Dealing with bank

[Damien Cox]

I found what looks to be an ok deal. A vacant property owned by an out of state bank (from chain of title it looks like a credit default swap) that's approx 80k under median value. I have  not inspected the inside but from tbe outside I have not seen any issues yet. My question is A) Who at the bank do I contact about the property and B) In these situations do banks take less than they got it for just to get it off their books and C) How are successful offerss presented to banks with these types of properties? 

[James Enright]

If it is REO /bank owned, the property will be eventually listed with a realtor and put in MLS. Then slim chances of talking to anyone from the bank. When listed from bank, it is generally overpriced to begin with and will have to wait at least 90 days or so before a reduction comes down. First 15 days are given to owner occupied then investors are invited to bid.

[Damien Cox]

How long is eventually?  The bank has had it for almost a year and its not listed, just sitting vacant.