Questions and Answers
Does the ¶à±¦ÓÎÏ·ÏÂÔØ provide seller financing?
The ¶à±¦ÓÎÏ·ÏÂÔØ does not provide seller financing for the purchase of real estate.

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."

How does the ¶à±¦ÓÎÏ·ÏÂÔØ market and sell real estate?
"Properties are generally sold individually through listings with local real estate agents and/or brokers, who are hired by ¶à±¦ÓÎÏ·ÏÂÔØ real estate contractors to assist in the marketing and disposition of properties on behalf of the ¶à±¦ÓÎÏ·ÏÂÔØ. Occasionally, the ¶à±¦ÓÎÏ·ÏÂÔØ conducts open “outcry” and online real estate auctions."
"All properties are sold on an “as is, where is, with all faults” basis. The ¶à±¦ÓÎÏ·ÏÂÔØ 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."

How does the ¶à±¦ÓÎÏ·ÏÂÔØ obtain real estate?
The ¶à±¦ÓÎÏ·ÏÂÔØ retains real estate from failed financial institutions and may obtain additional real estate through foreclosure.

What types of real estate does the ¶à±¦ÓÎÏ·ÏÂÔØ sell?
"The ¶à±¦ÓÎÏ·ÏÂÔØ sells various types of real estate including commercial properties, multifamily and single family residential, developed and undeveloped land, and bank branches."

"When the ¶à±¦ÓÎÏ·ÏÂÔØ 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 ¶à±¦ÓÎÏ·ÏÂÔØ."
"The ¶à±¦ÓÎÏ·ÏÂÔØ reserves the right to accept, reject, and/or counter any offer. While reviewing such offers, the ¶à±¦ÓÎÏ·ÏÂÔØ 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."

Where can I find information on ¶à±¦ÓÎÏ·ÏÂÔØ real estate auctions?
"Auction announcements can be found on the ¶à±¦ÓÎÏ·ÏÂÔØ Real Estate and Property Sales web page. Advertising may also appear in local, regional or national newspapers or other media in each event’s local and/or regional area."

Where can I find more details on ¶à±¦ÓÎÏ·ÏÂÔØ real estate?
"The online listing for each individual property owned by the ¶à±¦ÓÎÏ·ÏÂÔØ will typically include the name, phone number, and e-mail address (if available) of the local real estate agent and/or broker, and the ¶à±¦ÓÎÏ·ÏÂÔØ real estate contractor. Any of these parties will be able to provide more details on any property of interest."