The number of NOD (Notice of Default) are lower in Monte Sereno. The number of NOD's can usually predict the number of Trustee Sales that will take place.
If you are a little shy about taking your certified check to the courthouse steps, then looking in the MLS for BANK OWNED/REO properties is probably your best bet. There are several ways to find them.. quickly. One is hook up with a great agent (like myself) or in today's do-it-yourself world, you can sign up for automatic notifications by using my buyer/seller toolkit. Sign up on my website www.InteroRealEstate.com/JBateman. When setting up a search select 'Bank-Owned/Reo' in the 'additional listing info' box. Email me at jbateman@InteroRealEstate.com for assistance.