Building a Business Empire with my Technological System

Chapter 365: Buying the House

Michael and Bridget had always been decisive when it came to major life decisions, and the purchase of their new home in Forbes Park was no exception. The visit on July 16th had confirmed what they both already suspected—this house was perfect for them. Now, it was time to turn that excitement into reality by navigating the buying process as efficiently as possible.

July 17th: The Offer

The very next day, on July 17th, Michael and Bridget sat down with their legal team to draft a formal offer for the property. They were both eager to move forward quickly, and after consulting with their lawyer, they agreed to offer the full asking price of ?750 million. Given the market and the exclusivity of Forbes Park, they didn't want to risk losing the house over a negotiation.

The offer included their intent to pay in cash, which they knew would make them highly attractive buyers.

By midday, Clara had received their offer and immediately passed it on to the sellers. She assured Michael and Bridget that she would push for a swift response, knowing how eager they were to proceed.

July 18th: Offer Accepted

True to her word, Clara called Michael early on the morning of July 18th with the news they had been hoping for—the sellers had accepted their offer. There was a sense of relief and excitement as Michael relayed the news to Bridget. They had officially secured their dream home.

Clara, ever efficient, wasted no time. She began coordinating with Michael's legal team to prepare the necessary documents for the transaction. The goal was to close the deal as quickly as possible, and with a cash payment, they were in a strong position to expedite the process.

July 19th - 21st: Legal and Financial Preparations

Over the next few days, from July 19th to 21st, Michael and Bridget focused on finalizing the legal and financial details. They met with their lawyer to review the purchase agreement and ensure all the terms were clear and favorable. Their bank facilitated the transfer of funds, preparing for the substantial cash payment that would be made upon closing.

During this time, Clara also worked closely with the sellers to make sure that the property was fully prepared for transfer. This included verifying that all taxes were up to date, that the title was clean, and that the house was in perfect condition for the handover.

July 22nd: Signing the Agreement

On July 22nd, just a week after their initial visit, Michael and Bridget signed the purchase agreement. The meeting took place at their lawyer's office, where they were joined by Clara and a representative from the seller's side.

The large table was set with neatly arranged documents with Michael glancing all over it.

Clara, the ever-efficient real estate agent, sat across from them, alongside a representative from the seller's side. The lawyer began by laying out the documents in front of Michael and Bridget, explaining each one in detail.

"First, we have the Deed of Absolute Sale," the lawyer began, sliding the document toward Michael. "This legally transfers ownership of the property from the sellers to you, Mr. Reyes, and Ms. von Reimann. By signing this, you are officially acknowledging the purchase and transfer of the property."

Michael took the pen offered to him, glancing at Bridget who gave him an encouraging nod. With a steady hand, he signed the document, followed by Bridget, who added her signature beside his.

"Next is the Transfer Certificate of Title," the lawyer continued, placing another set of papers in front of them. "This document will be processed with the Registry of Deeds to reflect your names as the new owners of the property. It's an important legal step to ensure that the title is clear and that you are recognized as the lawful owners."

Again, Michael and Bridget signed where indicated, their hearts pounding with the significance of the moment. Each stroke of the pen brought them closer to owning their dream home.

"And finally," the lawyer said, handing over the last document, "we have the Acknowledgment Receipt for the payment of the purchase price. This document confirms that the full payment of ?750 million has been received by the sellers. As this is a cash transaction, this receipt serves as proof of payment and will be attached to the Deed of Absolute Sale."

Michael added his signature to the Acknowledgment Receipt, feeling the weight of the moment settle over him. This was it—the final step in the long process that had begun with a simple online search. He handed the pen to Bridget, who signed her name beside his with a steady hand.

The lawyer gathered the documents, stacking them neatly before looking up with a satisfied smile. "Congratulations, Mr. Reyes, Ms. von Reimann. The property is officially yours. We'll proceed with the necessary steps to record the transfer of ownership and ensure everything is in order with the Registry of Deeds.

You should receive the official Transfer Certificate of Title within the next few weeks."

Clara leaned forward, her professional demeanor giving way to genuine enthusiasm. "I can't tell you how thrilled I am for both of you. This house is truly special, and I know you're going to create many wonderful memories there."

Michael shook hands with Clara and the seller's representative, thanking them for their help and efficiency throughout the process. "We really appreciate all your hard work," he said, his voice sincere.

"This has been a smooth and straightforward experience, thanks to you."

Bridget nodded in agreement, her eyes shining with excitement. "Yes, thank you. We're looking forward to settling in and making the house our home."

As they left the lawyer's office, documents securely in hand, Michael and Bridget exchanged a look of triumph and satisfaction.

Stepping out into the warm afternoon sun, Bridget took a deep breath and smiled. "I can't believe it—we did it. We're homeowners."

Michael grinned, wrapping an arm around her shoulders. "And not just any home. This is the start of something incredible for us."

As Michael and Bridget walked toward their car, the reality of their new status as homeowners began to sink in. But this is not the end, there is still more he'd like to do with Bridget.