As we prepare to return to the US we have decided that this is the best time for us to sell our Guam condo. I put together a blog posting to show it last week. Then on Wednesday night at about 11 p.m. I put the FSBO sign out. At about 9:30 a.m., Thursday I had a phone call from someone that wanted to see it. I showed the condo 45 minutes later and the woman said she wanted to buy it.
W
e made an appointment with the title company for today, just to make sure that we had the contract filled out correctly and to open the account for the transaction. And then this afternoon we signed a sales contract. The buyer is pre-approved for a USDA RD loan. Now we need President Obama to release the money to the USDA rural development people so they can release it to the bank. Apparently this is not "stimulus" money but a regular program. The funds were supposed to be released in October but now the expected date is the end of March.
Of course, you never consider a deal like this done until the money is in our bank. There are so many hic-ups that can occur in the process. But we're optimistic and we like the buyer (she seems very easy to work with). We can see that this would be a great place for her family.
That's our little Toyota Corolla sitting in front of our ground floor unit.
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