I'm currently under contract on a 4-unit building Freddie Mac foreclosure in Baltimore city and the copper pipes have been stolen while under contract.  So this deal has been crazy from the get go dealing with an un-interested listing agent with shady dealings.  Even when the unit was vandalized, the listing agent did not tell the asset manager until I sent in an addendum two weeks later asking for the damage to be repaired or price reduction.  So the bank gathered their contractor bids, police report and etc and countered my price reduction today.  Since its four units, I requested a 50k reduction due to the bids that I received. Their contractor provided a 25k bid however the bank responded with only a 10k price reduction.  Has anyone had any experience with negotiating with REOs after vandalism has taken place at the property while under contract.  I don't understand why the bank would only offer a 10k reduction when 25k worth of damage has been reported.  Any tips on how to move forward?  My contract does say that the property is sold "as is" of the date it was executed.