Yep those sound like really good deals, I had a friend who had an offer accepted on a bank owned property in Temecula (his retirement place), it was supposed to close on June 2nd, he is still waiting to hear from them. He called the realtor he was working with as well as the Bank but got the same answer from both, Don’t call us , we will call you when we are good and ready,
Be careful, seems some of these banks maybe playing games of some sort;
Also check to see if there is a clause something like “subject to investor approval” .