Table of Contents:
Registration:
How can I register?
Registration is a simple 3 step process and should take you no longer than a few minutes.
- Visit our Registration Page
- Agree to our Confidentiality Agreement and provide us with basic information on yourself or business (Name, address, tax ID, etc.)
- Fill out the username and password page and you will receive a confirmation email once you are accepted.
What information do you need?
In order to process your application, we require the following information:
- Name
- Business Type
- Company Name
- Tax ID
- Address
- City, State, County, ZIP
- Phone Number
Will I be charged a fee?
No. We gladly welcome all investors in participating in our sale.
If I have forgotten my Username or password should I register again?
No. Please use our password recovery tool to generate a new password that will be emailed to you.
Once I complete the Registration, will I be granted immediate access to view the inventory?
Yes. Once you have agreed to the Confidentiality Agreement and provided all the required information, you will be granted full access to site content.
Can I use the same log in info from PrescientSales.com
No. In order to participate in this sale and future sales presented on PrescientORE.com, you must complete the registration available here.
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Sale:
Can properties included in a pool be bid on individually?
No. Properties included in a pool cannot be broken up and must be bid on as a whole.
Can properties being offered individually be put together in a pool?
No, however, you may place an offer on multiple assets but must provide separate checks and documentation for each.
I'm placing offers on several different assets; can I submit just one copy of the documents and one check?
No. All bids must have their own individual documentation and offer check.
Is there a minimum offer?
Offers should reflect your highest and best offer.
Are these properties owned by FDIC?
All properties are owned by FDIC or by Subsidiary Entities acquired by the FDIC as a result of a bank failure.
When will I be notified whether or not my offer was approved?
Prescient will be receiving and reviewing offers on a continuous basis. Once offers have been finalized with the FDIC, you will be notified in 7 to 10 business days.
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Other Questions:
How do I get a list of the properties in the sale and how can I view them online?
You can get a list of the properties online once you register.
How do I determine what to bid?
All bids should be based on the Buyer's own due diligence.
Am I purchasing from the FDIC or Prescient? Is Financing available?
The properties will be purchased from the FDIC. Seller Financing is not available.
Will I be allowed to perform due diligence on the property before closing?
Yes. You must perform your own due diligence prior to making an offer.
Would it be ok to have investors/brokers contact you about the sale?
Yes. We encourage brokers and investors to contact us with any questions. Broker commission will be paid according to the Terms and Conditions of the sale.
Do you have a question not covered in the FAQ?
Please visit our contact page and use our web form if you require further assistance.
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