Quote:
Originally Posted by TiltonBB
The financial aspects of this matter should be interesting.
The accusers families have asked for an attachment of over $6 million on the marina. Meredith Village Savings Bank has a mortgage of over $5 million on the property. That will total over $11 million in liens, if nothing else comes up.
Looking at recent sales and comparing what Channel Marine and Thurston's Marina sold for it is hard to see a property valuation that will be anywhere near that for West Alton Marina.
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West Alton Marina is quite the property and definitely has more land value than the others.