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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 utilized to describe a residential or commercial property that was acquired by a bank, lender or servicer as a result of a foreclosure or deed-in-lieu of foreclosure. Once the foreclosure or deed-in-lieu of foreclosure process is completed, the title has actually been moved and the residential or commercial property is all set to be marketed, it will be readily available for sale through a regional property agent.
  
  Who would I call if I have questions about a residential or commercial property?
  
  All Chase REO residential or commercial properties are listed with a local realty representative. The regional real estate agent is your finest source for information about the residential or commercial property. The listing agent's information is normally found on a "For Sale" indication in the yard or a quick web search of the residential or commercial property's address will lead to sites with this information.
  
  Is a list of Chase foreclosures offered?
  
  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 or commercial properties directly to the public?
  
  No, the regional listing realty agents coordinate with possible buyers and present all deals to us.
  
  Does Chase offer residential or commercial properties at a discount?
  
  We list and offer residential or commercial properties at their reasonable market price.
  
  Can I make a deal on a residential or commercial property before the foreclosure is total?
  
  Yes, sometimes a residential or commercial property is listed for sale by its owner prior to a foreclosure sale. You can provide a pre-foreclosure deal to the owner's listing representative for the residential or commercial property, not us. Your property representative ought to have the ability to deal with you and assist you provide an offer to the owner's realty agent.
  
  How can I acquire a REO residential or commercial property from Chase?
  
  We utilize select national companies to handle our REO residential or commercial properties. These providers utilize several local representatives to market and sell the residential or commercial properties. Any showings and offers require to be transported through the local agents.
  
  We presently make use of the following providers: 24 Asset Management Corporation/ 24asset. com
  
  Offers for Chase REO residential or commercial properties should be made through the listing realty agent.
  
  I already have a realty agent. Can I provide a deal to you through my real estate agent?
  
  You can ask your realty representative to write your deal and present it to the regional real estate agent, who'll then present 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 located.
  
  Can I examine the residential or commercial property?
  
  If residential or commercial property being bought is uninhabited of occupants and personal possessions you can schedule a residential or commercial property evaluation if you have a totally carried out sales contract with us to acquire the residential or commercial property. Any inspections will be at your expenditure and needs to be arranged through the listing representative. All Chase REO residential or commercial properties are used and sold "as is," "where is," and with "all faults" basis without representation or warranty. Similar to any other real estate transaction it is the obligation of the buyer to set up any examinations they deem needed.
  
  Financing
  
  Do you use financing alternatives on the Chase REO residential or commercial properties?
  
  Yes, we might provide funding for specific residential or commercial properties. Please get in touch with the Home Lending Advisor at your regional Chase Bank branch for more details about our funding choices.
  
  Tenant, Relocation Assistance, Other
  
  I am a realty agent. Can I list Chase REO residential or commercial properties?
  
  Chase doesn't employ genuine estate representatives directly. We make use of a selected national company to manage our REO residential or commercial properties. This provider uses regional agents 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 a tenant in a foreclosed residential or commercial property. Who should I call? The regional genuine estate agent appointed to the residential or commercial property will try to make contact with you after the foreclosure sale. You can also reach out to the law office who handled the foreclosure for additional information. Relocation Assistance may be readily available on a case by case basis to help in moving expenses. The regional real estate agent will attempt to make contact and will have the ability to offer additional details. Follow us: -Facebook- Instagram- X, formerly Twitter -YouTube -LinkedIn -Pinterest Chase Home Lending We provide a range
  of mortgages for
  purchasing a new home or refinancing your existing one. New to homebuying
  ? Our Learning Center
  
  offers easy-to-use mortgage calculators, academic articles and more. Our ultimate guide for newbie property buyers gives an introduction of the procedure from start to finish. And from getting a loan to handling your mortgage, Chase MyHome has everything you need. Buying a House Whether you're figuring out just how much house you can manage, approximating your regular monthly 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 existing mortgage rates, low down payment choices, and jumbo mortgage loans. Refinance Refinance your existing mortgage to lower your regular monthly payments, pay off your loan earlier, or gain access to cash for a big purchase. Use our home value estimator
  
  to approximate the
  present value of your home. See our present refinance rates and compare re-finance alternatives. Affordability Our inexpensive financing alternatives, including FHA loans and VA loans, help make homeownership possible. Have a look at our price calculator, and try to find property buyer grants
  
  in your location. Visit our mortgage education center for helpful suggestions and info. And from requesting a loan to handling 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, send an insurance claim, demand a payoff 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 find out more, check out the Banking Education Center. For concerns or issues, please contact Chase customer care or let us understand at Chase
  
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