SD Realtor, this is interesting indeed because it show that this homeowner was a business man of above average means. He fell on hard times but still has access to lawyers.
I think we’ll see a lot of small businesses failing and foreclosures in the “superior” areas. San Diego has plenty of businesses up to 50 employees and those businesses will be in precarious positions when the easy money runs out. Don’t be surprised when they go bankrupt. You heard it here first.