May 1st 2010, the Tax Credit is Gone

This site was started at the end of last year when it was clear the housing market was going to change. We have encouraged people to sell the Real Estate that they had leveraged, or was going to be suspect in their over all portfolio. Some people listened, and some held on hoping for the market to come roaring back.

In the next few months all of the illusions of the Real Estate market place will be stripped away. It is once again time to start building a Real Estate portfolio.

Over the next few months we will talk about how the past 30 years the Real Estate market place has gotten out of whack. Right now let’s just concentrate on some basics, like getting a bank loan, and making offers. Remember the bank is the enemy. We are only looking at owning property free, and clear. We use the bank’s money, but get it paid off as quickly as possible.

In future posts we will talk about buying properties of value, pricing them correctly, and making offers. It’s going to take a lot of offer, time, and patience to buy well this year, but it will get easier.

As always, your situation in unique. You can always contact me using the link on the first page.

About David Losh

In 1984 I got my Real Estate license and worked in a small company called Advance Properties. The owner was extremely interested in Real Estate, building, and land development. Most of his work was concentrated North of Seattle. Since the 1970s I had worked for Real Estate agents in Seattle as a contractor, mostly preparing properties for rent, and sale. After a few years my skill level increased considerably concerning land use, building code, and development practices. Escrow, and lending offices were housed at the Advance Properties building so it was easy to get involved in all aspects of Real Estate. It was very much a family owned, and operated business. Over the years my Real Estate license has been at a variety of Real Estate companies, and offices. Nothing compares to those early years, or that sense of family. Real Estate has gotten to be corporate owned. My hope with this blog is to share with you some of the things I've learned. If you have Real Estate needs, or want contractor help, I refer freely to what best suits you. If you should choose to work with me you'll find a great resource. My Real Estate license is at Skyline Properties in Northgate. Skyline is a locally owned company that is a desk fee office. There is a wide variety of diverse agents. It helps me with some of the other projects that I have, and mentoring that I do, to be able to work with people from other cultures. Here in Seattle we are close to Vancouver BC and are the gateway to China. Boeing has a great trade relationship with China, as does Microsoft have with all of Asia. We are a culturally diverse community, and it helps me to be invlolved.
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