Man Bulldozes Home Before Foreclosure: Desparate Times Elicit Desparate Measures

One Way to Avoid Foreclosure

An Ohio man, facing foreclosure, took matters into his own hands.

Terry Hoskins said he’d received an offer to purchase the home for $170,000 — enough to pay off the house — which was in foreclosure and subject to multiple Federal Tax Liens. The bank refused, saying they could get more from selling it in foreclosure.

Hoskins refused to give in, telling the bank “I’ll tear it down before I let you take it.” And that’s exactly what Hoskins did.

The Moscow, Ohio man used a bulldozer to level the home he had built years earlier.

“As far as what the bank is going to get,” Hoskins declared, “I plan on giving them back what was on this hill exactly (as) it was.”