Also the price has never been approved and based on the CoreLogic automatic valuation of $144k and a possible $169k value depending on upgrades, etc, it's highly unlikely to be approved to sell over $20k below market. Sometimes Short Sale lenders will get faulty Broker Price Opinions but nowadays I'm seeing the Short Sale lenders (who will be taking a significant loss) requiring a sale price well above market value.
So if the "required price" comes back at $150k are you still interested?
Also from my experience unless you are able to pay ALL CASH, it's highly unlikely you can even get a backup contract on a Short Sale.
If you're getting a mortgage to purchase, go the full steps to get a Lender Comittment Letter with the only contingency of a clear title and an appraisal and it will allow you to compete in our current SELLER's market in your price range.
Ask your Realtor for a Listingbook account so you can search with the most up-to-date info and also get morning emails of new properties that fit your criteria so you do not miss out on opportunities.
If you're not yet working with a Realtor, you're welcome to sign up for a free Listingbook account on my website: http://www.SoldOnTampa.com
All the best,
Alma Rose Kee, PA
Future Home Realty