Ohio man bulldozes $350K home to avoid foreclosure

[jeff of pa]

MOSCOW, Ohio (AP) -- An Ohio man says he bulldozed his $350,000 home to keep a bank from foreclosing on it. Terry Hoskins says he has struggled with the RiverHills Bank over his home in Moscow for years and had problems with the Internal Revenue Service. He says the IRS placed liens on his carpet store and commercial property and the bank claimed his house as collateral.

Hoskins says he owes $160,000 on the house. He says he spent a lot of money on attorneys and finally had enough. About two weeks ago he bulldozed the home 25 miles southeast of Cincinnati

http://hosted.ap.org/dynamic/storie...OZER?SITE=PAPOE&SECTION=HOME&TEMPLATE=DEFAULT

 

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[Smee]

House payments were current, bank refused $170,000.00 to pay off house, they said they'd get more by foreclosing.

 

[jeff of pa]

GOOD FOR HIM !
Standing up to the Thieves

 

[allan]

Now he needs to put up a sign that says" it's just buisness"

 

[Smee]

http://forum.treasurenet.com/index.php/topic,301661.0.html

 

[DigginThePast]

GOOD FOR HIM !
Standing up to the Thieves

+1