Friday, July 24, 2009

Mortgages Rates Volatile

Mortgage rates continue to be volatile and unpredictable. The best rates are for the shortest terms. A 10 year mortgage is available in the low 4s and a 30 year mortgage is available in the 5s.

Property condition on the sale is becoming increasingly scrutinized by lenders. If you are thinking of selling make sure your property shows well. Paint, remove clutter, have proper drainage with good grading, gutters and downspouts and fix any possible potential safety or code issue.

It does not matter whether the property you are purchasing or selling is $2 million or $50,000 the goal is to have a smooth sale and no issues. If you would like a free copy of our special report, "33 Ways To Sell Your Home Fast," ask for it.

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