No this is not bank owned. It was purchased by an investor who flipped the house. I was able to go on a website and see the house prior to it being redone. Actually the investor put in a new flooring, tile and carpet, surfaced the countertops in the kitchen (the upgraded cabinets were already there) and put a backsplash. He also put a new vanity in one of the bathrooms. The master bathroom still has the old stuff in it and needs to be redone and in the other bathroom he put in a double sink and it is almost on top of the toilet so the toilet will need to be moved. The ac is old and needs replacement as well as the pool equipment. The windows are also old and he put new doors on the front of the home but they are not exterior doors and have no weather stripping.They also painted over a border in the living room. Although these are not big things, I believe the investor paid around 112,000 and the purchase price is 189900. I am fortunate to have a husband who is able to take care of most of these minor flaws so it won't cost a fortune. I am still waiting for the lenders approval. It was suppose to get the approval on Friday but I spoke to the other lender who informed me that they are the preferred lender for many companies and that his assistant was out and obvioulsy he was extremely busy. I will give an update on what happens. If things don't go well, then we are back out to our next adventure searching for another home.