HELP!! REO Owner Occupant (or not?)

[Sherilyn Spears]

Hi all. 

I'm in a frustrating situation that I would love to get some opinions/insight on!

I have recently submitted an offer on a foreclosed property that has been on the market forever. The MLS description even describes it as investor friendly, though upon submitting my offer and recieving the banks addendums there were two outling owner occupant rules. Move in in 60days, cant sell before a year, etc.

Of course my agent spoke to the seller agent and demanded clarification. Owner occupant properties are clearly not uncommon, though one should share that and not market to people that want to rehab. The home mind you is nearly unliveable, which most local families wouldnt have the finances to pay for the repairs. Anyways, the selling agent beat around the bush, wont give us an asnwer. Said to cross that addendum out and see what they say. 

Does this seem off? Wouldnt if the home was a buyer exclusive be a major thing to be outlined prior to it even being listed with this agent? Shouldnt she have the contact info to find out?

I'd hate to miss out on this home, but I dont want to lie and risk being sued. Especially since this seems like such a simple question. 

Thanks in advance for any insight!