Bird-branded, Segway-manufactured electric scooters congregate before the Schoolhouse. A year ago, my wife and I were in escrow to buy the Spanish-style home, with plans to permanently settle down in San Diego’s University Heights neighborhood. […]
Our old apartment is up for rent—and for lots less than I expected: $1,750, which is just 15 bucks more than our raised rent had we signed a new lease from first of this month. On the last day, November 8, 2017, while waiting for final inspection and to hand over the keys, I took some quick pics using iPhone X—for the Wilcox scapbook, so to speak, and to document the condition in which we left the flat.
We moved into the place on Oct. 15, 2007, sight unseen. We relocated to San Diego to enable my now deceased father-in-law to remain living independently. He found the second-floor apartment, on the next block from where he lived, during its complete renovation. On the promise of everything being new, we took the chance that benefit would be enough—and it was. We lived at 4514 Cleveland Ave., Apt 9, for 10 years.
On Oct. 15, 2007, our family of three relocated to San Diego from the metro-Washington, D.C. area. Looking back at my blog posts from a decade ago, I see very little writing about the move and regret not recording the poignant personal history. It’s not a mistake to be repeated. My wife and I will soon change residences—and while the move is nowhere near as dramatic as the last, this missive you read begins the chronicle of our next adventure.
Strangely, or not, the decision to leave the current apartment is fallout from our failed home-buying effort—for the property we call the Schoolhouse (and affectionately, at one time). Anne and I learned enough to know that we aren’t ready to own, certainly not in overly-priced Southern California. As such, staying put for another year looked likeliest option; we have, or had, until October 20 to sign another year’s lease for our second-floor rental of 10 years.
Aug. 18, 2017. I travel back to San Diego after visiting my niece in Long Beach. Meanwhile, two blocks from our apartment, my wife attends an Open House for a cute, Spanish-style property listed for $586,000. Anne tells the seller’s real estate agent that we can’t afford to buy the place—an effective diversionary tactic. But the 900-square-footer is within our means, and we will nearly come to own it.
This is my story of wanting and walking away. I take with me disheartening lessons about the home real estate market.
Out the alley behind our apartment building and across Monroe is what the Wilcox clan calls “Kuma’s house”. When our Maine Coon was still with us, and the 1,300-square-foot Craftsman, built in 1917, was a foreclosure, he […]
Morgan Stanley recently decided to stop making payments on five San Francisco office buildings. A Morgan Stanley fund purchased the buildings at the height of the boom, and their value has plunged. Nobody has said […]