Ohio Man Fought Foreclosure on His $4.5M Mansion for 15 Years. Now, He Faces Eviction

A man in Ohio 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, OH, was first served with a foreclosure notice on his $4.5 million mansion in 2011. The 17,000-square-foot home sits near the 17th green of a golf course in the exclusive neighborhood 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,” 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.Telerico filed appeals at these usual opportunities, but two other major factors contributed to the length of his foreclosure case, according to Mark L. Rodio, a partner at Frantz Ward with over 30 years of experience in real estate law.“This foreclosure was filed i...