If it is a bank owned property, it is probably in a multiple offer situation. The bank was looking for all prospective buyers to come in with their highest and best offers by 7/12. You will be notified only if your offer was selected. Keep in mind, however, that many bank owned properties sell above asking price.
Best of luck!
Carey T. Hansen
"Your Real Estate Agent today, tomorrow and into the Next Generation"
1243 Commonwealth Ave.
Allston Ma 02134
Fax : 888-875-6973
Licensed Real Estate Professional