Narendrasaud_81, The property 2045 5th Street was listed April 2013 and sold August 31, 2013. It was a short sale.
If you are interested in purchasing a short sale, you will need a mortgage pre approval or a letter from your bank or brokerage showing proof of funds. This documentation has to accompany an offer submitted by a broker on your behalf.
As the listing inventory is very low, working with an agent especially in the price point of 100,000 and under is highly recommended.
If the loan program that you qualify for is FHA or USDA, then the property has to be in good condition or the problems will have to be corrected by the seller prior to closing. For example, if the roof is leaking FHA or USDA will require correction or remediation of this issue prior to closing or money set aside at closing for repair within 30 days of closing.
Most Sellers are aware of this potential cost to them and set up their interest for a cash offer preferrably over a financed offer. This does set up an unlevel playing field, which would be best handled by an experienced agent able to "elbow" your financed offer as the one selected by the Seller.
Brock Realty Inc.