DOJ ROR (Department of Justice Right of Redemption) explanation

[Nick Stille]

So I want to make an offer on a property, it's a foreclosure that is now owned by US Bank. The problem is, my agent noticed there was a DOJ ROR on the property. He had never seen it before, but looked it up and it means Department of Justice Right of Redemption. I had no idea what this means, but after doing some digging I thought I'd ask on here. Now I now know that a standard ROR is the right you have if your house is foreclosed upon, and sold, you have a right to reclaim that property if you can come up with the amount you owed. Now that makes sense to me. But I don't really understand how the DOJ has a ROR. And why does that mean that banks will not loan to this property? The listing says they want cash only, because the financing on the last offer fell through. This is really confusing, if anyone can help clarify this a little that would help alot. I love the forums here, I hope to contribute more and more. Thanks in advance.

[Dell Schlabach]

@Brian Gibbons man of great wisdom, may have some insight