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This property accepted an offer on 5/13/13, and is currently in escrow. There is a possibility that it may not work out and the property may go back on the market.
Feel free to contact me directly if you would like me to find out more information about the property, or if you would like me to send you a list of available properties in the area.
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Are you familiar with the process involved in "short sales", as opposed to a standard or 'regular' sale? It can sometimes takes months for a listing to go from PENDING, which this one is, to SOLD. The interim is just kind of a limbo for buyer and seller. Some sellers accept Back-up offers during this pended period.
A back-up offer is kind of similar to standing in line, waiting for a turn. If the current offer falls through, the seller will then go to the back-up offer at the front of the line, and contact that buyer to see if they're still interested.
'Hope that helps,
This is a short sale property that the Lender has not completed their process of approving a sales price. When the Lender comes back with the minimum sales price they will accept for the property. The buyers have an option to purchase or let the property return to the market.
Keep in contact with a REALTOR* for updates on the properties status.
Rodriguez and Associates Real Estate