I got a story but if I tell it it would be a dead giveaway should the guy read it. Suffice it to to say he doesn’t have a clue where we are at and he is leveraging himself to death to go for the brass ring. My guess is he ends up with several foreclosures. What is interesting is that in my eyes that would be a case of a Kharma working just fine.
Also I have seen a fairly nice custom home go short sale right after being finished.It sold quickly.That must be a terrible experience for the owner. Still lots of custom building going on in Jamul and the active to pending ratio is something like 105-5. I think we will see more issues with the custom homes and some humongous spec homes that are in the works.