...$229,900 too low? I found a house that I love but it is a little bit above my budget. It is a short sale home financed by a local bank that is having major financial trouble(sounds like they could even be non existence within the next year.) Will my offer be too low at $185,000? What are the chances they will accept because of their financial situation? Do banks consider the fact that winter is coming and they will have to heat the house if it goes in to foreclosure? Or that taxes are coming due soon and they wont get anything.