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Federal Deposit
Insurance Corporation

Each depositor insured to at least $250,000 per insured bank

Real Estate Sales Frequently Asked Questions (Q&A)

  1. How does the FDIC acquire real estate?

    The FDIC acquires real estate from failed financial institutions.

  2. What types of real estate does the FDIC sell?

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

  3. Where can I find a listing of FDIC real estate?

    The latest inventory of real estate currently available for sale can be found on the FDIC Real Estate For Sale web page at www.fdicrealestatelistings.com. It is subject to change as properties are acquired and sold.

    This online listing is intended to provide interested parties with preliminary information only. It is not a solicitation of offers and does not constitute an offer to sell. Information therein is provided for the purpose of inviting further inquiry, and has been obtained from sources believed to be reliable. The FDIC does not distribute hard-copy printed property listings.

    To subscribe to various online FDIC alerts, news releases, reports and other consumer publications, including FDIC real estate flyers, go to: https://public.govdelivery.com/accounts/USFDIC/subscriber/new.

  4. 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.

  5. 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.

  6. 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.

  7. I am interested in a property that I thought belonged to FDIC. How can I find out who owns it?

    If your property of interest does not appear in the latest inventory of FDIC real estate properties currently available for sale at www.fdicrealestatelistings.com, contact your local county clerk or recorder’s office, or local title company for information. They can assist you in procuring a copy of the property deed, title, and/or other publicly available documentation to confirm ownership.

    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.

  8. 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.

  9. 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.

  10. Does the FDIC provide seller financing?

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