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Article updated: 3/11/2013 6:38 AM

Sandy-damaged homes hit market at bargain prices

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An aerial view of damage to the New Jersey shoreline following Superstorm Sandy. There are a rising number of homes damaged by Sandy hitting the market - ranging from 10 percent off pre-storm prices for upscale homes in New Yorkís Long Island and the Jersey Shore to up to 60 percent off modest bungalows in Staten Island and Queens - but itís very much a game of buyer beware.

Associated Press

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It sounds like the premise for a new reality TV series: "Hurricane House" — people scouring waterside communities looking to buy homes damaged by Superstorm Sandy at a deep discount. While there are bargains out there, ranging from 10 percent off pre-storm prices for upscale homes on New York's Long Island and the Jersey Shore to as much as 60 percent off modest bungalows Staten Island and Queens, it's still very much a game of buyer beware.