Its the only property in the tax records under his name unless he has something else under different names or trusts. He also Heloc’d out about 60K but he should be fine. After all, real estate only goes up you know.
Something funny going on with that also. The prior owner used agent MB to buy it in 2003. Almost 2 years to the day, prior owner sold using a different listing agent to GC. Interestingly, GC used agent MB as his buyer’sagent also.