Well the stock market has added to Michigan's woes. Many people have been slammed by falling house prices. For many people their homes were their biggest asset. Michigan home values have fallen as much as 20% in some areas. Along with their 401k and mutual funds it has struck people hard.
Now is the time to buckle down and get down to financial basics. Have you gone through your expenses lately? Do you have extra features on the phone such as call waiting, call forwarding, caller id that you could do without? Can you survive on just basic cable? Have you checked prices on your car and home insurance? A friend of mine Bill Tuccini once told me that his dad used to say " take care of the pennies the dollars will take care of themselves".
Cut up the extra credit cards and live within your means. buy what you can afford. Don't use that home equity for nothing. Change it over into a fixed loan. Start paying down your mortgage.
If you are thinking of moving go to http://www.checkmyhousesvalue.comw/ have a great day.
Russ Ravary picture
About Me
- Russ Ravary
- I am with Keller Williams and my cell phone number is (313)310-9855. I grew up in Allen Park and spent some time in different states around the country after I turned 18. I have been a Livonia resident for 17 years now. I am widower and just recently lost my wife Marianne to breast cancer survivor after a 21 year battle. She was a great lady. Working hard to get something done is second nature to me. One fellow worker always tells the story of during the refi boom he called the office at 10pm on Sunday night. I answered the phone. We were swamped and I wanted to make sure everything all my clients files were on target to close. I was doing what it took to get them closed. That's the way I was taught. I also believe that you have to give back, to help people... somehow make this world a better place. To treat people and clients good like they treat you and better. I try to help people get the home they want at a good price.
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