This home is a poster child for why some short sales do not get done. First red flag. On the MLS listing history the home went from Active to Contingent status on the first day it hit the MLS. Then the home went from contingent back to Active, in Novement. Then it was moved to Pending. Then on the 28th of April it was moved back to Active with the price moved into the present price range.
My guess is that they had some sort of funny business with the first offer, probably simply to stave off the foreclosure. Did I say there was also a Notice of Trustee sale the week before the home was put on the market? At any rate the listing agent is also someone I have not heard of working for an office I have not heard of. So I think they tried something funky at first, and it didn’t work. So now they are probably scrambling to get another short sale offer into the lender.
