Owner destroys home to avoid foreclosure

Terry Hoskins home in Moscow, Ohio was scheduled for Foreclosure so, to prevent the bank from taking it, the man bulldozed the property.

The frustrated owner said his actions were intended to send a message to banks.




The problems began more than a decade ago, when IRS tax liens on business properties, were filed on his home.

Hoskins never missed a mortgage payment, and he was never late on a payment on his home.

As the foreclosure proceedings were getting to the final stages, that's when he bulldozed the building down.

After spending millions on attorneys Hoskins said he just had enough and two weeks ago bulldozed the home, 25 miles southeast of Cincinnati.

When asked if he would level his store, Hoskins said he would do "what it takes."

Messages were left for the bank and its attorney, and with the southern Ohio office of the IRS.

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