These are the latest REO properties in South Orange County that look like the best values today:

Las Flores

$659,900 – Rancho Santa Margarita (Las Flores) -  4 bedroom, 3 bath, 3 car garage, about 2400 square feet.  Last sale was 9/06 @ $960,000.  Update: in escrow as of 11/30

Telega

$699,900 – San Clemente (Talega) – 4 bedroom, 3 bath, 2300 square feet.  Last sale 4/2006 @ $950,000.  [12/13 - Still available, also 2 others @ same price, similar size and features!]

Rancho Santa Margarita REO

$476,500 – Rancho Santa Margarita Single Family REO – 3  bedroom, 2.5 bath, not quite 1500 square feet.  Prior sale 9/06 @ $640,000  [Still available 12/12! - It must not be very nice inside!  By now, I expect they will accept less!]

If any of these look good to you, or you have questions or would like to receive the new listings as soon as they come on the market, please call or email me!  (My contact info is in the upper right corner of the page.)

Or leave a comment!