Bank foreclosure what to offer?

[Chris C]

i have a bank foreclosure right by me the house was built in 2000 very nice house its around houses priced well above 200k they have it priced at 149k and the bank bought it at the sheriff sale for 114k so i was wondering if the 149k price would be negotiable or do you think they are going to be pretty firm on it? also i have someone who is willing to work out a contract to just rent or a rent to own and they are able to pay over 1000 a month rent who may be interested in this so i was wondering if this would be a good or bad idea to try and get this house then work out a deal with them figure that way they would be paying the house off for me any input would be appreciated thanks