Sunday, 7 December 2008

Crunch ...

What do you call 12 investment bankers at the bottom of the ocean? A good start.





Like everybody else, we haven't been able to avoid the effects of Le Crunch! But we are now conditioned against delays, frustrations and disappointments.

We simply keep bouncing back!

The plans continue in the background. The two extra specialist reports are almost complete. When they are, and when they've been paid for, we can peddle our complete begging bowl to the various lending organisations to see who is in a position to cough up. We are actually quite optimistic about the situation. We already own the property, so the collateral is secure. We aren't asking the lenders to give us the money to buy the property from scratch, we are asking them to fund the building project. If they are prepared to take the risk that they could be stuck with another property if things go TU, then we should be home and dry (pun intended)!

I should be able to post more on the progress in the next few weeks. Joana, our arquitecta, is excitedly impatient (or is that the other way around?), and is pushing this project as if it was her own house that she is building. She talks in positive terms like, "When you're living here, we can ..." Nice to be able to actually appreciate a professional that you've tasked with something you need done.

Until then, you will be served with a few more tales of past memories and some other bits about the pets.

But we'll try to make them as interesting a read as we can manage ...

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Here's a toast to your health.

"Lang May Yer Lumb Reek!"
(Scottish for 'long may your chimney smoke')

or if you prefer,

"Bottoms Up!"