Contract: Signed, Sealed, Delivered

Well, not quite, but the contract to buy the house in Puerto Rico  is signed and ready to be sent off tomorrow. We were feeling some last minute cold feet, but I think we’re through it now. We got reinvigorated and are ready to do this! It is so scary because it is not exactly the most rational thing in the world, but hopefully will be one of those adventures in our lives that we will always wonder why we waited so long to do.


El contrato

From what I hear, it’s kind of like having kids. They are definitely not the rational thing to do (take a lot of work, cost a lot of money, make you worry a lot) but ultimately you couldn’t think of your life without them in it. So, hopefully that’s what this will be like to us: an irrational but fun kid. 😉

The contract was all in Spanish, so I translated it and it looks very basic. It’s just a contract to buy that sets the price we agreed upon as well as our closing date. It has all of our names and the physical description and location of the house (three bedrooms, two baths on 11.5 acres).  Interestingly, in Puerto Rico, rarely does anyone have an actual address…which is the case with this place. It’s just the km marker on the road it lies on.


The check

We also have included the earnest money check…but at least it’s only 1 %. Those are always hard to part with on all of our deals because you always wonder if something goes wrong if you’ll get that back. But it’s for good faith in the deal…keeps your feet warm I suppose.

What do you think of this post?
  • WOW (0)
  • Awesome (0)
  • Interesting (0)
  • Useful (0)
  • Bummer (0)
  • Whoa (0)

8 thoughts on “Contract: Signed, Sealed, Delivered

  1. katrinakruse

    Start putting all your music on MP3 players, get your library on Kindle (books mold and get stinky), store photos with someone where you are now (they mold and get sticky) and start parting with stuff for the big move! Think about all the chickens that will be here waiting for you! And all the ones you can add to the mix. Our firend David has a son who has 4 foot tall chickens! Congrats again…

    Reply
  2. Joao

    Interestingly, in Puerto Rico, rarely does anyone have an actual address…

    Only if the property is in the middle of nowhere. Houses in city/town neighborhoods as well as in subdivisions have addresses.

    Reply
  3. Cassie Post author

    Katrina,
    Yah we have moved almost all our music over exclusively onto computers. We don’t have Kindle or Nook yet, but that might be a good idea. Our local library lets you upload them for free too! We have been working on scaling down a lot. We hardly have anything left except the furniture and clothing. Four foot tall chickens! Wow! I want to see that! Is it like Jurassic Park??! lol

    Any- This is just the preliminary contract to get the process going, so it is not necessary. But we are going to hire one shortly to look over the title, plot plan, etc.

    Joao- Most of the addresses I’ve seen for houses listed on clasificadosonline.com don’t have traditional addresses even in the towns. But maybe it’s different in the San Juan and other metro areas.

    Reply
  4. Cassie

    Joao,
    Could it be because we were mostly searching out places with a little bit of land (unas cuerdas)? Here in Colorado, if people live out in the country they still have a number on the house, but they have a county road listed instead of a street name/number (like WCR 36 or something). How long have you lived in San Germán?

    Reply
  5. Fran and Steve

    Good thing you are scaling down. We are scaling down too, only taking about half our furniture, with the rest being personal items we don’t want to part with. For Steve, books have been the hardest to leave; for me it’s clothing/shoes. It’s also been hard to part with CDs and DVD movies, so we haven’t even tackled those yet. Even so, our move from CA to PR with Rosa Del Monte is going to be over $16,000 because we need a 40 ft. container. Yeah, that’s rough. As far as addresses go, in PR only in the country do you use kilometer markings as addresses. Most PR homes have street addresses. I’ve only seen kilometer markings when the home is on a “state” (PR) road, which would usually be in the country (“el campo”).–Fran

    Reply
  6. Rosa

    So happy for you Cassie and Britton, can’t wait to see you there one day! Enjoy the ride with all it’s ups and downs!
    Many hugs!

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *