I have other clients submitting offers on Palm Springs Villas foreclosures lately. So far the lowest priced unit that has sold as been in the $60,000's. We can certainly submit any offer, however, most banks will not respond even if the price is less then 10% of asking in general. The bank will consider more then just the price on your offer; particularly is it all cash? is there financing, the contingency removal dates, etc.
I'll be happy to help you put together the strongest offer possible if you're not already working with another agent. I have been extremely successful with multiple foreclosure deals this year, getting them accepted and closed on a timely manner. Please let me know if I can be of service.