An Ohio man is making national headlines after claiming he took a bulldozer to his home to prevent his bank from repossessing it.

Terry Hoskins told NBC affiliate WLWT that when the bank began foreclosure proceedings to collect $160,000, he decided to tear the home down in order to "make banks think twice about it before they take someone’s home."

Hoskins said the lender, New Richmond-based RiverHills Bank, turned down a buyer’s offer of $170,000 for the home, which Hoskins valued at nearly $350,000.

In a series of interviews with WLWT, Hoskins said that after the Internal Revenue Service placed liens on his business, the bank moved to foreclose on his business and his home, located in Clermont County near the Kentucky border in southwestern Ohio.

After WLWT first reported Hoskins’ version of events Feb. 18, the story was picked up by The Associated Press on Tuesday and published in newspapers and blogs nationwide.

Courtis Fuller, the WLWT reporter who broke the story, said it has "struck a nerve with the public."

"Good for him. I hope more and more people start doing things like this," said one comment on the AP story published by the San Francisco Chronicle.

"Uh, how exactly does this help his situation?" said another.

RiverHills Bank has so far declined to comment.


What’s your opinion? Leave your comments below or send a letter to the editor.

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Thank you for subscribing to Morning Headlines.
Back to top
Inman Connect is LIVE today! Join us and thousands of your peers from wherever you are.Register Now×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription