The message is simple:  do not place your home on the market unless you unequivocally have to sell.  It will take a great price, great condition and plenty of time to sell.  So, price according to the market and the comparable sales and escrow data.  Make every attempt to offer a home in nothing less than excellent condition.  Be ready for the sales process to take six months or more, or price it accordingly for a quicker sale if necessary.  The stimulus package will help demand, but we will remain in a buyer's market.  Given last month's demand, there are still 13,691 sellers who will not be successful in selling their homes over the course of the next month.  There is a lot of competition, which includes sellers who are upside down on their loans and bank foreclosures who don't have a choice and MUST sell.

 
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Garry Loss

Laguna Beach, CA

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The OC Coastal Group

Address: 33522 Niguel Road, Monarch Beach, CA, 92629

Office Phone: (888) 622-8439

Cell Phone: (949) 235-3474

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