Interested in a house listed as a short sale? What are some tips?

The house is on sale for $ 139,999. I am planning to offer $ 120,000. This house has been on the market for about a month. I have an appointment this Sunday to actually go inside the house and look around. So far, I like the house. The seller claims to have fixed mostly everything inside and outside the house, and it looks like the claims seem to be true from the pictures. What are some useful, good tips? Should I reconsider this? What are some advantages and disadvantages? Please help. Thanks!

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