February 24, 2010

How to NOT Solve a Problem With a Bulldozer

Filed under: Events — @ 3:00 am

This homeowner decided to bulldoze his house rather than lose it to the bank in foreclosure. He wants to ’send a message’ to the bank but he’s missing the point. The bank doesn’t want the house, they want the money the house will bring.  Now he’ll have the bank AND the insurance company after him. If he can avoid paying them via bankruptcy then maybe this will work in his favor but I have my doubts. Now he’s going to have to bulldoze the legal system. Good luck with that!

While he might think the banker’s a louse
And his complaints a legitimate grouse,
To bulldoze is dramatic
But anti-climatic.
It’s money they want, not the house.

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