05-29-2024, 02:07 AM
HPP lots started out at $795, taxes were $1.13 a year. But that 6% interest on a loan was a killer:
One of the first lots that I bought was in Block 10, it was $545.00 or something like that. I think it was $85 down and $15 a month at 6%. In those days that wiped me out just to make a down payment, and to try to keep up the payments was something! It’s a funny thing in those days it wasn’t as easy to sell lots at $795
https://www.hppoa.net/general-informatio...dise-park/
One of the first lots that I bought was in Block 10, it was $545.00 or something like that. I think it was $85 down and $15 a month at 6%. In those days that wiped me out just to make a down payment, and to try to keep up the payments was something! It’s a funny thing in those days it wasn’t as easy to sell lots at $795
https://www.hppoa.net/general-informatio...dise-park/