A publicly accessible schedule of properties being offered as a result of mortgage default in a selected Southern California area gives dates, occasions, and areas of those gross sales. This data usually consists of the property handle, case quantity, and sometimes the opening bid quantity. A pattern entry may present a selected handle in Anaheim being auctioned at a specific courthouse on a given date at 10:00 AM with a gap bid of $300,000.
Entry to this schedule affords potential patrons a possibility to accumulate actual property beneath market worth. It promotes transparency within the foreclosures course of, permitting for public oversight and probably growing competitors amongst bidders. Traditionally, such lists have been primarily posted bodily at courthouses or revealed in native newspapers. The digital period has considerably broadened entry, facilitating better participation and probably mitigating data asymmetry between institutional and particular person traders. This evolution has contributed to a extra environment friendly and knowledgeable market.