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answer's here

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thanks perry, sdcellar.
i was pretty stressed at the prospect of a single offer. the agony of planning the next month while the idea that escrow could derail at the slightest pretext, was unnerving. the buyer had deep pockets and probably needed a tax shelter. can’t say, but he’s in the movie industry and probably spent a lot more in his hollywood apartment.
most of our friends here still describe the market as ‘slowing down’, and are flabbergasted we didn’t list it for a million. because “that’s what i would pay for it”.
all talk, imo. when i ask them quietly about the last downturn, they have no clue we had one.
to co-opt from our own sun tzu feld, you go with the offer you have, not the one you wish you had.

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sold. closed end of the month.
cheers everyone. and thanks for the amazing data and help.
socalARM is now a socalrenter, and another one in the sidelines…

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quite fascinating. thanks for this thread.

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this is my investment guru

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thanks much. i’m using an agent and she’s been very professional. i’ll ask her too. i didn’t mean to be so harsh on title and escrow. they sent me 3 revisions 15 minutes apart with typos and errors. they’ve also been pretty tardy at answering my agent’s queries.
they’re ok. i just don’t trust my mortgage lenders one bit. they’ve slipped me mysterious charges before and backtracked immediately when i questioned them.

you said “When your sale records it will all get pro-rated correctly based on your sale date.”
thank you for that. does that the sale date coincide with close of escrow ? both lenders are using very different dates to estimate.

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question for the wise ones regarding seller’s settlement charges. i just received my estimated closing costs and some line items seem ridiculous. close of escrow is supposed to be 10/31. i have two lenders, 455k and 60k.
the first one decided to prorate my stay till 11/22 and has tacked $3200 of ‘interest’.
the second one decided to prorate my stay till 11/11 and tacked on an extra $600?
this looks extremely suspicious because those are my two regular monthly payments. could it be they reverse engineered these fees to get an extra month or are they entitled to prorate as they please ?
i asked my title company but i’m not sure how much they would care. title earns $2200 and escrow $1800 for this herculean task of filling out 3 forms.
thanks

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jg, i agree it has a lot to do with culture. i could add to that argument. rich arab countries, despite their wealth, have the majority of radical terrorists.
my point was in a different context.
say there was no power or water in san diego for a few weeks and highways were blocked. no cops around. how long do you think this civilized veneer would last before looting and armed vigilantism took over ?
it’s commendable our culture has invested in a social infrastructure, unlike a banana republic. but it doesn’t take very long for any group of people to descend to barbaric behaviour.
mentioning empire as a force for good is like saying the cure for inner city problems is reenslaving blacks.

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i agree violence emanating from the mid-east is an intrinsic problem, not extrinsic. i also disagree with knee-jerk empathy for ‘oppressed’ people. it’s a problem that needs to be confronted very clearly.
i’m in agreement on the what and why.
the disagreement i expressed is in the how. like the casual comparison to empire. it’s so lazy to say you can whack a few more of them and solve the problem like a well-oiled empire. that really helped the french in algeria.
you can only win if you define a problem correctly. so jg, why don’t you state the problem and explain how this current strategy is a good answer?

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“The Brits, French, and Belgians have been gone for decades; who’s to blame, now?”
btw, arabs colonized and enslaved africa too.
yes it’s just those sorry-assed black folk who can’t stop invaders and are too busy fornicating with each other spreading aids. they should really ask to bring the belgians back. hey what the hell, let’s bring the spaniards back to mexico and the arabs to israel and the japanese to nanjing and the british to india and the turks to spain. that’ll show ’em 😉
i mean who cares if they’re free now.
you seem to know a lot about other cultures. san diego is rich and safe. i agree. take away rich and you will take away safe. your illusion of superiority will suffer remarkably the day the word ‘rich’ loses it’s power.
the caste system may not be half as bad as black slavery in the south. i forgot that’s been declared illegal. well, so was the caste system. there’s really no point to such irrelevant comparisons.
you’re subtly shifting responsibility from the occupier to the occupied.
i forgot. we just came in with our slaves and eradicated the previous inhabitants. we even gave them reparations but look them now. they’re just a bunch of drunks running casinos.

change the century and there’s always one dominant power who pooh-poohs the others to proclaim his own unprecedented superiority. great attitude jg. bring ’em on.

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someone mentioned a british styled empire in india as a viable precedent.
that’s pretty ridiculous. your argument gives credit for gandhi’s peace struggle to the british empire?
if a culture gives the world buddhism and secular peaceful protest in exchange for colonial oppression, wouldn’t you say that’s a quality intrinsic to a culture, not something bequeathed to it by an invader?

that’s pretty lazy and arrogant thinking.
should we take credit for civilizing black slaves and chinese railroad workers too ?

here’s samuel huntington, someone people love quoting about a ‘war of civilizations’:
“The West won the world not by the superiority of its ideas or values or religion but rather by its superiority in applying organized violence. Westerners often forget this fact, non-Westerners never do.”

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my reaction too. if this isn’t hurting you, a rental wouldn’t be a bad idea. you will spend on management and maintenance but if you get tenants you will be assured of a regular income.

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thanks perrychase. i’ll keep everyone posted as it unfolds.
kaycee, i hope things turn out well for you. my only thought is, do you absolutely have to sell? if you must, then i tend to agree with the previous poster. any port in a storm.
but if you don’t have any financial desperation and you can afford to stay on for the forseeable future, you can’t really lose.
if you bought it for investment or speculation, unfortunately the bottom fisher might be your best friend.

don’t appear too desperate, unless you really are.

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it amazes me how intense events can be reduced to consumer choices. “I’m boycotting CNN, at least until the midterm elections has passed”.
i’m switching from coke to pepsi this month…

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