Nassau County’s Most Expensive Foreclosure – A Historic 18th-Century Manor
109 Post Road, a historic manor in Old Westbury built in 1776, has been scheduled for auction on October 11th, having a lien amount of $2,225,611.
Temporary freeze bring foreclosures to pre-crisis levels in Long Island and the Hamptons
The temporary foreclosure freeze had a massive effect on the number of properties scheduled for auction in the last month of 2010, and its effects will extend into 2011 as well. It has artificially brought down the number of scheduled auctions to pre-crisis levels. Only 78 properties were scheduled for auction in December 2010 in…
Bank Takes Back Two Properties in Exclusive New York Suburbs
It appears that Eastern Savings Bank has repossessed two single family homes in the exclusive New York suburbs of Kings Point and Upper Brookville. As no sufficiently high bids were made, the properties were repossessed by the banks for $3,929,509 and $2,160,000, placing them among the most expensive repossessed single family homes in Nassau County…
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