If your talking about a red 20F at Wolf Aviation, I took a look at it not long ago. Not bad, but I thought a bit over priced.
Paint was pretty oxidized, but if I remember correctly nothing a good buffing wouldn't. take care of.
Nice panel. I didn't like the color, so that's about as far as I got with it.
Ended up purchasing a 1965 M20E in Shafter, $43K, 3500TT, 1021 SMOH.
Fresh annual, flown regularly, but pretty much the 65 stock Mooney panel
In the Avionics shop now, new pilots side metal panel. dual G5's, GNX 375, removing old A/P for preparations of one day something reasonable can be found to replace it.......
After doing all that, it's going to be in the price range of that F, so maybe not too overpriced after all!
Good luck on your search!