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May a qualified lender offer acquired property to the former owner at below market value?

April 26, 2017acquired Lender market Offer owner Property qualified value

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May a qualified lender offer acquired property to the former owner at below market value?

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Yes. While a qualified lender must offer the former owner the opportunity to buy (or lease) acquired property at the fair market value and the previous owner has the right to offer less than that amount, nothing in the law or regulations prevents a qualified lender from indicating in the initial notice a willingness to accept below-market offers.