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The bank is foreclosing. And in fact, they won't let him sell the house at a price he already got, because they think they can get a better price on their own.The problem is that the bank denied him a potential sale of the house that he had lined up, which would have fulfilled the remaining liability on the debt.
I'd probably fucking bulldoze the house TOO.
FUCK that shit.
Your obligation is to pay the loan off. He had that lined up, and the bank just said "no".
Considering the state of mind some people are in these days over the economy, and the actions of banks, the bank ought to consider themselves damn LUCKY that's ALL he did.
Well now he still has the loan to pay off and nothing to own but an empty lot. That showed them, right?
Frustrated Owner Bulldozes Home Ahead Of Foreclosure
It was still HIS property. It wasn't foreclosed. He still owned it.
When you own a home, you can bulldoze it if you want. That's not against the law.
It was still HIS property. It wasn't foreclosed. He still owned it.
When you own a home, you can bulldoze it if you want. That's not against the law.
As someone said before, the guy's judgment proof so he might as well screw the bank if he can. Shame it wasn't a mobile home...he could have just driven it off a cliff
I never knew that a bank could stop you from selling the home you're paying off. Not doubting it, just never knew they had a say in the matter.
Maybe his time would have been better spent copiloting a plane yesterday rather than bulldozing.
Why do you love it? He broke his contract and destroyed property that he didn't have the right to destroy.The problem is that the bank denied him a potential sale of the house that he had lined up, which would have fulfilled the remaining liability on the debt.
I'd probably fucking bulldoze the house TOO.
FUCK that shit.
Your obligation is to pay the loan off. He had that lined up, and the bank just said "no".
Considering the state of mind some people are in these days over the economy, and the actions of banks, the bank ought to consider themselves damn LUCKY that's ALL he did.
Yeah, I love what this guy did, but the fact remains that since the bank owns the deed, they get to make the determination. I would imagine the mortgage contract reflects this. Most do.
Geez. People are really starting to lose it. So sad
I've never heard of a bank telling someone they can't sell their house, when it would mean complete repayment of the loan.
That's just flat out fucking the homeowner over, and I see zero reason for doing such a thing.
The guy had half the loan already repaid. He was a GOOD CUSTOMER!
Like I said, they ought to consider themselves lucky he didn't grab an uzi and go spray the corporate offices up.
Geez. People are really starting to lose it. So sad
well, they have the constant din of loons in their head telling them that it's time to "take arms".
this is the progeny of that type of self-serving, ill-conceived propaganda.
Geez. People are really starting to lose it. So sad
well, they have the constant din of loons in their head telling them that it's time to "take arms".
this is the progeny of that type of self-serving, ill-conceived propaganda.
