s.> a SILVERMAN page 65 Want one? • • • • • Have one? Buzz Silverman uses technology to "predict" the future. Get this! We will help you get what you want with our Prime or Better home equity loans. Guaranteed. And for a limited time, you can get a 3-year fixed term loan at a low 8.25% APR*. So get what you want for what you need with the best home equity loan program around. Come in today or just call 1-800-OLD KENT. U_I OLD I(ENT LLI CC F- LU 1=1 LU 12r rek76 — Prime Rate" is the highest rate shown as the Prime Rate in the Money Rate Table of The Wall Street Journal. For home equity installment loans, Prime Rate will be determined at the time of the loan. The Prime-or-Better Loan is a 36-month, fixed-rate home equity loan. The current Annual Percentage Rate (APR) is 8.25%. To obtain this rate, you must have payments automatically deducted from a checking or savings account and must have an Old Kent Preference or OnLine Checking Account. The loan is payable in 36 equal monthly payments. For example, a $10,000 loan would require 36 payments of $314.51. Applies to 80% loan-to-value loans only. MEMBER FDIC 66 ©OLD KENT BANK 1997 Maryland. "It is definitely a cyclical busi- ness," said Mr. Silverman. "In- terest rates, jobs, the same things that have our market where it is today will at some point in the future have our mar- ket less successful. So you real- ly need to be thinking about more than one year or five years if you're a longevity-based real estate firm. You need to be mak- ing good decisions about where you're headed in the future. "We are thrilled beyond words to be major participants in Michigan's most successful econ- omy," said Mr. Silverman. "And I give a lot of credit to Gov. (John) Engler, and (Detroit) Mayor (Dennis) Archer, and all of the various municipal gov- ernments we do business with, for playing as a team in order to make Michigan a strong sur- vivor-type area. "And now, with all the jobs that have been created, there's an upward spiral that occurs with Michigan becoming very well perceived nationally. That begets more business, which cre- ates more jobs, which creates more momentum. "Getting a state economy on track is a big train to push down the rails. But once that thing is chunking, you can throw a log on the fire, and make the thing keep going for a long time," Mr. Silverman said. "My dad and the guys I know that are really the mavens around town in this business, happily say lately that they have never seen the economy this good in the state of Michigan in their entire careers." Once his appetite for the building industry was whetted by Grandpa Nathan, there was no derailing Buzz from his fu- ture calling. He started doing construction work as a summer laborer when he was 12 years old. "I worked every summer un- til I was 17, and after that, I worked as a leasing agent in some of my father's apartments in the summers." Mr. Silverman attended the University of Arizona and the University of California at Berkeley. Then he came home on a Christmas break and found that his divorced mother, Gerry Goodman, had opened a store at Wonderland Shopping Center in Livonia called Wells Cargo. "I came back from college, and I pulled into the parking lot at Wonderland Mall, and there are people standing outside the mall in a line and it is snowing. I walk in, and it is my mom's store that they're waiting in line to get into," Mr. Silverman recalled, still in awe. "Here's this little 3,000- square-foot store, just filled with china and glass and paper and boxes. My mother would unload a box and customers would take the merchandise right out of her hands. And my mom's running the cash register too. It is all un- believable to me. "I come over and say, 'Hi Mom,' and she gives me a kiss and says, 'Start wrapping.' And I started wrapping, and I never did go back to school," said Mr. Silverman. At the age of 22, Mr. Silverman became general manager of Wells Cargo, which eventually operat- ed seven stores. Today, only the Birmingham store remains, but