Signed Contract

We sent over the signed contract. They haven't signed it yet so we didn't put down our 10% deposit. Paulo is going to put down the first 10% and I will pay the closing 10%. We got our morgage based on 20% down. The contract has us closing next month on August 15. When it's time to close we will actually be paying three morgages. As soon as our kitchen is renovated and stuff moved to storage we will sell our NYC apartment. In September we will finish renovating our vacation house getting it ready to sell next March.

I hope this is the last fixer-upper property we will purchase. It's hard having expensive tastes with not enough money. I guess this is what makes America work.