Buy/Flip from other investors?

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Hi. Brand new here. In my area (Baltimore) I see a ton of homes purchased, fixed up, and put on the market for fair value.
However, these homes are on the market for 4+ months, and the seller
is "Motivated", "must sell", "any reasonable offer".

I can see by the tax records that these homes were purchased late last year and '07. They added a new AC, kitchen, bath, etc, and now the homes are sitting empty with the investor itching.

My question is, I have financial backing, and cash, and would like to know
the possibility of the investor just wanting to get out of the property? They bought it for around $160K, put some money into it ($20K) and now are asking $269K and no bites for months. What are the chances they might be willing to take $190K-$200K cash/quick closing, then I turn around and maybe auction it off for $245 or so? Why wouldn't they just auction it off?

Thanks BG