Are you asking for credits for the loan? What other contingencies do you have? We found that if we shortened the inspection contingency to 10 days and offered a 30 day or less escrow, the banks were pretty keen to counter with us. What are you offering for earnest deposit? They really like at least 1% of the purchase price.
As far as the FHA goes, you need to make sure that the property doesn't need anything major or else FHA won't take it. The problem may be that the bank doesn't know if the property will pass FHA or not. The listing agent should be able to speak iwth the asset manager to discuss whether the property is at risk of falling outside of FHA guidelines without any repairs or credits in escrow. You may also have the option of putting required repairs in an escrow account. The agents should be able to discuss this.
Many banks I have worked with will not even respond to an offer with ANY contingencies, and many will not respond to goverment backed loan programs unless it`s rehab because they don`t want to deal with passing inspections or instituting repairs.
You may end up waiting a couple weeks for answers - you may end up waiting months for an answer.
Banks work at thier own pace, under thier own guidelines.
You really should have an agent who is experienced specifically in REO property to handle these types of things for you. It sounds like if you have an agent working for you - they either do not know, or did not bother to explain the process to you.
If you do not have an agent working for you on this - get one, asap. This is not something that even an educated and intelligent person can do easily - and honestly most agents even have a hard time doing it right.