If it is an exception the bank owned will likely be thrown away as deficient by most buyers and all agents.
I had a chance to talk to a guy who purchased model match to a bank-owned that sold two months earlier for 20% less. He was confident that there is either something wrong with the house or with the transaction.
The listing agents I talked to shared the sentiment for the bank-owned houses. You bring up a bank-owned comp, they dismiss it as irrelevant.
Now, if you have one coming online every week that will cause a problem since your potential buyer would have a chance to go for that one instead of yours (obviously, they cannot purchase that one that is already in escrow).
