A buyer who wanted to purchase one of my short sale listings last year contacted me and let me know he was interested in purchasing another one in that community. While doing the research I noticed that the short sale which was declined by Freddie Mac because the contract price was "too low," sold for 40k less at the courthouse! Did they just need to keep it on the books until after the first of the year or what? This is really hard for me to understand. Would someone please explain it to me? What is the thought process of the final decision maker on these?