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.