Recieved a verbal offer on a property, pls help decipher

[Allan R.]

Have a property for sale that I owe 130k on the mortgage. Recieved (I'm guessing a verbal) offer that states:

Offer Price:$229,000

DN pay: $10,000

Assume existing loan.

Yes I have already asked my realtor to ask what the buyer means. Any thoughts?

[Wayne Brooks]

Translation....”I only have $10,000, no chance in hell of qualifying for a loan, looking for a sucker to finance a house for me with 5% down” .....or, “I’m a wholesaler looking to flip it to some other unknown person, described above”.