Why is 27 VERMILLION, Irvine, CA 92603 Selling So Soon?

[Quail_Hill_Renter_IHB]

I was searching properties and I came across this quail hill condo. The seller purchased the property 9/25 and less than a month placed it back on the market on 10/18. Anybody have any idea why this seller is selling so soon?

MLS S509836

http://www.redfin.com/stingray/do/printable-listing?listing-id=1224571

Last Sale: 09/25/07

Sales Price: $546, 079

List Price $540,900

Listing Date: 10/18/07

 

[No_Such_Reality_IHB]

Bank Owned Property.

 

[caycifish_IHB]

Priced to move, bring the bank an offer today!

Yeap.

 

[cdm__IHB]

The 9/25/07 date is the Trustee Sale date.

 

[wendyinoc_IHB]

Is this propery banked owned? P611127 It looks like it had a sell in Nov however they wording in the add says they are moving?