Hi there, Tricia! Good luck to you! A bank is made up of a bunch of human beings - so, there are all sorts of different folks handling the sales of foreclosures on behalf of lenders. Lenders put guidelines in place to control the process, but a lot about the process is controlled by people. So, it is a case by case thing. Based on experience, depending on the strategy being used, a bank will list a property and then accept offers from potential buyers for a certain period of time, then accept the offer with the best terms (balancing price, financing terms, etc). The short answer is "probably yes." If you don't have a real estate agent representing you yet, get one - this is a complicated process! Find an agent so that you have access to all of the knowledge and experience the agent has and so that you can best formulate a strategy to make yourself THE buyer of the home you like!