Listed SS is abandoned - good or bad?

[George P.]

Came across a listed SS (on the market for months already with asking price gradually dropping from 160 to 125).
Drove by it and discovered that the property is vacant:

The property does not look so bad. Kind of jungle in the back, but not so bad in the front:

The TH was purchased back in 07 for 220k, 100% financing. Current lender - BOA (just purchased the loan in September, 3 weeks ago).
If in good condition inside, worth about 115-120 (currently listed at 125).

I didn't contact my agent to look at it yet, just doing preliminary DD.

* Vacant - is it good or bad for the buyer; would the bank be more inclined to sell faster?
* BOA - I understand they're tough to get a discount from ? When they purchased the loan, the property was listed as a SS already.
* Are my chances slim to none to get it for 105k?

Would like to buy and hold for good - decent area with rents in 1300-1400.

Any feedback is appreciated.

[Bienes Raices]

I've never seen that "abandoned" notice but I did go to one vacant short sale where personal mementos and clothes were thrown all over the place, and the back door was wide open.

I think it is good news for you as a buyer, if you are interested. I had one short sale I made an offer on that was vacant and in poor condition inside and the listing agent told my agent that the bank was aware of the condition and "ready to liquidate".

Does the listing say if the short sale price is Approved, or if a negotiator has been assigned? In that case you may have more bargaining power.