This home is a short sale. An offer has been accepted and now sent into the bank for approval. The listing agent is accepting back-up offers, and the home is available for showings.
Since this is also in the market conditions section I will say this: Splits under $150,000 are very challenging to purchase that do not need a lot of work. I have advised many buyers to have FHA 203k as a back-up plan, or wait a little longer until they can get approved for conventional financing.
That is because once you get under $135,000 a lot of splits will not pass FHA financing, or even if they do there is much competition and multiple offers.
Plan early for market conditions so that they line up with financing correctly. Now that we are in a seller's market this is a crucial step many do not take, and it burns you once showings begin.