http://www.trulia.com/blog/carl_medford/2008/12/when_is_the_ by my fellow Windermere agent Carl Medford. I could not write a better answer than he already has. Please read it.
The house is not on the market yet. RealtyTrac is bad at listings homes on Trulia that are in the foreclosure process. As a rule the price they show on Trulia, does not reflect the price it will come on the market at.
If you are looking to buy a property in the Bay Point Area, I would be more than happy to assist you. Just let me know, and I'll go to work finding you a property.
You have a Great Day Monica.
Old West Realty Inc.