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 Man bulldozes his foreclosed home

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c/thru

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PostSubject: Man bulldozes his foreclosed home   Sat Feb 20, 2010 11:57 am




.
.
Feb. 2010
Moscow, Ohio-

Terry Hoskins does what many other homeowners would probably love to do -
bulldoze the house that the bank had planned on taking back via foreclosure.


His situation is different than most as he owes far less on his house than it is worth, however,
due to business debts and a lawsuit, RiverHills Bank in Ohio wanted the house.

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java

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PostSubject: Re: Man bulldozes his foreclosed home   Sat Feb 20, 2010 12:30 pm

This is how bankers get rich... although perhaps not in this particular case... Smile
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Joebert

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PostSubject: Re: Man bulldozes his foreclosed home   Sat Feb 20, 2010 6:15 pm

Better than burning it down and flying your plan into the IRS building.
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KK

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PostSubject: Re: Man bulldozes his foreclosed home   Sat Feb 20, 2010 9:05 pm

he should contaminate the property. that's where the real value is
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PostSubject: Re: Man bulldozes his foreclosed home   Sun Feb 21, 2010 1:05 am

KK wrote:
he should contaminate the property. that's where the real value is

From what I've heard the bank really owns the house and now they can sue him. Looked like a pretty nice house though.
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KK

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PostSubject: Re: Man bulldozes his foreclosed home   Sun Feb 21, 2010 1:06 am

Joebert wrote:
KK wrote:
he should contaminate the property. that's where the real value is

From what I've heard the bank really owns the house and now they can sue him. Looked like a pretty nice house though.

they can't stop him from doing a little renovation idunno
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Joebert

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PostSubject: Re: Man bulldozes his foreclosed home   Sun Feb 21, 2010 1:11 am

KK wrote:
Joebert wrote:
KK wrote:
he should contaminate the property. that's where the real value is

From what I've heard the bank really owns the house and now they can sue him. Looked like a pretty nice house though.

they can't stop him from doing a little renovation idunno

Would you like to bet on that? They hold the deed.
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KK

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PostSubject: Re: Man bulldozes his foreclosed home   Sun Feb 21, 2010 11:58 am

Joebert wrote:
KK wrote:
Joebert wrote:
KK wrote:
he should contaminate the property. that's where the real value is

From what I've heard the bank really owns the house and now they can sue him. Looked like a pretty nice house though.

they can't stop him from doing a little renovation idunno

Would you like to bet on that? They hold the deed.
as long as you are not refinancing, you don't have to go to the bank for renovations
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PostSubject: Re: Man bulldozes his foreclosed home   Mon Feb 22, 2010 3:52 pm

no, but you do need a permit for the big remodels, can't say what you need for a remodel of this magnitude, probably a good lawyer
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PostSubject: Re: Man bulldozes his foreclosed home   Mon Feb 22, 2010 9:51 pm

phluffy wrote:
no, but you do need a permit for the big remodels, can't say what you need for a remodel of this magnitude, probably a good lawyer
yes you need a permit, but he had no responsibility to the bank
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PostSubject: Re: Man bulldozes his foreclosed home   Tue Feb 23, 2010 3:23 am

KK wrote:
phluffy wrote:
no, but you do need a permit for the big remodels, can't say what you need for a remodel of this magnitude, probably a good lawyer
yes you need a permit, but he had no responsibility to the bank

I think you are wrong.
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PostSubject: Re: Man bulldozes his foreclosed home   Tue Feb 23, 2010 3:41 pm

Can be sure the bank's lawyers won't give up without a fight.
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PostSubject: Re: Man bulldozes his foreclosed home   Tue Feb 23, 2010 8:40 pm

java wrote:
Can be sure the bank's lawyers won't give up without a fight.
he is only responsible for the amount open on his mortgage. if he declares bankruptcy, he could get out of that too
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PostSubject: Re: Man bulldozes his foreclosed home   Wed Feb 24, 2010 3:47 pm

I'd go for the insanity plea at this point

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PostSubject: Re: Man bulldozes his foreclosed home   Wed Feb 24, 2010 11:36 pm

c/thru wrote:
I'd go for the insanity plea at this point
that's what obama is thinking too
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PostSubject: Re: Man bulldozes his foreclosed home   Sat Feb 27, 2010 3:40 am

I think times and laws have changed and you just can't walk away like in the past. The bank lawyers wi8ll be hounding him and his lawyer is going to cost him plenty.
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PostSubject: Re: Man bulldozes his foreclosed home   Sat Feb 27, 2010 2:57 pm

a home you can walk away from, a student loan you cant
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PostSubject: Re: Man bulldozes his foreclosed home   Sun Feb 28, 2010 10:37 am

He should have bulldozed the bank instead.
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c/thru

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PostSubject: Re: Man bulldozes his foreclosed home   Sun Feb 28, 2010 3:48 pm

Giada wrote:
He should have bulldozed the bank instead.


LOL...REC !!

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PostSubject: Re: Man bulldozes his foreclosed home   Sun Feb 28, 2010 5:16 pm

do you notice all the satanic symbols on money and the pagan idols hiding in the decoration at bank buildings?
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PostSubject: Re: Man bulldozes his foreclosed home   Sun Feb 28, 2010 10:02 pm

Giada wrote:
He should have bulldozed the bank instead.


good point
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PostSubject: Re: Man bulldozes his foreclosed home   Sun Feb 28, 2010 11:18 pm

Joe King wrote:
do you notice all the satanic symbols on money and the pagan idols hiding in the decoration at bank buildings?
is your girdle too tight?
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PostSubject: Re: Man bulldozes his foreclosed home   Tue Mar 02, 2010 1:27 am

phluffy wrote:
Joe King wrote:
do you notice all the satanic symbols on money and the pagan idols hiding in the decoration at bank buildings?
is your girdle too tight?
More likely a Fox "News" overdose.
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PostSubject: Re: Man bulldozes his foreclosed home   Tue Mar 02, 2010 3:25 am

Just wondering, who would have more money for lawyers the bank or a guy with financial problems? Looking forward to how this story plays out.
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PostSubject: Re: Man bulldozes his foreclosed home   Wed Mar 03, 2010 10:14 am

Joebert wrote:
Just wondering, who would have more money for lawyers the bank or a guy with financial problems? Looking forward to how this story plays out.
he can just sit back and let them spin their wheels
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