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  REO & bank owned residential or commercial properties FAQs
  
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  Chase Real Estate Owned Properties
  
  Definitions
  
  What is a bank-owned or "REO" residential or commercial property?
  
  Real Estate Owned or "REO," is a banking term used to explain a residential or commercial property that was obtained by a bank, lender or servicer as an outcome of a foreclosure or deed-in-lieu of foreclosure. Once the foreclosure or deed-in-lieu of foreclosure process is completed, the title has been moved and the residential or commercial property is prepared to be marketed, it will be readily available for sale through a regional property agent.
  
  Who would I contact if I have questions about a residential or commercial property?
  
  All Chase REO residential or commercial properties are listed with a regional realty agent. The regional property representative is your finest source for info about the residential or commercial property. The listing representative's details is normally found on a "For Sale" indication in the lawn or a quick internet search of the residential or commercial property's address will lead to websites with this information.
  
  Is a list of Chase foreclosures readily available?
  
  Due to personal privacy concerns, we do not offer lists of residential or commercial properties in the foreclosure process.
  
  Buying a Chase REO residential or commercial property
  
  Does Chase offer REO residential or commercial properties directly to the public?
  
  No, the regional listing realty representatives collaborate with potential purchasers and present all deals to us.
  
  Does Chase offer residential or commercial properties at a discount rate?
  
  We list and sell residential or commercial properties at their fair market value.
  
  Can I make an offer on a residential or commercial property before the foreclosure is total?
  
  Yes, in some cases a residential or commercial property is listed for sale by its owner prior to a foreclosure sale. You can present a pre-foreclosure deal to the owner's listing representative for the residential or commercial property, not us. Your realty representative should have the ability to work with you and help you present an offer to the owner's real estate agent.
  
  How can I acquire a REO residential or commercial property from Chase?
  
  We utilize choose national companies to handle our REO residential or commercial properties. These suppliers employ several local agents to market and offer the residential or commercial properties. Any showings and offers require to be carried through the local representatives.
  
  We presently use the following suppliers: 24 Asset Management Corporation/ 24asset. com
  
  Offers for Chase REO residential or commercial properties must be made through the listing property agent.
  
  I currently have a real estate representative. Can I provide a deal to you through my realty representative?
  
  You can ask your genuine estate agent to write your deal and present it to the regional property agent, who'll then provide it to us. The sale of the residential or commercial properties follows basic property treatments suitable to the state where the residential or commercial property is situated.
  
  Can I examine the residential or commercial property?
  
  If residential or commercial property being bought is vacant of residents and personal possessions you can schedule a residential or commercial property evaluation if you have actually a completely executed sales agreement with us to buy the residential or commercial property. Any evaluations will be at your expenditure and needs to be set up through the listing agent. All Chase REO residential or commercial properties are provided and sold "as is," "where is," and with "all faults" basis without representation or guarantee. Just like any other real estate transaction it is the responsibility of the buyer to arrange any inspections they consider needed.
  
  Financing
  
  Do you use funding options on the Chase REO residential or commercial properties?
  
  Yes, we may use financing for particular residential or commercial properties. Please contact the Home Lending Advisor at your local Chase Bank branch for additional details about our financing alternatives.
  
  Tenant, Relocation Assistance, Other
  
  I am a property representative. Can I list Chase REO residential or commercial properties?
  
  Chase doesn't work with property agents straight. We make use of a picked national provider to handle our REO residential or commercial properties. This company uses local representatives to market and offer the residential or commercial properties.
  
  You can reach this provider through the following channel:
  
  24 Asset Management Corporation
• Email: vendormanagement@24asset.com!.?.! I am an occupant in a foreclosed residential or commercial property. Who should I call? The local realty agent assigned to the residential or commercial property will try to make contact with you after the foreclosure sale. You can likewise connect to the law firm who dealt with the foreclosure for additional information. Relocation Assistance might be offered on a case by case basis to assist in moving expenditures. The local property representative will attempt to make contact and will have the ability to provide additional details. Follow us: -Facebook- Instagram- X, previously Twitter -YouTube -LinkedIn -Pinterest Chase Home Lending We provide a variety
  of mortgages for
  purchasing a brand-new home or re-financing your existing one. New to homebuying
  ? Our Learning Center
  
  provides user friendly mortgage calculators, instructional short articles and more. Our ultimate guide for newbie property buyers provides an introduction of the procedure from start to finish. And from requesting a loan to your mortgage, Chase MyHome has everything you need. Buying a House Whether you're identifying just how much house you can afford, estimating your month-to-month payment with our mortgage calculator or looking for
  preapproval for
  
  a mortgage, we can assist you at any part of the home buying process. See our current mortgage rates, low deposit options, and jumbo mortgage loans. Refinance Refinance your existing mortgage to lower your month-to-month payments, pay off your loan sooner, or access money for a big purchase. Use our home worth estimator
  
  to estimate the
  existing worth of your home. See our present re-finance rates and compare re-finance choices. Affordability Our budget friendly loaning alternatives, including FHA loans and VA loans, aid make homeownership possible. Take a look at our cost calculator, and look for property buyer grants
  
  in your location. Visit our mortgage education center for helpful suggestions and details. And from requesting a loan to managing your mortgage, Chase MyHome has you covered. Home Lending Client Service Go to Chase mortgage services to handle your account. Make a mortgage payment, get info on your escrow, submit an insurance claim, request a reward quote or check in to your account
  
  . Go to Chase home equity services to handle your home equity account. About Chase Chase serves millions of individuals with a broad variety of items. To get more information, check out the Banking Education Center. For concerns or issues, please contact Chase customer care or let us know at Chase
  
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