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Homes in Distress

Property Shark's blog unveiled a few of the 'distressed homes' on the Hamptons market yesterday, profiling three homes listed for sale that have a lis pendens filed against them. Among the pre-foreclosure offerings, a $1.695 million home in Southampton, a $3.9 million home in Water Mill and a $1.4 million home in Westhampton. Buyers, start shopping. [PS]