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Experts say recovery from foreclosure, short sale possible

Recovering from the impact of a short sale or foreclosure isn't easy, but local banking experts say it is possible to re-establish a positive credit history and boost your credit score to eventually buy again.A short sale occurs when the lender allows you to sell the house for less than the ...

Property transfers

Property transfers listed in the Fayette County Recorder of Deeds office from June 20-25 are as follows:Kathleen A. Tusai and David M. Korenoskl to Kevin J. Evans and others, property in Bullskin Township for $125,000.Linda Estate of Thelma Jean Yezioro to Lemont Furnace Holdings LLC, property ...

Natural disasters drive up homeowners insurance

Natural disasters across the country are driving up the cost of homeowners insurance but there is some relief in sight.鈥淥ver the course of the last few years, we鈥檝e seen a 5 to 10 percent increase, although this may be slowing down a bit,鈥 said Rosanne Placey, director of the Pennsylvania ...

Reverse mortgages considered last resort

Originally designed to help cash-strapped older adults stay in their homes, reverse mortgages are tending to remain a loan of last resort.A reverse mortgage is a special type of home loan available for seniors age 62 or older that allows a homeowner to convert a portion of their home equity ...