Homes in well-to-do RSM communities are up for auction.

Rancho Santa Margarita’s auction inventory is on the rise with many more homes daily in risk of foreclosure. Following is a partial list. This information is reliable but not guaranteed.

1. 12 Santa Catalina, Rancho Santa Margarita 92688
• Parcel Number: 805-142-18
• Opening Bid: $503,200
• Estimated Market Value: $572,119
• Auction Date: T.B.D.
• Time: T.B.D.
• Location: 401 E. Chapman, Placentia

2. 63 Via Ermitas, Rancho Santa Margarita 92688
• Parcel Number: 935-45-305
• Opening Bid: $217,000
• Estimated Market Value: $222,077
• Auction Date: 3-16-10
• Time: 12:00 p.m.
• Location: 700 Civic Center Dr. West, Santa Ana

3. 71 Encantado, Rancho Santa Margarita 92688
• Parcel Number: 935-45-174
• Opening Bid: $356,000
• Estimated Market Value: $349,406
• Auction Date: 2-11-10
• Time: T.B.D.
• Location: 700 Civic Center Dr. West, Santa Ana

4. 114 Via Contento, Rancho Santa Margarita 92688
• Parcel Number: 935-45-451
• Opening Bid: $207,450
• Estimated Market Value: $244,318
• Auction Date: 3-9-10
• Time: 3:00 p.m.
• Location: 700 Civic Center Dr. West, Santa Ana

5. 35Via Madera, Rancho Santa Margarita 92688
• Parcel Number: 933-74-432
• Opening Bid: $155,000
• Estimated Market Value: $275,762
• Auction Date: T.B.D.
• Time: T.B.D
• Location: 700 Civic Center Dr. West, Santa Ana