Myke was correct when she mentioned that working with an agent as a buyer is the way to go.
Look at the posting for that home again and find the logo for Realty Trac (black and red). Most times when you see that logo on any listing it means the price you see is NOT a sale price, and the home is probably not for sale as of yet. It is just a posting of what the Bank/Lender had to pay the courts to document regaining custody of the home when they foreclosed on it (transfer value); and/or an announcement that the foreclosure process has just begun (Lis Pendens). Next that Bank/Lender will take several months to put the property on the market at "Market Value for the specific community" and it will be listed/advertised as a Foreclosure or an REO.
On a normal/real foreclosure that is listed on MLS you will make an offer via your agent to the agent that represents the bank. Never make an offer directly to the listing agent, they represent the seller and not your interest. Was this answer helpful? If so please click on the "thumbs up" above.
La Rosa Realty