Thursday, October 14, 2010
I officially feel like the most spoiled 24 year old world ever.
It all started a month or two ago…..
My Aunt sent me an email with an idea. See my Uncle seems to enjoy buying houses, and he has the money for it. So with the market being so low they were thinking about investment properties. And they figured that instead of dealing with a renter that they didn’t know why not buy out near me then rent to me. They would even do rent to own with me if I decided I wanted to own the property after a few years.
This was pretty much ridiculously generous of them and since that initial email I have spent quite a good bit of time drooling over properties online.
Last week I finally started to visit some of the houses. I absolutely fell in love with one neighborhood which included two houses. So on Saturday my Aunt and Uncle traveled out here to view them. They’re both foreclosures that need some help. The first needed way way too much so was ruled out.
But supposedly my Uncle will be placing an offer on the second.
I am like so ridiculously excited about the prospect that the uncertainty is killing me now as I wait to hear what, if anything, is up.
And to top it all off, while they were here my Uncle said that he’s planning on only charging me what I’m currently paying in rent. Needless to say this had better cover all of his costs (mortgage, taxes, insurance). But I’m not completely certain that it will.
Seriously this is beyond generous of them!