An old Florida mansion built in 1927 for $3.2 million in today's money has been abandoned for several years now. Last sold in 2003 for $400,000. An estimated 1.2 million dollars in repairs needed especially if the buyer wants air conditioning.
http://www.dailymail.co.uk/news/art...-built-wealthy-citrus-farmer-lying-years.html
The story of this mansion also shows the pitfalls of something like a reverse or second mortgage. Sad for the owners and building which has some historical value.
http://www.dailymail.co.uk/news/art...-built-wealthy-citrus-farmer-lying-years.html
The story of this mansion also shows the pitfalls of something like a reverse or second mortgage. Sad for the owners and building which has some historical value.
