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Parking brake handle stuck in up position. Brake not engaged 200 1993

Hi all, I bought a 93 240 Wagon today. 90,000 miles, one owner, needs some cosmetic work, $1600! The park brake handle is stuck in the up position. It will travel further up and will then engage the brake, but there is no ratcheting action and the brake won't stay on. The button presses in and pops back out when you release it, but the handle will only go down so far. Has this happened to any one on here before? I haven't really gotten into it, maybe something is jammed in there. I just figured I'd post on here. Oh yeah, the gas gauge doesn't work either. The previous owner said sometimes it just decides to work. Bad ground? Where should I look to check that theory? Thanks, John







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