It is unlikely that you will be able to buy this house for the price posted on Trulia. That is the amount of a default and has no relationship to the value of the property. The house may be offered for sale at a later date but it will most likely be listed with a Realtor and priced at a price that reflects the market price for the area.
If you are serious about buying a house, you need to align yourself with a full-time, experienced local Realtor who can help you to find the house that meets your needs. Your Realtor can help you to learn about the current market conditions, realistic house prices, loan qualifications, negotiating strategy, escrow management, inspections and everything else that goes into the purchase of a home.
A lot of times you'll see what looks like a home for sale, but is actually a home that's had some activity in the public records, like this one. In this case, the property had a Notice of Foreclosure or Sale filed against it, which is a matter of public record. I can send you some listings if you'd like, of homes that are actually available for sale. Just email me off forum.
Cory La Scala
thank you, my cell is 619 917-7093.