The bank has lost a bunch of money and they are not willing to put any more into it.
When they sell an REO, they normally price it to include a factor for the Condition and the work that needs to be done: If they are not pricing it right, you won't buy it.
Good luck and may God bless
You need to understand that by the time a property has been foreclosed on, the previous owner probably hadn't paid their mortgage in over a year (it's an average of over 500 days from the first missed payment to foreclosure), trashed the property and left the financial institution with back taxes, title issues, water bills, electric bills and the large cost of actually filing and recording the foreclosure. On top of that, they are selling the property for less than what was actually owed so the losses add up quickly. It would be an unusual for a bank to take on the repairs that you ask but on the flip side, it certainly doesn't hurt to ask. The worst they can say is no.
Do banks like to sell "as is", yes.
You will have to make concessions - Location ? Condition ? Price ?
Based on the requests you have, I would suggest you buy a newly constructed home at a price and an area you feel comfortable with.
Good luck in your search,
You do not specify the address so it is hard to speculate what the seller will or will not do. I am assuming by your question that it is a bank owned property. If this is accurate, the bank most likely has already set the price at 65% of market value (give or take) and will be selling the property "AS IS". Hope this answers your question but feel free to contact me directly if you have further questions as I know the area well.