FWIW, I know someone who was very frustrated w/attempting to buy bank owned and seeing banks take a lesser offer cash, rather than their higher offer, but loan. Eventually they just were able to get cash from parents and made a lowball offer on a bank owned. They were successful in getting the house, then they did a loan on the house and paid the parents back. I don’t know if that’s an option. Just bringing it up. I’ve seen the bank be more inclined to go w/cash offers.
