Category Archives: Moving

Impulso Vivienda Puerto Rico Housing Stimulus

I’ve heard about the new law, the Impulso a la Vivienda or Puerto Rico Housing Stimulus, that Governor Fortuño recently passed. Basically it sounds like they are trying to spur growth in the housing sector by encouraging more construction and more sales of existing houses. It seems the thinking is similar to the U.S. mainland use of the tax credits to spur more home buying.

I am not sure how much CRIM, sellos y estampillas (property taxes, seals and stamps) normally cost, but it sounds like with this program they will be waived for a period of 5 years if you buy a house between September 1, 2010 and June 30, 2011! 

We’ve received conflicting information about property taxes in Puerto Rico and housing in general. It’s hard to find accurate information as every person we talk to has a different interpretation. Some people have even told us there is no property tax!? In any case, it sounds like good news for people like us who may buy a Puerto Rican house within this time period.

To read more about this new law check out this Caribbean Business article or this blog post.

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Our House: Looking Back on Life in Greeley

Our backyard is so peaceful. This is a picture looking back at it from the front. You can see Omelette the leghorn chicken, our flower garden, our greenhouse, our apple trees and birch trees. The sun is about to go down over the lake and the mountains.


Our serene backyard
After 7 years of living here in Greeley in this house, I think we have it -almost- just the way we like it. It’s crazy because I remember when we first moved to this house. Schnoodle was sitting on my lap as we drove away in Britton’s parent’s old van with a van-full of my things from my parent’s house in Nunn. We slept on the floor that first night because we were too tired to put anything together. And all the sounds of the house scared me. I was nervous. I was 22. Britton and I had bought a house!

And what a house! It had no grass, no plants, no fence, no sprinkler system, no A/C, no greenhouse, an unfinished basement, and it didn’t even have window coverings or light bulbs (it was a foreclosure)!

So we did a LOT of work. We spent a lot of time and money on this house to make it just how we wanted. A backyard for Schnoodle and Kitty (and then the chickens) was accomplished after putting in a sprinkler system, installing grass and other landscaping, and putting up a fence. We put in the A/C the second year we were here after a 100 degree summer of 2003.

Finishing the basement was fun because we designed it all ourselves. I wanted something warm and bright where we could entertain friends. To accomplish that we put in a fireplace and a wet bar. At the time we thought we might do a sauna, but the fireplace won. I think it was the better choice -although a sauna would rock! To see some before and afters of our basement you can check this out.

This house has a lot of memories for us. We love it because we are on the edges of town and so it feels like we are in the country but we have all the benefits of the city like riding our bikes downtown, walking to parks, doing fun things. My favorite thing? The Colorado sunsets in the summer. What would I change? I would love to get a little more land so we could garden more and have some more animals (chickens, goats, bees). I would like to do more landscaping around the edges of the backyard. I would like a bigger garden. (See I told you I always have projects).

As for things I probably can’t change but wish I could? I wish it didn’t have an HOA even though Britton’s the president of it. Well, and of course I wish we didn’t have such cold winters. That and the fact that we’ve lived in the Greeley area our whole lives (and all that entails) are really the main reasons we would ever leave.

It’s pretty nice to be able to look back and realize that we’ve done a whole heck of a lot in this last decade. This house of ours will always be a part of us no matter where we go. I’ve only lived in three houses my entire life so far. And this little house of mine is my home. We are in a unique time right now. A time of waiting and deciding our future. It is nice to have time for reflection and processing to help clarify our vision of the future. The future is hard to see, but I know that anywhere else (Puerto Rico) I live will bring with it a little piece of my life here in Greeley and with it, my lessons from my first home with my sweet husband.

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Some Semblance of a (Slow and Steady) Plan

Britton and I have been having a lot of hardcore discussions that get to the heart of “what do we want to do with our lives?” Then we laugh and think, do other people have these strange conversations as often as we do? I have no idea, but I know that we’ve been having them a lot lately.

While our plans and ideas can change on a dime if an opportunity pops up (like a property with acreage in Colorado or a smokin’ deal on another rental), we think we have some semblance of a plan. So here goes. I think we are going to stay in Colorado working and saving for as long as possible (with the uncertainty of my job, that is one of the unknowns) until we have saved up enough to pay off another of our rental properties. At that point we believe we will be more financially secure. With all the news coming out of Puerto Rico talking about lack of employment and the consolidation of most of their banks into Banco Popular we think this would be wise. Plus, if everything, including housing prices, drop through the floor in Puerto Rico we’ll be better poised to  jump on those opportunities.

So we’re not sure still on the exact ETA, but we do have an exact number in our head of how much we need to save up. And in this lanscape of unknowns, something exact is comforting.

We are getting another roommate here in Colorado and we really think we could make something similar (like a guesthouse) in Puerto Rico work out once we have our safety net of outside income locked in. We like meeting new people and know how to run rentals, so we think this would be ideal. Heck, if we can get people that want to live with us in Greeley of all places, you’d think Caribbean paradise would be a snap! So, onward and upward we go. Slow and steady and all that.

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Puerto Rico Dreaming and Plans

Before we left for Puerto Rico almost a month ago already, Britton and I thought for sure we would come back with answers and a definite path. Unfortunately, we just have more questions than answers. No one at work knows what will happen after August. I’ve put my resume out there to a few places both here in Colorado and Puerto Rico but haven’t really heard back. Britton hasn’t heard too much about working remote in Puerto Rico even though I know he’d do great at that.

We are just kind of stuck. I am beginning to think maybe the larger place in Puerto Rico could work as a business/home, but we would still like a backup plan for income. If I didn’t lose my job in August and we worked for another 6-8 months we would be in better shape for that. We really just don’t know. And it’s frustrating. Because I like to move forward. I like to be busy and dream and make plans. And it is difficult when it could go any way, really. We could stay or go. We could go somewhere else. We made this video before we left, but it could just as easily be made today for all it’s helped us in our decision making process.

But I have to remember that I’ve been in this place before. It is not unusual. I didn’t know what to do after college, or after grad school, or after getting married. I worried about where my life was going. Sometimes I think you just got to keep trying but not worry so much. Things tend to work out as they should. My life has been great so far and with Britton in it, it has become even better. We balance each other. He pulls me down to earth when my head gets too lost in the clouds, and I pull him up when he is weighed down by the pressures of the “real world”. I think, and he helps to do. I think every team needs a little of both. A thinker and a doer. And a doer who occasionally does the thinking and a thinker who occasionally does the doing. A dreamer and a practical realist We are a team and I think in that way we don’t really have to worry too much. We will be just fine. Wherever this journey called life takes us.

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