We had asked for a closing date June 15 and the sellers came back saying that they only wanted to do 90 days (March). We responded that we could probably swing May 15. They came back wanting to know why we want to delay. This is the response Britton and I sent them:

 Well we have a few reasons.  We are trying to leave enough time to gather our financial resources, secure vacation time from our jobs to travel to PR to close as well as contact a lawyer who can verify and check the title work, surveys, and inspections for us.  We know that this takes some time because we have tried to buy a house in Puerto Rico before and we uncovered some title issues which caused the closing date to be continually pushed out. 

 We want to give ample time for this process plus we have to coordinate everything from Colorado which makes it a little more difficult.

 I want to let the sellers know that we are very serious about purchasing the property at the proposed price and time.  I hope we can come to an agreement that will please everyone involved. 

 I think we laid it out just about as clearly as possible. The only thing we didn’t suggest was that lowering the price could possibly make this happen more quickly. We didn’t want to go back two steps– to negotiating price again. So we waited…and yesterday we received the response back:

     Hi Britton,

      I spoke to the sellers, they have agreed to the terms, we will go

     thru with the deal, hope everything will go o.k..

       We will draw up the contract, please let me know if we can e-mail

     you the  contract or have it faxed.

So…it sounds like we are buying this property in May! Hooray! Well, we can’t get too excited yet. There is still a lot of work to do and as we mentioned in the email to her if any of those things goes wrong, it could push the date out. It is not exactly like buying property in the states even though I am glad this isn’t my first house-buying ‘rodeo’ or I’d be even more freaked out.  

But, this is a huge step! The compromise has been accepted!

Soon we will be hanging out in the jungle in our hammock