[quote=sdrealtor]ocr,
My point wasnt that I thought it a legitimate offer as I dont. Its just not a very desireable property relative to the camphor property I referenced. They just need to get something in to get the process rolling and to see what it will take. To me there isnt anything fishy but rather someone trying to find out what it will take to get this one sold.

In the comments it says they have accepted a cash offer. My guess would be an investor who wants to flip it if they can get it that cheap. They have a first with CW so this is gonna hang out there for many months and the most likely outcome (I’d say 95%) is they get countered above 800K and it comes back as a previously approved short sale in need of a new offer.[/quote]

i know what you are saying, just saying it may be pig-lite, not a down-and-out-pig. I’m personally reserving judgement since there are no other pics available.

cash offer or not, it doesn’t seem like the realtor involved allowed for other higher offers which would improve the chance that the offer would be accepted. seem like the realtor involved is playing favors by allowing his/her cash client first dip instead of finding out what the highest offer would be in the open market.