Hi, I'm looking at a REO property (3fam) in a decent area B- C. I did a walkthrough of the property and put in an offer, the offer was declined. I want to put an offer on the higher end but my agent told me it will most likely get declined as well. His reasoning is that the bank owns the property and they will not go below the L/S. In my new offer I want to include reasonings. Fire damage, new plumbing, leak repairs etc. Do the REO agents have some leeway in the price? Or is it more or less set in stone until the bank says otherwise? Should I submit a multiple page offer when the reo agent clearly states one page state contract? Any advise will help. Thank you.