There are many posts that talk about the "listings" you see in under the Foreclosure tabs in Trulia. Unfortunately, the information you are viewing is misleading at best. Here is a brief summary of the information contained in responses to questions like yours.
This information comes from public records. Most of the properties are NOT actually available for purchase. The "list price" is usually the amount the owner is in default (missed payments plus fees) on their debt to the bank. Sometimes the "list price" is the amount of a loan that has become due. Since you say the "listing" is showing $65,000, then if this were the loan amount, in most cases this loan would be a junior lien. So if you "bought" the property on the courthouse steps for this amount, you would probably be taking it subject to all senior liens. I could go on. You can check some of my more detailed posts on this subject.
There is an old rule of thumb that remains true to this day. It is looks to good to be true, it probably is.
Good luck in your home search. If you are truly searching for a great deal then align yourself with a great Realtor who specializes in your area. Then let them do the search and find real deals for you.
Shel-lee Davis BRE #01817412
Real Estate Consultant
International Real Estate Specialist - IRES®
Senior Real Estate Specialist - SRES®
Certified Home Seller Advisor - CHSA®
Certified Home Buyer Advisor - CHBA®
Member - National Association of Certified Expert Advisors - NAEA®
Certified Distressed Property Expert - CDPE®
RE/MAX Estate Properties