citydweller the listings are real and not a mirage. Amy Green at Prudential has alot of foreclosure listings and they are all on the MLS. Here office uses the price in the basement mentality to get alot of offers and eventually they all get bid up. I would very much imagine this is the case for the Rancho Mission listing. At 119k this is home absolutely pencils out. So my read is that this is getting bid up as we type. The Friars Rd listing as you pointed out is a short sale and it will take much longer to process. It may indeed also have offers on it already.
