NEW YORK (CNNMoney) — Mortgage rates sunk to record lows again this week. The average rate on the 30-year fixed mortgage fell to 3.94%, matching the all-time low hit in early October, according to Freddie Mac’s weekly mortgage rate survey. Meanwhile, 15-year fixed-rate loans hit a new record low of 3.21%, surpassing the record set...

1.  The number one thing you should remember is to not be afraid. Being afraid to invest or get involved with real estate might cause you to miss great opportunities. 2. When you are selling your property, make sure that you clean, and prepare the property for showings and for someone else to purchase it. 3....

  Today’s buyers are looking for turnkey homes. That is, they want to move right in without having to do a lot of work. Buyers with busy lifestyles pay a premium for listings that are in prime condition. Staging can make the difference between a listing selling or not, the time it takes to sell,...

Homebuyers, beware. In exchange for a two-month tax cut, the Senate on Saturday approved a permanent increase in fees attached to mortgages backed by Fannie Mae, Freddie Mac and the Federal Housing Administration (FHA). The fee hike would apply to new mortgages and new refinances, and would last for the life of the loans. The...

Article From: msnbc.msn.com By: Derek Kravitz WASHINGTON — The average rate on the 30-year fixed mortgage fell back down to 3.94 percent, the record low set earlier in the fall. Low rates offer a historic opportunity for those who can afford to buy or refinance. Still, few people are able to take advantage of the record-low rates or...

Finding a property in a good location will help to achieve a better price when sold. The amount of money (or return) you receive from your property will depend on the condition and location of your property Advertise yourself and your services. Market your property online, through newspapers, and through street marketing. When making an...

 When you are looking to remodel your home, research the construction companies you are looking to hire. You want to make sure you are getting the best price for your project, and that the company you choose is reputable.  A great way to save some money is to try to do small renovations by yourself....

Article From: www.msnbc.com WASHINGTON, DC — Commercial real estate markets have been relatively flat this year, but improving fundamentals mean a more positive trend is expected in 2012, according to the National Association of Realtors®. Lawrence Yun, NAR chief economist, said there is little change in most of the commercial market sectors. “Vacancy rates are flat, leasing...

Article From: www.realestate.msn.com By: Marcie Geffner Most homebuyers sign real-estate purchase contracts in good faith, but sometimes not even the best of intentions can ensure the deal will close. If the home purchase “falls out,” a buyer might wonder how that will affect his ability to buy another property from a different seller. For most...

 When you are thinking of selling/buying a house, just know that you are not alone. If you need help or guidance, try searching online for forums, or contact a local real estate agent who can give you some tips & pointers. Remember that there is already a presumption that bank owned properties sell way under...