Wells Fargo Bank, which holds the loan on the three properties, filed foreclosure actions against Happy Valley April 7, alleging that the company owes the bank more than $3.5 million plus other costs and attorney fees.
Paul Perry, attorney for Wells Fargo, said Tuesday, Dec. 8, that he has filed for a summary judgment and is awaiting the judge’s ruling.
Lois Manning, a wheelchair-bound resident of Dal-Mar for the past three years, said that while many residents of the parks are unhappy, they don’t have the money to move.
“Some of these homes are old enough to be damaged if they are moved,” Manning said.
Dayton-based Towne Properties, which was appointed receiver April 10, isn’t accessible and doesn’t keep the parks well-maintained, which can have an effect on potential buyers, said Diana Taylor, a 10-year resident of Rose Garden.
“We’re concerned about the condition of the parks,” Taylor said.
Vacant mobile homes are unkept, debris is strewn about all three properties and the parks are being overrun with stray animals, she said.
Jim Osbourne, a resident of Happy Valley for 13 years, said he’s considering moving.
“I’m tired of this,” he added.
Conditions are getting so bad that Taylor has investigated the possibility of withholding rent to put into an escrow account, Taylor said.
Taylor said she would begin withholding her rent this month.
Calls to Towne Properties and an attorney for Happy Valley Mobile Home Park LLC were not immediately returned.
Contact this reporter at (937) 328-0374 or boutten@coxohio.com.
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