This is a pretty good location between Pomona and Williamsburg. Are you already working with a realtor? My name is Sarah Klamm and I am a Realtor with Layton Real Estate in Wellsville. I am very familiar with this location, in fact, my husband and I own the property across the road. If you would like me to do some comparisons for you or show you the property, let me know.

I would get a buyers agent to represent to represent you to evaluate the work that needs to be done and make the offer that you feel is realistic. The bank may not do anything, but then the bank will continue to reduce the price the way they are doing it until they hit a number that gets people excited.