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  1. #1
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    Frustrated Owner Bulldozes Home Ahead Of Foreclosure

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  2. #2
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    Nice!

  3. #3
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    I caught that on the local news today as well, crazy!

  4. #4
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    Definitely an act of moronic despair.

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  5. #5
    Dances With Dogs
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    Well, I guess its better than flying a plane into the bank headquarters.

    "Just a lot of embarrassment, embarrassed to be part of group of domainers who would do this to their fellow man.",
    Condemnation of Mobee boys and investors by our precious Mother Theresa of Domaindom

  6. #6
    Bloody Hell
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    Doc, that was a horrible incident.

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  7. #7
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    too bad he still owes the money! last laugh will be on him.
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  8. #8
    Dances With Dogs
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    Quote Originally Posted by Acro View Post
    Doc, that was a horrible incident.
    Yup, just heard 2 bodies recovered.

    At least in this manner, the only person he hurt was himself.

    ---------- Post added at 05:42 PM ---------- Previous post was at 05:40 PM ----------

    Quote Originally Posted by GeoOwners View Post
    too bad he still owes the money! last laugh will be on him.
    Exactly. And he has nothing to use to pay off that debt.

    I read the story and it sounds pretty whacked. He's been working with the bank for 10 Years??? WTF?

    Plus the IRS was on his ass? And sued by his brother??? And the IRS and bank was getting his business???

    Hmm...sounds like he was quite foolish...and a deadbeat.

    "Just a lot of embarrassment, embarrassed to be part of group of domainers who would do this to their fellow man.",
    Condemnation of Mobee boys and investors by our precious Mother Theresa of Domaindom

  9. #9
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    Quote Originally Posted by GeoOwners View Post
    too bad he still owes the money! last laugh will be on him.
    That's right, most people in foreclosure think they can do whatever they want to their home, not realizing the bank can come back and sue for the money they lost, The bank can even sue for the devaluation.

    Even if this guy files bankruptcy, I strongly doubt the court would release him of the what he did here.


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  10. #10
    þórr mjǫlnir
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    Quote Originally Posted by Raider View Post
    That's right, most people in foreclosure think they can do whatever they want to their home, not realizing the bank can come back and sue for the money they lost, The bank can even sue for the devaluation.
    There's been some stories about banks suing people who had their homes foreclosed due to devaluation (and not by the homeowner).
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  11. #11
    DON.ME
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    I can personally understand his frustration with the bank but he is going to have a hard time explaining his actions in bankruptcy.

  12. #12
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    Looks like he just got to the point where he doesn't give a flying feck anymore.

  13. #13
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    Quote Originally Posted by GeoOwners View Post
    too bad he still owes the money! last laugh will be on him.
    Well he owes $160K but the house was woth much more.
    He even had someone who would pay off the house AND give him another $170K but the bank refused it because they would get more from foreclosure. Probably some bank employee wanted to get for himself cheap.

    This guy is a hero...
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  14. #14
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    Quote Originally Posted by denny007 View Post
    Well he owes $160K but the house was woth much more.
    He even had someone who would pay off the house AND give him another $170K but the bank refused it because they would get more from foreclosure. Probably some bank employee wanted to get for himself cheap.

    This guy is a hero...
    Inclined to lean toward this line of thought, however it seems like be short term satisfaction (bulldozing the house) and a problem for the long term
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  15. #15
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    A bank can't stop you from selling your house and paying it off so there is probably more to the story than he's saying.
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  16. #16
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    Quote Originally Posted by GeoOwners View Post
    A bank can't stop you from selling your house and paying it off so there is probably more to the story than he's saying.
    Oh yes they can. I know with 100% certainty, they will, whether it is legal or not.

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