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Are foreclosure homes going above asking?

Long story short: wasn’t planning to purchase a house, I rent ($2k+ a month, yikes). Found a home listed on Zillow as a foreclosure listed at $159.9 asking.

Brought contractor with me to showing and there’s no structural issues, and could be move in ready (not my personal taste but to each their own). Realtor advising me to just wait for something else because seller won’t do repairs if inspection finds anything. I’m not really that scared about it (blind confidence lol)

My question is: it’s a bank owned foreclosure listed for sale, not a traditional online action so I don’t think I will be able to see other offers? I want to offer 10k below asking because I think that’s more in line with what it’s worth, especially with interest rates right now. However, I do want this house!! Lol

(It’s not that I don’t trust my realtor, it’s just always good to get other opinions & I think generally she doesn’t like foreclosure homes)

Anyone have any recent experiences with this type of foreclosure? Are they going above asking price? Below? Or just general advice haha

submitted by /u/Outrageous_Page_5552
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source https://www.reddit.com/r/RealEstate/comments/174ko2d/are_foreclosure_homes_going_above_asking/
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