Forcloser Opportunity

I found this house at

LOT 8, BLOCK 9, ARBOR MEADOWS SECOND SUBDIVISION TO THE CITY OF LOVELAND, COUNTY OF LARIMER, STATE OF COLORADO.1491 Chickadee St., Loveland, CO 80537. The lenders bid amounts opening big is at 124,900.00 and in zillow the prices are hovering around 170-180k for the houses in that sub division. I think this would be a great opportunity to get a great deal on this house.