Special Servicing conditions Apply, what does that means?

[Claudia Bonaudo]

Ok, I'm learning all kind of terminology, abbreviations and REI slang, today I was looking for some properties on the internet and found a bidding web page and in some properties it says this:

"Note: This property is associated with a special servicer. Winning bids and offers for special servicing properties are subject to approval through a third party financial institution and are not guaranteed approval. Bid/offer review and contract generation may take several weeks. "

Does anyone here bought a property under this conditions or can someone explain to me what does that means?

Thanks!