Inside Long Island business
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Hempstead Town tops in foreclosure auction scheduling
Hempstead Town accounted for 72 percent of the properties scheduled for the first time to be auctioned off as foreclosures, according to Property Shark’s fourth-quarter report for 2008.
That’s 319 out of 443 houses in Nassau, said the Brooklyn-based firm, which provides data to the real estate and mortgage industry.
“It’s not one of the most well-to-do towns, and...
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