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Initial foreclosure notices up 84% in Hamptons

East Hampton, Southampton and Hampton Bays were some

East Hampton, Southampton and Hampton Bays were some of the worst markets on Long Island hit by economic downturn. Photo Credit: /HANDOUT

Hamptons and other East End homeowners appear to be increasingly at risk of foreclosure, according to statistics compiled by the online real estate Web site Propertyshark.com.

Initial legal notices of new foreclosures - known as lis pendens - increased 84 percent in 2009 compared with the previous year, the Web site reports.

"There were a total of 566 first-time residential lis pendens in the Hamptons in 2009 . . . more than in 2008, when there were 307 pre-foreclosure filings," Propertyshark.com said.

Not all such notices result in actual home foreclosures.

No one from the Web site was available for further comment, said an employee who answered the phone Monday.

East Hampton, Southampton and Hampton Bays were the worst hit by the number of new notices, the site said.

In 2009, East Hampton had 135 lis pendens, with an average lien of $542,870; Southampton had 108, with a $503,867 average lien; Hampton Bays, 97, with a $398,005 average; Sag Harbor, 46, with a $584,101 average; East Quogue, 35, with a $382,872 average; Westhampton Beach, 24, with a $570,796 average; Westhampton, 20, with a $444,534 average; Bridgehampton, 19, with a $482,182 average; Montauk, 19, with a $478,920 average; and Remsenburg, 18, with $663,671.

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