This property is a pre-foreclosure and the Owner has missed three payments. The amount listed is not the sale price; the amount listed reflects the total amount of payments they need to catch up in order to stop the property from going to Auction 90 days after the Notice of Default was filed. 

This is a pre-foreclosure, meaning it is not yet a foreclosure; the owner may still have time to pay their missed payments plus any fees and keep their property.  The borrower has multiple choices instead of allowing a foreclosure.   

If you are that distressed borrower reading this, call me right now, so I can help you avoid a foreclosure, but you must act fast.