[quote=SD Realtor]I didnt look at the listing. If it is a short sale though, they may have submitted a previous offer to the lender and the lender booted it and said, they will not take anything under x$.

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Quite possible.

Problem is, a slightly smaller REO in the same subdivision closed two weeks ago for 529k. Even if they do get an offer for 668, it is unlikely that the house will appraise for that amount.

The “licensed real estate agent” has a good chance of celebrating next Thanksgiving in this house.