There is nothing in San Clemente under $100,000 & that's a 1 bedroom condo. The amount owed on taxes, delinquent payments, homeowner dues, could be what you are seeing. Prices are down substantially from a few years ago, but it is hard to find property under $600,000 because there is no inventory. Bank owned properties sell in the 1st few days with multiple offers & short sales can take 6months or more for approval. You need a realtor who knows the market & how to work in todays conditions.

Reina ... your question is apparently about distressed homes at South OC that are listed on some web site and perhaps RealtyTrac.

Please know that RealtyTrac specializes in information about these distressed homes and does not represent the owners, but rather gets and passes along information about properties that might or might not actually be for sale. In other words, they find out about financial problems experienced by the owners ... like pending foreclosure ... or a tax lien .. and present that information on it web site.

You get information from RealtyTrac about the distress properties and then would need an experienced Realtor agent (not RealtyTrac) to help you navigate through the process of actually finding the home of interest and presenting an offer for purchase to the owner. If the owner has no equity, that would be a short sale situation. The owner would need to get written permission from the lender or holder of a lien to sell the home short.

Please always hire an experienced and professional Realtor agent for buying a home or property.

Harrison K. Long, Explore Group Properties, Coldwell Banker Previews, Coldwell Banker Previews.

For a great home and property for sale search site check out

These properties are most likely NOD's (Notice of Default) also known as Pre Foreclosure, with the amount shown being the amount that is delinquent or the loan amount in default. RealtyTrac is a real estate information company specializing in Foreclosures and PreForeclosures data.

You cannot purchase a home in San Clemente or most other areas for less than $200,000.

Linsey is great at what she does and works in that area. I highly recommend working with her if you are interested in purchasing in South Orange County.

There are no properties for sale in San Clemente anywhere in the ranges you mentioned. They may be the outstanding liens on the properties that you are seeing.

When you are saying foreclosures - there are a few types of properties that come to mind such as already foreclosed (bank owned) and those in preforeclosure (many are short sales). Any local Realtor can assist you with that. Some agents, including myself, have access to the inventory that is coming down the pike.

Don't hesitate to let me know if you have any questions.