Bank Owned Foreclosure and Offers

[Nick Dillaha]

Question BP family, Do banks ever accept cash offers less than they get a property back for? For instance, I’m looking at a local foreclosure and the price is $90k, and the county website shows they took back the property at 90k. Do they ever accept lower offers if paid in cash?! The ARV should be around $160k to be safe and needs around $25k in repairs. Thanks!!