ERA Summer Wine Down was a huge success!

Thank you to everyone that supported our annual charity event for MDA! The night was great and we were able to raise $6500 to donate to MDA local families! Thanks again, we truly appreciate it and we look forward to seeing you next year.

Fixed-rate mortgage or ARM? How do you choose?

Where you are getting ready to purchase a home there is always a decision to be made on what type of loan will be best for your situation. With the proliferation of Adjustable Rate Mortgages or ARMs in the past 5 years, the Federal Reserve has posted a tool on it's website to help buyers compare the short AND long term costs of both types of funding.

I checked this tool out and it works pretty well. Make sure you have your propesed rates from your lender before you sit down to use this. You can also just make up rates or use current market rates if you want. The tool does make you enter a "projected" adjustment on your ARM after the initial period. That is, how many percentage points do you think interest rates will go up or down during the "fixed" period. I used +1% & +2% as tests. I did not use a negative percentage because I don't expect interest rates to go down too much.

If you are looking into financing currently, you may want to check this tool out. Maybe you could have your mortgage advisor go through it with you as a way to help decide what option fits the best!

Here is the link to the Mortgage Comparison Calculator on the Federal Reserve website:

https://www.federalreserve.gov/apps/mortcalc/

It's time for the 2nd Annual ERA Reardon Summer Wine Down!

Once again it's time for us to host our yearly MDA fundraiser! With your help last year we raised over $5,000 for local MDA charities. We plan on raising even more this year! Here are the details:

August 23rd, 2007
5:00 - 7:30 PM
Bella Notte Ristorante, 3rd floor

Appetizers, wine tasting, live music, silent auction & more!
Tickets are $25 each

You can purchase tickets by calling Matt at 517-782-2996, email him at matthew.mansfield@era.com OR just reply to this post and leave your contact information!

We are also looking for item donations for our silent auction, so if you or your company could donate an item that would be great! Call Matt if you can help.

Thanks for your continued support of our charity events!

2007 Relay For Life is a huge success for Team ERA!

This weekend, Team ERA participated in the Jackson Realy For Life. This is our 14th year participating in the event, and we were able to raise over $4000 for the American Cancer Society! We all had a great time walking and seeing friends from past years. A special thanks to anyone who helped us to reach our goals this year! We appreciate your support.