The information about the unit is correct, relative to size, last time sold. etc. It is a short sale and waiting for lender approval. This asking price was far below value and depending upon the price that was negotiated, it may take the lender some time to approve the short sale. I have learned that the greater the amount the lender has to lose on their loan, the longer the approval takes from the lender. Some lenders are fairly paralized when processing the short sale requests. They will even retain consultants or negotiators to recommend a price...I think so the lender or people working for the lender can avoid bottom line responsibility for approving a big money loser for the lender. I recently had a short sale in San Ramon that we pulled away from after 5 months. It was a poorly orchestrated process, and the loan balance was over $200,000, above the short sale price, which supports my theory.