real estate: Key to Success...Passion - 12/19/08 05:42 AM
If you interview a number of really successful people, you will find a common thread to the reason for their success.  That common thread is passion. 
Successful people are driven by passion for their career.  Notice the choice of the word career, not job.  These people do not view their profession as a job, but as a career.  To most, the connotation of the word job is a where they have to go a set number of hours each day to make just enough money to survive.  A job does not evoke passion.
Conversely, successful people feel a real passion for … (3 comments)

real estate: What the heck am I doing? - 12/08/08 05:16 AM
I'm sure you have all heard the old quote, "to get what you have never had, you must do what you have never done."  It's probably never been more appropriate than now.
I'm constantly amazed when people talk about not having business.  When questioned about what they are doing to drive business the response is usually aomething along the lines of, "I'm doing the same things I've always done."  Sure, the economic times are making it tougher on all of us.  But maybe we should be looking at our daily activities more closely now than ever.  The same old things are … (0 comments)

real estate: Credit Crunch - 12/03/08 03:17 AM
There is a lot of speculation that the credit crunch is going to tighten further.  I'm already seeing it in the mortgage industry.  Credit scores are dropping.
People with good credit are beginning to be affected.  The credit companies are tightening their requirements in general.  The biggest problems I am seeing is that available balances on credit lines and credit cards are being reduced.
As the gap between available credit and outstanding balances close, scores are being adversely affected.  It is making it appear that borrowers are maxed out on their credit cards and lines of credit. It is not just the … (3 comments)

real estate: Death of the Mortgage Broker? - 12/03/08 12:09 AM
Mortgage brokers are becoming a dying breed.  Across the nation, mortgage brokers are finding it more and more difficult to survive.  During the beginning of the mortgage industry debacle, many of the problems within the industry were laid at the brokers' feet.  Commonly cited reasons for the meltdown were exorbitant fees, higher interest rates than necessary and putting borrowers in homes they could not afford.
In the vast majority of cases, these claims were unfounded.  As the mortgage crisis has continued, it has become pretty clear that the brokers are not the ones to blame.  It was not the broker that … (7 comments)

real estate: Thanksgiving! A time to be thankful! - 11/25/08 01:07 AM
I guess it might be pretty easy to be less than enthusiastic this Thanksgiving.  Things in the real estate and mortgage worlds have not been easy.  However,  I  am very thankful!  All of my children and their families will join us for our Thanksgiving meal.  I'll get to see my beautiful grand children and see the unconditional love they have for me in their eyes.  Me, with grand children?  How can that be?  Shouldn't my own children still be babies themselves?  Where did the time go?
My wife, though tired from all the preparations and cooking, will be thrilled.  Our family … (0 comments)

real estate: Quote of the day - 11/23/08 11:42 PM
"Courage means to keep working a relationship, to continue seeking solutions to difficult problems, and to stay focused during stressful periods." - Denis Waitley

real estate: 5 Things - 11/21/08 04:05 AM
I'm sure you all know the things you need to do to be succesful.  I wanted to share a few things that help me.  Whether your field is real estate or mortgages, the principals are really the same.
1. Spend a few minutes every day in personal development.  Take the time for yourself to improve your mind, your health, your business acumen or maybe just your attitude.  You owe it to yourself to be the best you can be.
2. Meditate and visualize.  It only takes a few minutes and really helps develope a positive attitude.  Keep your goals in front … (0 comments)

real estate: Quote of the day - 11/20/08 11:14 PM
As I was preparing to send out my non-conforming rate sheet this morning, I was going through the multitude of quotes I scan every morning.  I always try to find something that is meaningful and uplifting.  I came across one that seems to fit the "times" in which we find ourselves.
"Bear in mind, if you are going to amount to anything, that your success does not depend upon the brilliancy and the impetuosity with which you take hold, but upon the ever lasting and sanctified buldoggedness with which you hang on after you have taken hold." Dr. A. B. Meldrum

real estate: POWER OF POSITIVES - 11/20/08 03:30 AM
It's so easy for us to get caught up in all the negatives with which the medai constantly bombards us.  I've made up my mind that I am going to do my very best to focus on positives. 
Out words are so powerful.  For many of us, our primary sources of conversation are via the telephone or e-mail.  It's been pretty surprising to me just how often I'm negative in my conversations.  Too many no I can't do that, no that won't work for this loan program, or "you're borrower has a (fill in the blank) credit score and you want … (8 comments)

real estate: Writing Your Goals - 11/19/08 05:18 AM
Like many of you, I have heard over the years how important it is to write your goals.  I've done it several times.  Looking back, it amazes me how much more successful I've been during the times I've actually written my goals down.  I think we all have some idea of what our goals are...somewhere in the recesses of our mind we "think" we know what we want.  Over the past few weeks I've been very introspective about my goals.  I've actually taken the time to write them down and make sure I keep them in focus.
Like me, I'm sure … (0 comments)

real estate: Mortgage Trends - 11/19/08 01:11 AM
What is going on in this crazy market?  It seems that it is getting harder and harder to find borrower's that actually qualify for a loan.  I quess we were all a little spoiled over the past few years.  The market was good.  There were loan programs available that virtually anyone could be approved for.  That's all changed.  It seems that there is plenty of blame to go around for the weak economy.  It appears that this down turn in the market is going to last a while.  I quess the real question is...what do we all do to survive?
I … (4 comments)

real estate: real estate blog business opportunity to supplement income - 11/18/08 08:08 AM
Like many in our industry, I have looked at ways to supplement my income during the slow times.  The internet can make a lot of opportunities sound so good.  I spent a good bit of time exploring, searching for something.  I realized I had to define my goals clearly.  I wasn't looking for one of those deals where for only $29.99 I could make $2000/week in my spare time.  I guess I've been around too long to fall for that.  Any business, whether a brick and mortar or internet based, requires an investment...both time and money.  I spent a lot of … (0 comments)


Dan Chambless

Hoover, AL

More about me…

Capstone Mortgage, Inc.

Address: 212 Business Center Drive, Birmingham, AL, 35244

Office: (205) 987-3431

Fax: (866) 530-9750



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