There are currently over 1500 properties in default in Orange County. That is just under 10% of the toal current inventory of active listings in Orange County (17,000+). This is the first time in over 10 years has there been this kind of opportunity in the distressed property market.

As part of the REO/Foreclosure specialist team Zen Ziejewski has access to lists of properties that could make a great long term investment and or a perfect 2nd home. Purchasing foreclosures is not an easy thing...so don't believe all the infomercials that you see on TV. Without an expert to ehlp advise you in your local market, you could lose thousands and hundreds of thousands of dollars purchasing the wrong property.

Listen to Zen's July Orange County Real Estate Podcast at http://www.talkrealty.com/zenziejewski where Terry Murphy, a nationally renowned real estate author, and Zen Ziejewski discuss purchasing foreclosures. Teri has written books with famous investors including Donald Trump. Zen is very experienced in the Orange County market and part of the REO specialist team with Prudential California Realty.

For more great Orange County market insight and industry news visit Laguna Niguel Real Estate or view the Orange County Market Trends at Orange County Real Estate.

Listen to Zen's Laguna Niguel Real Estate Podcast available 24/7.