Friday, January 15, 2010

Under contract

Yesterday we came to an agreement with the seller on price and terms. The property is now "under contract".

We have 30 days to perform a "feasibility study". I don't really know how this goes, but it includes things like finding out the costs of hookup to utilities, and asking the county about our plans.

In this case, we already have a septic permit, there's city water in the street, and electricity is also in the street. So it should go pretty smoothly.

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