Jul

23

Yes, i am buying a 1.5 meter wide house in Iquitos, Peru attached to a 6 meter wide one that as one form a duplex with the owner´s home. Here´s what happened. The owner and I shook hands today on the 6 meter wide house of bricks when Jorge the great paper man piped, ´according to the title your deceased wife is the only one who can sell half the house.´ We swatted flies on that for a while until I suggested a wall be built down the middle of his side of the existing duplex. i.e. years ago a single grand house had been divided but not down the middle. Due to this technicality the widowed owner at present cannot sell the casa I want, nor his own, nor even the entire property. His dead wife owns half of it. My suggestion to build a new wall down the middle of his home where he´ll continue to live in rich economy was whooped as the problem solver. He pockets another $500 for the addition but must build the wall that provides me with another 1.3 meters wide and 6 meters long house. The title is clean, my purchase is $2000 and jorge says it´s worth $15,000. Everyone is smiling and I have a guest house for a thin person.

Alex Castaldo jokes:

Sounds like a garbled situation right out of a Hernando de Soto book.  You have clean title, but the other guy doesn't. What would happen if you made a lowball offer for the other half of the house to the wife's estate and it was accepted? Ask your lawyer.

Bo Keely elaborates:

Home sweet home is located in the iquitos suburbs, or what passes as such for a jungle town. iquitos is a steamy jungle port set on two rivers. One paved road courses a few km out of town into the green, and my place sits at km9 on a dirt road. My neighbors are the ghost of the dead widow in the 1.5 meter casa, and the next door owner. There´s electricity at $4 per month and a new well 30' from the front door. It´s a brick house, costly and fashionable in this neck that´s on a relative par value with your Orange County bungalow. The floor is rare concrete and it has a tin roof that´s a step up from the traditional thatch. The former owner and my new neighbor works as a property guard all night and returns home to work construction, sleeps two hours, and goes to the night job. He´s 72 yrs. old, and likewise the other few neighbors are simple. The backyard has a latrine and wading pool for mosquitoes, plus i´ve arranged during a recent boat tour gathering solderers´ lead droppings for my ankle weights to buy scrap metal to solder into a 3-meter cube for backyard safekeeping as i travel. A 33cent bus runs every couple hours to central iquitos and the internet.

Gringos say it was dumb luck to buy a $15,000 home for $2,000 in one day, however here´s the house hunting technique I used. The previous day I hired a motorcycle-taxi who knew the areas i wanted to reconnoiter. The taxi stopped 100 meters from ´for sale´ signs where i stayed low as the driver knocked on doors to ask two key questions: title and price. Once a gringo is spotted the price triples. We viewed about 200 and walked through 20 houses for sale by individual owners, and typically the neighbors beleaguered me offering their own homes for sale matching the ´for sale´price. It was as delightful search for a jungle nook, home sweet home, that anyone may relive.


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