Timing is Everything

These are unusual times, but with all the doom and gloom there is a silver lining. The timing has never been better to purchase a home or an investment property. You will get a great buy. Real estate prices have already dropped 25% and we may see another 5% drop before we bottom-out. If you have been thinking about purchasing a home or an investment property then now is the time to start shopping.

Click for  Conforming Rates or Jumbo Rates 

The Good News

It is a Buyer's market and mortgage rates are extremely attractive. Prices are dropping and sellers are motivate to make a deal. Don't be afraid to make an intial offer that is substantially below the Listing Price. 

Check out ZILLOW.COM to see recent sales in your area

The Bad News

Financing has become more difficult. Being able to "fog a mirror" no longer qualifies you as a creditworthy borrower. In today's financial jungle, you need Capstone Mortgage Company more than ever to be your mortgage guide.

The Bottomline

If you follow the steps in this web site and our recommendations, then your real estate purchase will close in a timely and cost effective manner.