An important part of RPR’s mission is to supply valuation products under the REALTOR® brand to the Federal housing agencies, who require – now more than ever – high-quality, real-time information to help them better understand how to remove systemic risk and re-establish the fundamentals of our still-recovering housing market. This mission works hand-in-hand with some of the remarkable policy work that is done in Washington, DC by NAR. In conjunction with these efforts, RPR has recently been assisting the staff of FDIC to feature its Owned Real Estate (ORE) information on the RPR Web site.
The FDIC is a willing seller, with a goal is to move these properties to the public as soon as possible. There is ample inventory in every property type in cities across the country.
FDIC has developed a streamlined process, with a special focus on public agency and non-profit clients. To help provide you with a better understanding of this process, we have posted it here, along with the associated forms, which are here.
To help call attention to this unique inventory, here is the schedule of the upcoming FDIC ORE Sealed Bid Sales and Auction Events: http://rpr.me/pMXgdy.
Representative inventory for these events is posted here.
The complete FDIC inventory is posted at all times on the FDIC Web site at http://auctionfdic.com. There is great information on each of the single family residential properties for you to research on RPR, with the commercial and land inventory becoming available later this summer. We encourage you to explore these properties on RPR, and are pleased to be working with FDIC to bring them to you.