First, in recent foreclosure news: Appraisers: Obama plan encourages fraud Foreclosures are still ‘the hot ticket’ Which ZIP has biggest foreclosures hike? Every week, homes throughout Orange County go to foreclosure auctions. The owners can be millions of dollars in debt, or owe just a few thousand. Often these homes revert to the lenders, who eventually put them back on the market. Sometimes the homes are bought by investors and resold. Foreclosures affect more than the homeowners involved. They can impact entire neighborhoods. At the very least, they can affect nearby home sales. All of these homes and addresses have been listed in the public notices, as required by law. For auction info, click on city: Aliso Viejo Anaheim Coto de Caza Huntington Beach Irvine Ladera Ranch Laguna Beach Laguna Hills Laguna Niguel Laguna Woods Lake Forest Mission Viejo Orange Rancho Santa Margarita San Clemente Tustin   Read more: How foreclosure auctions work Trustee, trustor … what’s the difference?

Read more here – Homes in 16 cities get foreclosure dates