Foreclosure Statistics Increase by 84%

Homeowners in the area of East Hamptons, New York seem to be increasingly at risk of foreclosure, according to statistics compiled by Propertyshark.com, an online real estate Website. Lis pendens i. e., Initial legal notices of a pending action, in this case a foreclosure action –  increased by 84 percent in 2009 compared with 2008,…

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