No MORE SHORT SALES in San Diego County???

"No More Short Sales in North San Diego County for Homeowners???"

I have received this phone call at least 3 times in the last couple of weeks. The short answer is this isn't true.

San Diego Homeowners have heard this bantered around on the National and San Diego news, but the television is referring to Short Selling 'Stocks', not Short Sales in Real Estate.

A Short Sale or Short Pay in Real Estate refers to the sale price is "Short" for what is owed.

Short Sales in North San Diego, and all of San Diego will be a large part of the San Diego real estate market until at least 2010. At least 50% of the homeowners will be upside down on their homes (in terms of equity) before 2010.

Whether you want to buy, invest or sell; you must understand Short Sales!!! They affect all transactions and price, just as foreclosures do.

For more information on Short Sales in North San Diego call me and we can discuss your situation.

All the best
Marc

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Don't just SURVIVE this market, THRIVE in this market! Go to: http://www.MarcVonMusser.com

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