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Real Estate & Property Law

: The Home Equity Theft Reporter

Pittsburgh Assisted Living Retirement Community Faces Foreclosure; 150 Residents Paying $300K To Get In Face Loss Of Home, Investment

By r morris

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In Pittsburgh, Pennsylvania, KDKA-TV Channel 2 reports: Some local senior citizens who thought they were set to live out their golden years in the lap of luxury are facing a frightening reality. The assisted living community where they live, Covenant at South Hills, is in foreclosure and they may lose their homes and considerable investments.Residents paid a $300,000 deposit to get into the

Full post as published by The Home Equity Theft Reporter on December 21, 2008 (boomark / email).

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