Birthday
July 19th, 2007
Today is my birthday. I can’t remember exactly when but I happened to see an interview (can’t remember with who) where the person being interviewed said,” if you have not started your life’s work by the time you reach forty, you probably won’t.” I agreed with what the person was saying and had hoped to complete certain goals before turning 40:
Closing on the Palmetto Guesthouse
June 22nd, 2007
You may have noticed from the brief [June 20] post below, it is now official, as of June 20, 2007 we own the Palmetto Guesthouse on Culebra. Remember, this post ONLY discusses the closing, so as you read through and get near the end of the day and you see how we have to race around keep in mind that we have had NINE months of this. Also, although I make light of the situation below this purchase would have never have happened if it was not for the efforts of our attorney, Ignacio, Sara at Metro Island Mortgage, Joe, and Sandra Wagner of Blue Horizon Realty who stuck with us when most other realtors would have been laughing at us. If you are looking to buy on Culebra we highly recommend her. Post starts now.
We Own The Palmetto Guesthouse
June 20th, 2007
After a very long day which started at 4:00a.m. Terrie and I finally own the boutique lodging on Culebra know as the Palmetto Guesthouse. It seems really strange and somewhat surreal to think that we are now homeowners and business owners, or business owners and homeowners, depending on how you choose to look at it. However, when I catch a glimpse of the monthly mortgage and hazard insurance payments, I get snapped back to reality very quickly.
Closing Date - Palmetto Culebra Purchase
June 15th, 2007
Terrie and I have been informed that the closing will take place next Wednesday June 20 at 11:00am in San Juan, PR.
Settlement Agreement
June 14th, 2007
After many months of trials and tribulations, false approvals, bad appraisals, and a lack of (what we deem) discernable progress, Terrie and I are so near to closing on the property in Culebra that it’s driving us mad. We received the settlement statement from the mortgage broker on Wednesday but some of the charges are a little high. Right now, at this very moment we are going back and forth with them via email trying to get the origination fee reduced, so we will see how it goes.
Palmetto Guesthouse - Purchase Approved
June 11th, 2007
Quite possibly one of the best emails I have ever received:
Major Frustration
June 9th, 2007
We now have to wait until Monday to see if we will be approved…
Frustration
June 8th, 2007
Of course, we never got an answer yesterday! So we continue to wait and have just received this email from the loan officer: