As of early December, it’s hard to determine if the banks are willing to deal on disposing of their REOs by year end. I’ve seen increased movement by banks to lower sales prices when presented with comps showing lower values once the title work has been initiated. We’ve had some properties appraise lower than expected and the banks have decreased their sales prices by over $10k! Don’t be shy about going back to the seller to renegotiate your purchase price. You might now always get it, but it doesn’t hurt to ask. Call me if you want to discuss my experience with this.