REAL ESTATE AND PROPERTY MARKETPLACE
Learn everything you need to know about buying real estate from the FDIC.
Due to the closing of Doral Bank on February 27, 2015, the FDIC will have a number of properties available in Puerto Rico. Please subscribe here to receive information about these properties.
A causa del cierre de Doral Bank, el 27 de febrero del 2015, el FDIC tendrá un número de propiedades disponibles en Puerto Rico. Favor de suscribirse aquí para recibir información de estas propiedades.
(Under 25,000 - Ownership via Quit Claim Deed)
Affordable Housing Program
Established by the former Resolution Trust Corporation pursuant to the Financial Institution Reform, Recovery and Enforcement Act of 1989
(Auctions, Sealed Bids, Regional Meetings)
(Furniture, Fixtures & Equipment)
- Alliance for Economic Inclusion (AEI)
Establishes broad-based coalitions of financial institutions, community-based organizations and other partners in several markets across the country to 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
FDIC releases a resource guide to help financial institutions evaluate opportunities to collaborate with community development financial institutions.
Oil, Gas, Water
(and Mineral Rights)
FDIC does not reserve mineral rights in its owned real estate (ORE) deeds under any general program. Instead, FDIC obtains oil & gas interests in one of three ways.
First, FDIC inherits foreclosed oil & gas interests reflected as assets on the books of an institution at failure. Second, and more commonly, FDIC discovers such assets when a third party contacts FDIC about an oil & gas interest revealed by a title search. For example, if an institution routinely reserved mineral rights in its ORE deeds and the institution subsequently failed, record title to the interests may be in FDIC as successor to the failed institution, even though the interests were previously unknown since they were not reflected as assets on the books of the institution at failure. Third, but more rarely, when an ORE purchaser desires to purchase from FDIC only surface rights but not associated mineral interests, FDIC itself, in order to maximize the net present value of an asset as a whole, may sever the surface and mineral interests by reserving mineral rights in its ORE deed to the purchaser. The newly created oil & gas interest becomes a part of FDIC’s inventory.
Once an oil & gas interest is identified as part of FDIC’s inventory, no matter how obtained, FDIC then values the interest, verifies title, resolves title issues, and manages the asset (which may include entering into a lease), again in order to maximize the net present value of the asset. The primary marketing strategy FDIC has developed for the oil & gas interests in its inventory is to offer such interests for sale at auction through an oil & gas contractor, currently Energynet.com.
Sales of Oil and Gas Related Assets
Interested buyers should contact EnergyNet
Have Questions? Need Assistance? Email RealEstateforSale@fdic.gov or call 972-761-2163
Use FDIC's subscription service to sign up for emails regarding FDIC Real Estate
- Bank Premises
- Single Family
- Puerto Rico
For ALL Featured Properties, follow hyperlink to obtain Updated Prices and Availability
1221 Morgan Blvd
Approx. SF / 1 Story Bank Branch & 0.6AC Excess Land /
Was $580,000 Now $390,000
Please contact Dan Feldman at
Harlingen, TX 78550
325 N Canadian Ave
Approx. 0.16 Acres / 2 BD / 1 Bath / Built in 1943 /
Was $14,250 Now $4,900
Please contact Donald Justice at
Geary, OK 73040