Are there special forms required to submit an offer on a bank owned property?
No. The offer can be submitted on a standard contract. Most banks have addendums that will be added after the price and basic terms have been agreed upon. The addendums will be sent to you for buyers signature after your offer has been accepted. No changes may be made to any bank addendum. These are required on the sale of every asset in the sellers portfolio. No changes will be accepted.