Thursday, October 4, 2012

Selling and Buying Houses :)

We just bought my mom's house from her in Nov. last year. Due to the tax laws...if you sell before you own and live in it for 2 years...you have a big tax penalty to pay. We planned on staying here for a while anyhow. However, once we found out we were expecting twins, that was a whole new ballgame. There's an exemption on the tax penalty if you are pregnant with multiples :) So one day I was looking online at houses in Fulton and found the most perfect house listed. We immediately loved it and decided to have a realtor come look at our house to see what we could list it for. Needless to say it went up for sale and sold in less than 7 days. We were able to put our offer in on the new house and of course it was negotiated and then accepted! It's been quite the process let's just say. The end is finally near. We are supposed to close on both houses on October 12th. (Originally supposed to close Sept. 21st...funny). I am so excited to be closer to school, work, sports etc. I've been packing my house with my mom's help of course. Here's a picture of the house we bought!!! Can't wait to move in!

2 comments:

Jen said...

It's beautiful!

Marceline said...

why can't i be rich like yous?