Unfortunately this is happening all over the country right now. The banks are looking for the cleanest offers with the fastest closings and most are accepting low cash offers as opposed to higher ones with financing contingencies.
I am working with buyers in your situation right now, and know how frustrating it is. Fortunately there are a lot of available properties and sellers are willing to work with offers. Keep your head up, I'm sure your buyers agent will be able to find you a great property. You might have to put in a few offers, but one is bound to be accepted!!
The Kibec Group
Keller Williams Realty