My take on the current economic crisis

Hey Guys. I hope all of you had a great weekend. On Sunday pastor continued his series concerning 1 month to live. It was great! We have seen alot of great things happen in our group and in the church. If you have not had a chance to visit our church you need to give it one shot. Never before I have been around such caring and down to earth people. If you want to go to a place where you will be encouraged and a place where you can build character in your life and a place where you will not be judged on who you are, what sin you commit, or what clothes you wear, this is your place. Join us this Sunday!

The biggest question I have been asked lately is what my take is on the current economic crisis. If you are reading this expecting a highly educated response or some long drawn out conclusion I will probably let you down. All I know is the mortgage companies have given bad loans to people who had bad credit and no money down for the past 8 years or so. When you overlook the future potential of anything, good or bad, you neglect to see the results of your current decisions. When the banks gave away mortgages with exploding adjustable rates, they had to have known what the results would have been. They were looking to make a lot of money while they could. Like everything in life, real estate and economics are like roller coasters. They are cyclical. What goes up must come down and vice versa. It has been this way since the beginning of time. So I have basically resolved this issue in my way of thinking. Just because you are happy and you have a good paying job now doesn't mean that bad times will not come on you.

There are a couple of things I want to say about preparing for the future. First, if you have a great paying job now and it is secure, there may come a time when you are the one looking for a job and a new place to live. Make sure you are saving money for the bad times. Remember the roller coaster: there will undoubtedly be valleys in every area of your life. Second, if you place your trust in the Lord, and walk in faith and do your best to be a good manager with what you have been given, you will not have to worry so much during the "valley times." Give this current market a year or two. We may not ever go back to the boom we experienced in the early 2000's, but we will again live in good economic times.

Don't forget about Tuesday nights. 7p at my place. Everyone is invited. Have a great week.

Also be sure to check back this week. I will be posting a story about one of my favorite clients. A client who has seen the work of the Lord in his own real estate deal!!!