About Us | Contact Us
View Cart

False Representations of FDIC-Owned Real Estate Properties for Sale

By Dan Hadaway | Thursday, November 5, 2009 - Leave a Comment

The Federal Deposit Insurance Corporation (FDIC) is warning the general public and interested investors of false claims from various entities (individuals and companies) claiming to represent the FDIC in the sales of FDIC-owned properties.

These individuals and companies present a common theme. First, they claim to have “inside access” and, secondly, they attempt to charge fees or collect money up front from potential buyers of FDIC Owned Real Estate (ORE) properties with promises of steep discounts off appraised values. Information on ORE assets in the FDIC’s inventory is free to the general public. Any person approached by an individual or business entity with an offer requiring upfront fees and/or the disclosure of personal bank information should exercise extreme caution.

The FDIC has contracted with and authorized a number of asset management companies to market, sell, and maintain FDIC ORE properties. In representing the FDIC, they are not brokers or brokerage services firms. Rather, they are asset managers who contract with licensed real estate brokers and other vendors in the disposition FDIC-owned properties.

FDIC-owned properties currently being marketed for sale are available for FREE public viewing and access on the FDIC Web site at http://www2.fdic.gov/drrore/. The listing for each asset includes the assigned asset management company, local brokers, and contact information.


 

Posted in Article Reviews

Latest News
    You’ve heard it from every MSSP you’ve met: the definition of a SIEM is in the eye of the beholder. But at infotex, we are not talking about the database – an asset whose definition is continuously evolving. We’re talking about the way three teams collaborate in an overall Technology Risk Monitoring process. And whether […]
    A new study shows organizations are responding to cyber attacks faster than ever, so why is that bad news? An article review. When it comes to cyber attacks, the sooner an organization can begin to respond to an attack the better, so the results of a new study showing a drop in the amount of […]
    …a Crash Course of Security Measures The first article by Sara Fultz, Creative Assistant of infotex! Introduction: As the managing partner of infotex, I am proud to introduce the “debut article” for Sara Fultz.  I told Sara “write an article showing us what you’ve learned that the technical staff will appreciate.” As I read her […]
    infotex Programming Coordinator, Michael Hartke, introduces a high level overview of the upcoming update to the infotex SIEM. Look for more movies in the coming months informing our Clients, and those just now learning about us, about the SIEM and its features and functions.
    Another awareness poster for YOUR customers (and users).  Now that we have our own employees aware, maybe it’s time to start posting content for our customers! Download the large versions here: Awareness Poster (Portrait) Awareness Poster (Landscape)   You are welcome to print out and distribute this around your office.  
    As the investigation of the SolarWinds Hack was ongoing, another hack stole some of the limelight… This is the final update on the SolarWinds hack unless a major development comes to light. You can see the previous article here: “Autopsy of the SolarWinds Hack Update“. One of the largest cyber-espionage campaigns in the history of […]
    Employees working from home may find it more difficult to follow security policies… An article review. The surge in employees working from home during the pandemic created many headaches for IT departments around the world, many of whom had no telecommuting policies or procedures before the start… but what about the employees who had to […]
    A Webinar-Movie infotex presents the 2021 update of a previously released webinar presented by our Lead Non-Technical Auditor, Adam Reynolds. This movie-short is intended for those who are planning to participate in an infotex Incident Response Test. Not sure about the importance of an Incident Response Test? Check out onetest.infotex.com for more information! Please let […]
    PRESS RELEASE – FOR IMMEDIATE RELEASE BUSINESS NEWS INFOTEX PROMOTES BRYAN BONNELL TO DIGITAL MEDIA MANAGER infotex, the Managed Security Service Provider, announced Bryan Bonnell’s promotion from Senior Data Security Analyst to Digital Media Manager.  “He will continue his normal DSA duties on a limited basis, because we want everybody to stay in touch with […]
    PRESS RELEASE – FOR IMMEDIATE RELEASE BUSINESS NEWS RYAN HENSLER OF INFOTEX, EARNS CISSP CERTIFICATE Ryan Hensler, Senior NOC Associate of infotex, Inc., recently received the CISSP certification. “Ryan has proven himself to be a seasoned security professional both in his work for infotex and now through achieving this certification.” said Sean Waugh, Information Security Officer. […]