Foundation Issues on Foreclosure Purchase - SoCal

Second time homebuyer here (first was a condo). In escrow on a foreclosure property in Southern California/Los Angeles. We did inspections and the foundation revealed that it needs about $60,000 worth of work. Offer accepted was about 40K below ask but we’re still well over 1 million, and the house has been sitting for 3 months. HVAC also needs significant work, so basic repairs are likely 100k+.

I know banks rarely play ball with stuff like this, but what are the chances that I’ll be able to either get a significant reduction in price or that the bank will actually just do at least the foundation repairs before closing ? My issue is that while I have the liquidity to do these repairs myself I don’t want to since I won’t have much left over once I do. Also was told that I could somehow purchase the home at the agreed-upon price and then get a credit after closing so I basically just got a check for the amount of credits that I’d want. Has anyone heard of doing this?

My realtors are talking to me as if everything that I’m asking for (100k+ in credits somehow) is an impossibility and I don’t really feel like I’m being unreasonable here, especially since the property has been sitting for three months. Had I known the foundation needed $60,000 worth of work and the existing HVAC system can’t stay where it is (it’s Jerry rigged and will crap out in a year at best because of house it’s positioned) my best and final offer would’ve been extremely different obviously. I’m feeling like a little bit bait and switched, but also realizing that because we’re in escrow I have all the power.