Everyone knows that foreclosure properties have been a great option for buyers who are looking for a deal on home prices in recent years. The same in true about the bank owned homes for sale in Ladera Ranch. Ladera Ranch was mostly built from the year 2000 – 2008 when real estate prices were surging. The real estate market peeked in Orange County in late 2007. This means that many of the home buyers at the time paid more than the homes are currently worth. Since the height of the market in 2007/2008 prices have dropped about 35% in Orange County! As a result many former buyers have had to short sell they’re homes or have gone to foreclosure. Right now is a great time to buy a foreclosure home in Ladera Ranch for much cheaper than the property was originally sold. Take advantage of Ladera Ranch’s great amenities and award winning schools by buying a foreclosed property today.