[gily25]

Originally Posted by boxer 2.5

Nope. http://newjersey.craigslist.org/cto/4184080770.html
Emailed him, offered 17,500, he came back with 18,500.

They're cheap.

Most likely, tying to back out of the loan rather than get private party value. Willing to take a hit because the owner can no longer make the payments.