Made an offer on a bank owned propoerty

[Matt Sturm]

Hi-  I've made an offer on a bank owned property.  I was then asked to give my highest, best offer.  I provided that (only 20k away from their asking price)  I just received a notice that they countered at 1k less than their asking price.  Is this common on bank owned deals?

The deal still works at their counter, but I don't want to pay more thank I have to.