I've seen a lot of different opinions on the topic, so I'm not really sure how it goes anymore.
If you have an immediate reaction on hit, do you take the damage before you react? Some say yes, because the action has to be resolved, meaning the whole attack has to happen, and others say no, because what is the point of a reaction then, and that the action is resolved in that the attack roll is over.
For example, avenger's level 2 utility prayer Resonant Escape:
Immediate Reaction; Personal
Trigger: An enemy hits or misses you with a melee attack
Effect: You teleport 3 squares.
Does one teleport before or after taking damage?