Wednesday, March 26, 2008
Waiting for news from the bank
We were hoping to fund our build project without the need for a loan. However, the sale of our townhouse in Turks & Caicos fell through. We spent 3 months reading emails from our buyer of how close he was to signing the papers and transferring the deposit. Of course, when d-day finally arrived - about the third one - he pulled out. We now hear he has bought the empty plot of land next to us and is going to build a replica of ours. That's the way it goes in property purchasing - you always think you can buy land and build cheaper - which of course you can if you can stand the hassle of doing it yourself. Anyway, we are now the proud owners of a lovely house in Dominica but to complete our complex (I've always wanted to be on the Grand Designs show) we now have to complete the railings, landscaping, The Shack (ask my husband) and the swimming pool. The loan paperwork has all been sent to the National Bank of Dominca and we wait in anticipation now for their answer.