A spokesman for Sno Mountain Ski Resort said the sale is postponed because new financing is imminent. National Penn Bank of Boyertown claims it is owed $6.6 million in principal on a $7.5 million mortgage.
Sno Mountain Ski Resort in Scranton, Pa., is open, despite being scheduled for sheriff’s sale July 17, the Scranton Times-Tribune reported.
Resort spokesman Scott Tattar said the sheriff’s sale was postponed because new financing is almost in place. Tattar said that even though previous spokesmen have promised new financing for the nearly 400-acre resort, the bank owed money on a mortgage and had to agree to postpone the sale, the Times-Tribune reported.
“They’re very confident,” resort General Manager Mark Verrastro said. “It’s great news.”
National Penn Bank of Boyertown claims it is owed $6,654,473 in principal on a $7.5 million mortgage. Tattar said a new bank will take over the financing, the Times-Tribune reported.
During the summer, Sno Mountain transforms into Sno Cove, with a wave pool, water slides, a lazy river, mini golf and batting cages.
privacy
Tweet this!
Digg it!
Add to Delicious!
Share on Facebook!
Share on Reddit!
Stumble it
Add to Technorati
