Thursday, October 14, 2010

Robert Abalos Saves Homebuyer $350,000

Here is an email received from Phoenix, Arizona.  It is unedited and published with the consent of the writer.

Mr. Abalos:

My husband and I wanted to thank you for your advice on our recent house purchase and remodel.  According to the estimates we have now you saved us about $350,000.  We would have borrowed much more to buy our home and dip into our savings to do it.

We can't thank you enough.  God bless you.

Pablo and Maria Espinoza

And what was my advice to this lovely couple?

1.  Don't buy more home than you can afford.
2.  A home is not an investment.  It is a place to live, not an asset that puts money in your pocket every month.
3.  Don't put high end amenities in a low end, bread-and-butter home.

Simple advice.  Very effective.