Best of luck to you!
Please see my blog with tips and advice on how to find and make offers on bank owned properties
result in "over-bids". They are "as-is" and subject to your inspections (i.e., termite, structual, etc...) typically within 7 days from your acceptance date. In todays market, depending on the market activity in your area, expect to compete with all cash buyers, which are preferred by the lender/seller.