The day finally arrived when we could sign the paperwork and take ownership of our piece of land. We had already found & measured our lot and had been waiting for the surveyors to complete the required map. We did this crazy thing to pay the fee to get it approved & expedited. We put the needed $120 in an envelope, paid a “collectivo” taxi the $2 fair to Rivas, and sent the envelope of cash in a taxi to be delivered to surveyor’s office. I guess this is done all the time, but the process was very strange, and took some faith on our part.
We met at the attorney’s office at 2pm on a Thursday afternoon. Both parties did not fully trust the other. We were skeptical to wire the money before the seller signed and the seller didn’t want to sign before he received the wire. We worked it out that we wired at the attorney’s office and showed him the confirmation. We had previously wired a chunk of the money in our Solo 401k account to our personal bank account so that we could easily send a wire over the internet the day of. There were a couple hiccups like needing to have a SafePass account to wire an amount larger than $1k & not having a USA phone number, but a quick call to a responsible friend to see if I could use her number and she could send me the code made the process work out easily.
After a few minutes we showed a confirmation to the seller and then we stepped into the conference room where we were all read the whole real estate contract out loud. While in that room the seller and I received confirmation emails that the wire was sent, and the mood became much lighter. We paid a reasonable $520 attorney fee and drove back to San Juan del Sur with nervous & hopeful smiles.