Only when bank accepts your normal contract offer

then they will send you an addendum to sign. You can't get it signed yourself. This addendum will be from the bank who must accept your offer. The original sales contract may not be binding without you sign the addendum. Once addendum is signed, it will be final.

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Thank Miat42. BTW, what is addendum about and -美西游子- 给 美西游子 发送悄悄话 美西游子 的博客首页 (177 bytes) () 11/05/2008 postreply 10:37:29

Addendum is just the modification of the original contract -CaLoanAgent- 给 CaLoanAgent 发送悄悄话 CaLoanAgent 的博客首页 (127 bytes) () 11/05/2008 postreply 10:56:25

addendum is just some more detailed clause overriding -miat42- 给 miat42 发送悄悄话 miat42 的博客首页 (474 bytes) () 11/05/2008 postreply 10:57:54

Thank both. May I bid on 2 or more REO -美西游子- 给 美西游子 发送悄悄话 美西游子 的博客首页 (60 bytes) () 11/05/2008 postreply 11:17:07

In California, you will send out 5 to 10 offers -CALoanAgent- 给 CALoanAgent 发送悄悄话 CALoanAgent 的博客首页 (71 bytes) () 11/05/2008 postreply 11:22:17

Yes, you may. You sign addendum for those you really want to buy -miat42- 给 miat42 发送悄悄话 miat42 的博客首页 (0 bytes) () 11/05/2008 postreply 11:27:01

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