Umm… why do you call it reading between the lines? The text you quoted was the very first sentence in the remarks section. It seems pretty straight forward to me. The seller wants to remain in the home and lease it after the sale. So if you are someone looking to buy a rental you have an instant tenant. If you are looking to occupy the home, then obviously this is not the home for you. Given the fact the home has been on the market over 300 days and a notice of trustee sale was issued in March of 2010 eventually the homeowner will get booted after an eventual trustee sale.
I don’t know why this appears to be something between the lines.