Foreclosure listings and REO properties

[Erin Bergold]

Good morning everyone! I'm researching the concept of investing/acquiring pre-foreclosure and foreclosure properties for STR/MTR/house hacking. I have a strong background as a title abstractor, so I wanted to see if my research skills could help me land a nice deal or two this year.

That said, as a newbie to the field, I wanted to see if anyone could tell me on the example listing below, is the listed price the "buy-it-now" price, or can it be negotiated? If the latter, is there a certain methodology to conversing with banks about their REO properties?

I'd love to connect with any experts out there on this topic. Any relevant article/book recommendations are welcome also. Currently listening to "Bidding to Buy" on audible.