June 6 - Closing on the lot!

Monday we closed on our lot!!!   Here in Honduras if you are not a resident you have to stay under .75 of an acre, or start a corporation if you want to buy something bigger.  Our lot is .70 so we are under the requirement for individuals.  If you use a realtor, you sign the closing documents at the Realtor office with the attorney who has drawn up the paperwork.  Closing costs are about 10%.  If you have a corporation, the closing costs are less.



 



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