Terry Hoskins, a resident of Ohio, bulldozed his $350,000 home to save it from foreclosure. Hoskins was said to have a hard time dealing with the River Hills Bank in an attempt to save his property in Moscow. Problems with the Internal Revenue Service started piling up. It came to a point when the IRS had to place liens on Hoskins’ commercial property and carpet store. The bank claimed his home as collateral.
Hoskins admitted to owe the bank $160,000 on the house. For months, he struggled to save his property but finally gave up on it after losing a lot of money to attorneys. Two weeks ago, when he felt there was nothing more he could do, he bulldozed the property and finally said goodbye to home sweet home. CLICK HERE to read the rest of this article.
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