Bank Foreclosure - Bank will not accept offer.

[Bill Hancock]

A large national bank has owns a foreclosure and is currently trying to sell it.  I have submitted a couple very reasonable offers below there list price.  However they keep coming back with "list price."  The pictures on mls appear to be from the early winter or possible pre-foreclosure.  The house is in worse shape now, when viewing it in person.  Is it possible the bank thinks the house is better condition than it actually is?  

Any strategies on getting the bank to accept a reasonable offer?      

Is it worth it or possible to write in the offer/contract, why you are offering X amount? B/c the house needs x, y, z repairs. 

Thank you for any help.  

[Lynn McGeein]

It's possible it's a sale of a reverse mortgage where they are required to attempt to sell it, I believe, at appraised value for a specific period of time.  If it's listed, an agent should be able to tell you if that's the case.