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HomeArchive-1"I'll Tear It Down Before I Let You Take It."

“I’ll Tear It Down Before I Let You Take It.”

Frustrated owner bulldozes home ahead of foreclosure

Like many people, Terry Hoskins has had troubles with his bank. But his solution to foreclosure might be unique.Hoskinssaid he’s been in a struggle with RiverHills Bank over his ClermontCounty home for nearly a decade, a struggle that was coming to an endas the bank began foreclosure proceedings on his $350,000 home.

“WhenI see I owe $160,000 on a home valued at $350,000, and someone decidesthey want to take it – no, I wasn’t going to stand for that, so I tookit down,” Hoskins said.

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Hoskinssaid the Internal Revenue Service placed liens on his carpet store andcommercial property on state Route 125 after his brother, a one-timebusiness partner, sued him.

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2010-02-20

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