This is not a listing,it is a Realty Trac posting of a notice of default. Trulia is not a listing site--they just publish foreclosure notices from the public records. This is a notice of default which means the owners have a chance to redeem the property. $365,000 is not the sale price it is the amount of an outstanding loan balance. This property is probably not on the market yet. If and when it does foreclose it will be listed at market value which will be determined at that time. if you are interested in purchasing a foreclosure,i suggest you contact a local agent to assist you.