First time homebuyer and Foreclosure homes in KY : RealEstate

We’ve been preapproved, husband is an electrician who understands what it takes to get homes up to code. It definitely needs some work.. things we can tell are all fuse panel, bathroom remodel and a French drain because there looks to be some flooding since the house is lower ground but no flood zone. We’re looking to get a house to pay off sooner than later so this house is 75k in KY. Since it’s bank owed I know they’re not wanting to fix these but would that mean the 75k isn’t negotiable?

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