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This is an interesting insight into the current mortgage/loan modification issues.
And you might have thought that your loan mod was being considered based upon the merit of your hardship…
The number of Hamptons homes sold in the three months ending March 31 fell to 312, a 29 percent decline from the fourth quarter and a 42 percent drop from the first quarter of 2007, the survey said.
see the Bloomberg report:
see The Real Deal article here
Presumably, that will give an indication as to how many foreclosures might be in these community’s future? Looks like the East End has a much lower overall percentage than our sister markets to the west. see map here