Jeff and I have had a backup offer on a house in Plymouth (pictured above) for quite some time. To make a long story short, the the listing agent on this home called our real estate agent this week. Apparently, an investor is buying the home and wants to turn around and sell it ASAP. The listing agent forwarded our offer to the investor and his intention is to sell the house to us as soon as he buys it. So, basically he is looking to make a quick buck.
I really hope and pray to God that all goes according to plan. I know she doesn't look like much, but with some modest upgrades/improvements and a little bit of elbow grease, I think Jeff and I can make this little gem shine like the top of the Chrysler building! (Is the Chrysler building still shining?) We have been hunting for the perfect house for almost two years now. Please say some prayers that our search has come to an end and we get this house!
On another note...I would like to give mad props to Uncle Sam. In 2008, there was a $7,500 tax credit for first time home buyers. However, BIG catch...you have to pay it back. In essence, this is an interest free loan from the government. This year, first time home buyers will receive an $8,000 tax credit...AND you do not have to pay it back. Giddy up. CATCH - there is always a catch...you have to live in the home for at least three years. Whatev, I am taking my $8k and running with it!