A US may be reaching the end of the line after fighting foreclosure on his former home for nearly 15 years, as an eviction notice on the home has been approved. Louis Telerico of Aurora, Ohio, was first served with a foreclosure notice on his $6.4 million ($US4.5 million) mansion in 2011, Realtor reports. The 1,579.35 sqm (17,000-square-foot) home sits near the 17th green of a golf course in the exclusive neighbourhood of Barrington Estates. After a decade and a half of mediations, hearings, and a constant legal battle, Telerico has still not given up on his dream of remaining in the home. “It’s a one-of-a-kind property,” Mr Telerico told WEWS after a recent eviction hearing. “I built it.” In a typical foreclosure case, there are two orders that the defendant can appeal: the decree of foreclosure and the order of confirmation after the property sells. While these appeals can buy the homeowner time, typical foreclosures and repossessions still take only one to two years. MORE: ‘F***ing tax them’: Man’s $3m dog home fight ‘Hated it’: Man pays no bills after $11k move Man buys entire town for $1.9m, regrets it A US man may be reaching the end of the line after fighting foreclosure on ...
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