hamptons REO

Long Island, Hamptons: Potential Deals Coming Up At the Auction

Our attention was drawn by a Curbed Hamptons post on a $485,000 loss (over the previous purchase price) of a Montauk beach house. The property, located at 20 Gilbert Road, was reportedly bought in 2006 for $1.2 million, repossessed by the bank in April 2009, according to our records, and then sold at an online…

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