Wednesday, March 10, 2010

Question of worth of this burnt trailer

On the Rogers First Local news, it was reported that this fire has caused $50,000 to $60,000 damage.  I have in my possession a copy of the mortgage where Gebasco Management Services Limited sold that trailer along with three other trailers dated the first of December 1991 to Deca Investors Ltd.  It would be quite interesting to point out the total for the four trailers compares to the quoted value as reported today.  This mortgage was paid off seemingly January 4, 2006 and I believe that I have the cheque # that was used to pay the final payment.

2 comments:

  1. So what was this trailer really worth? Will the owner of the park still have to pay $3000 for this tenant to move out of the park?

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  2. $500.00 for the trailer

    ReplyDelete