home.
For more information, simply check our What are Distressed Properties? page.
How to buy distressed properties?
Buying distressed homes is simple enough. You only need to determine where in the stage of foreclosure is your entry point and understand what is involved in purchasing these properties. Each stage will require a different approach, so it is also crucial you do your homework even before you search for the perfect distressed property.
To help you make sure your purchase is a success, check out the How to Buy Distressed Properties page.
How to invest in distressed properties?
Considering the impressive profit potential offered by distressed properties, it is not surprising buyers are presented with numerous investment opportunities. You will find investing in these distressed homes is quite lucrative. Of course, in order to maximize the said potential, you have to make sure you know and understand what is involved in each of these opportunities.
You can refer to the Guide in Investing in Distressed Properties for more information.
How to find distressed properties?
When it comes to finding distressed properties, there are actually several ways to do so. You can choose to go the traditional route and search neighborhoods or scan classified ads in newspapers. But there is actually a more efficient and convenient way - there are distribution centers.
We offer a large selection of distressed houses for sale, including pre foreclosures, foreclosures at auction and bank owned properties located in all 50 US states. You will have easy access to all relevant information pertaining to these homes with just a few clicks in your computer. Finding the best deal on a distressed property which meets your budget and preferences will always be hassle-free.
Is there a specific type of distressed properties which is more profitable to invest in?
You will be pleased to know that despite the many types of distressed properties, all of them promise to be profitable. Your choice will simply have to depend on your resources and needs. Since each type of distressed home offers their own advantages, you have to determine which type you are comfortable of buying and eventually owning.
Are distressed homes always sold as is?
In general, distressed properties are sold as is. For this reason, you have to conduct a thorough inspection of the property to see the extent of repair work needed. Hiring a professional inspector is strongly recommended. In few cases, the seller will agree to agree to shoulder the repair cost as long as they are minimal. It is really a matter of knowing exactly what you are buying and negotiating with the seller.
What Are Handyman Specials?
Distressed properties which require extensive repair are usually referred to as Handyman Specials. They are usually sold at very low prices since the buyer will have to spend much on repair and renovation. It is important you know exactly how much it would cost you to have the property fixed up to estimate your potential profit. You can do so by working with an experienced and professional contractor.
What are Fixer Upper Homes?
These distressed properties - as their name suggest - requires fixing up. Investors consider these properties as the perfect choice for flipping since they can be bought for a fraction of their market values. Obviously, you will have to order a thorough home inspection to determine how much it will cost you to repair the property. Once they have been repaired and renovated, they can be sold for considerable profit, which is why many real estate investors consider them gold mines.
What do I need to get started with distressed homes investing?
To get you started on your distressed homes investing, you will need to educate yourself about everything there is to know about properties in distress from buying to cashing in on your investment. Of course, you have to understand your success will be greatly dependent on finding the best deals.
We provide Bad Shape Home services for residents and companies.
We provide services in every State including Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut,
Delaware, Florida, Georgia, Hawaii, Idaho State, Illinois, Indiana, Iowa, Kansas, Kentucky,
Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri,
Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico,
New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon,
Pennsylvania, Rhode Island, South Carolina, South Dakota,
Tennessee, Texas, Utah, Vermont, Virginia,
Washington, West Virginia, Wisconsin, and Wyoming
Closely Related Topics: You Can Quickly Sell Your Home.
Related Statewide Reading Topics: Kirkland - You Can Quickly Sell Your Home.