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Real Estate and Property Marketplace

The FDIC sells real estate retained from failed banks. You can find out what's available or learn more about buying from the FDIC.


Upcoming Events

Asset Sales Event Calendar

Regional Meetings, Auctions, Sealed Bids. See more

FF & E (Furniture, Fixtures & Equipment)

Other Assets from Failed Banks - Offering Announcements for Asset Auctions of Trucks, Trailers, Vehicles, Office Furniture, and Equipment. Learn more

Special Real Estate Events

Sealed Bid Sales and Auctions for FDIC Owned Real Estate. Learn more


Bargain Properties


SELLER HAS NOT MADE, DOES NOT MAKE, AND SPECIFICALLY NEGATES AND DISCLAIMS, ANY REPRESENTATIONS, WARRANTIES, PROMISES, COVENANTS, AGREEMENTS, OR GUARANTIES OF ANY KIND OR CHARACTER WHATSOEVER, WHETHER EXPRESS OR IMPLIED, ORAL OR WRITTEN, PAST, PRESENT, OR FUTURE, OF, AS TO, CONCERNING, OR WITH RESPECT TO THE PROPERTY OR ANY ASPECT THEREOF. The property will be conveyed by quitclaim deed without covenant, representation, or warranty of any kind or nature, express or implied, and any and all warranties that might arise by common law and any warranties created by statute, as the same may be hereafter amended or superseded, will be excluded. All properties will be conveyed by the FDIC's Quitclaim Deed standard form of Real Estate Purchase and Sale Contract without any changes being made thereto, and the terms and provisions of that contract will govern any transaction.

If you are having problems printing the PIP: Please call: 1-888-372-FDIC (3342) for Hard Copy of Property Information Package.


There are no bargain properties at this time. Please check back again soon.

How Can I Buy Property?

Certify for Purchasing

Complete a purchaser eligibility certification before making a purchase.
Purchaser Eligibility Certification – PDF

Frequently Asked Questions

Learn more about the ins and outs of buying real estate from the FDIC.

Other Real Estate Concerns

Oil, Gas, Water Mineral Interest

FDIC does not reserve mineral (gas, oil, water) rights in its owned real estate (ORE) conveyance deeds. Instead, FDIC obtains oil & gas interests in one of three ways. Learn more

Community Affairs

Alliance for Economic Inclusion (AEI)
Help bring all unbanked and underserved populations into the financial mainstream.

Money Smart for Small Business
A new instructor-led training curriculum developed jointly by FDIC and SBA.

Financial Institution Letter
A resource guide to help financial institutions evaluate opportunities.

How does the FDIC obtain real estate?

The FDIC retains real estate from failed financial institutions and may obtain additional real estate through foreclosure.

What types of real estate does the FDIC sell?

The FDIC sells various types of real estate including commercial properties, multifamily and single family residential, developed and undeveloped land, and bank branches.

Where can I find more details on FDIC real estate?

The online listing for each individual property owned by the FDIC will typically include the name, phone number, and e-mail address (if available) of the local real estate agent and/or broker, and the FDIC real estate contractor. Any of these parties will be able to provide more details on any property of interest.

How does the FDIC market and sell real estate?

Properties are generally sold individually through listings with local real estate agents and/or brokers, who are hired by FDIC real estate contractors to assist in the marketing and disposition of properties on behalf of the FDIC. Occasionally, the FDIC conducts open “outcry” and online real estate auctions.

All properties are sold on an “as is, where is, with all faults” basis. The FDIC makes no guarantee, warranty, or representation, express or implied, as to the location, quality, kind, character, size, description, or fitness for any use or purpose, now or hereafter with regard to any of the properties listed.

Where can I find information on FDIC real estate auctions?

Auction announcements can be found on the FDIC Special Real Estate Sales Events web page at https://www.fdic.gov/buying/owned/special/. Advertising may also appear in local, regional or national newspapers or other media in each event’s local and/or regional area.

If, after that, you need further assistance, contact the FDIC Owned Real Estate Department at RealEstateforSale@fdic.gov or (800) 568-9161, and be prepared to provide the subject property’s name and location, deed or deed recordation, and/or any other additional title documents.

How are list prices established?

List prices are established by a variety of factors which may include, but are not limited to, independent appraisals, broker opinions of value, property condition, time on the market, and/or current market conditions. List prices are subject to change without notice.

When the FDIC receives my offer, how is it evaluated?

Various criteria are considered when evaluating offers from prospective purchasers. They include, but are not limited to: appraised value; purchase offer amount; earnest money deposit amount; how the purchase will be funded (e.g., cash or financing); due diligence, inspection, and closing periods; net sales proceeds; and the submission by the prospective purchaser of all complete, fully executed documents required by the FDIC.

The FDIC reserves the right to accept, reject, and/or counter any offer. While reviewing such offers, the FDIC further reserves the right to continue its sales efforts, including responding to any other inquiries or offers from other parties concerning the purchase of a property.

Does the FDIC provide seller financing?

The FDIC does not provide seller financing for the purchase of real estate.

Sample Purchasing Contracts

Required Documents for Becoming a Purchaser

PDF

Purchaser Eligibility Certification (PEC) (Required of Purchasers for all Transactions)
Complete this if you would like to purchase property. 2Mb

PDF

Non-Disclosure Agreement For Owned Real Estate
Required for all purchases. 1Mb


Federal Regulations and Program Advisories

PDF

Tenant Protection Act
Title VII of Helping Families Save Their Homes Act of 2009. 3Mb



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