Northeast Foreclosure, Appraisal Issue

[Daniel Stangarone]

So I have a foreclosure that I found in Connecticut that I really like the location for. The house was in the middle of a major renovation and is basically just studs and needs all new eletrical, plumbing, sheetrock, flooring etc. I found the appraisal from the foreclosure court records and the problem is the appraisal was done from exterior only and came in at $270k based on comps that we're finished. The listing only has a single exterior photo and the bank priced at $300k and it appears they are not aware or factoring in the interior condition. I know the way banks usually review their foreclosure offers so my question is should I wait for reductions or should I submit an offer now with photos documenting the interior condition? I would think the bank may not even be willing to look at the photos but wondering if anyone has run into this before and what they did.