Cash offers are always the best way to handle bank owned properties. The biggest issue with bank owned property is the delay between offer and return and acceptance. In many cases they are taking 30-45 days to respond to offers which is beyond acceptable timeframes. That being said banks are being more open to offers as long as they are strong offers. In order to be a strong buyer the offers need to be clean. Clean means that you are strong buyer with good credit and the offer you write does not have all sorts of contingencies. Using the existing bank to carry the new loan is also helpful. You can also look at short sales opportunities which has a better response time and in many cases can get good deals. We are always there to assist in helping people achieve their goals.