Posted by Chuck (AZ) on January 23, 2002 at 13:28:11:
I sold a 1961 in my 55+ park last year for $4,500. The owner died and the family didn’t want to fool with it, so I bought it from them for $2,000. Actually, I’ve done several deals on the homes there, most of which are 60’s/70’s models in excellent condition.
I think your bank is trying to recover from an over-extended loan situtation, at your expense.