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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 ready to be marketed, it will be offered for sale through a regional property representative.
  
  Who would I contact if I have questions about a residential or commercial property?
  
  All Chase REO residential or commercial properties are noted with a local realty representative. The local realty agent is your best source for info about the residential or commercial property. The listing agent's information is normally found on a "For Sale" sign in the backyard or a quick internet search of the residential or commercial property's address will lead to sites with this info.
  
  Is a list of Chase foreclosures available?
  
  Due to personal privacy concerns, we do not provide lists of residential or commercial properties in the foreclosure procedure.
  
  Buying a Chase REO residential or commercial property
  
  Does Chase offer REO residential or commercial properties directly to the general public?
  
  No, the local listing genuine estate representatives coordinate with buyers and present all offers to us.
  
  Does Chase sell residential or commercial properties at a discount rate?
  
  We list and offer residential or commercial properties at their fair market price.
  
  Can I make an offer on a residential or commercial property before the foreclosure is total?
  
  Yes, in many cases a residential or commercial property is listed for sale by its owner prior to a foreclosure sale. You can provide a pre-foreclosure offer to the owner's listing agent for the residential or commercial property, not us. Your property representative should have the ability to deal with you and help you provide a deal to the owner's realty representative.
  
  How can I buy a REO residential or commercial property from Chase?
  
  We utilize select nationwide providers to manage our REO residential or commercial properties. These companies utilize several regional representatives to market and sell the residential or commercial properties. Any showings and deals require to be directed 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 real estate agent.
  
  I already have a property agent. Can I provide an offer to you through my property representative?
  
  You can ask your realty agent to write your deal and present it to the regional genuine estate agent, who'll then provide it to us. The sale of the residential or commercial properties follows basic realty procedures appropriate 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 acquired is uninhabited of residents and personal possessions you can set up a residential or commercial property evaluation if you have actually a totally performed sales agreement with us to buy the residential or commercial property. Any evaluations will be at your cost and must be scheduled through the listing agent. All Chase REO residential or commercial properties are used and offered "as is," "where is," and with "all faults" basis without representation or warranty. Just like any other genuine estate transaction it is the duty of the buyer to set up any inspections they deem required.
  
  Financing
  
  Do you offer funding options on the Chase REO residential or commercial properties?
  
  Yes, we may provide financing for particular residential or commercial properties. Please contact the Home Lending Advisor at your local Chase Bank branch for additional information about our financing alternatives.
  
  Tenant, Relocation Assistance, Other
  
  I am a realty agent. Can I list Chase REO residential or commercial properties?
  
  Chase doesn't employ realty representatives directly. We utilize a selected national company to manage our REO residential or commercial properties. This supplier utilizes regional agents to market and sell the residential or commercial properties.
  
  You can reach this service 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 contact? The regional genuine estate agent appointed to the residential or commercial property will attempt to make contact with you after the foreclosure sale. You can also connect to the law office who dealt with the foreclosure for more details. Relocation Assistance may be readily available on a case by case basis to help in moving expenses. The local property representative will try to make contact and will be able to provide additional details. Follow us: -Facebook- Instagram- X, previously Twitter -YouTube -LinkedIn -Pinterest Chase Home Lending We provide a range
  of mortgages for
  purchasing a brand-new home or refinancing your existing one. New to homebuying
  ? Our Learning Center
  
  provides user friendly mortgage calculators, educational short articles and more. Our supreme guide for novice homebuyers offers an overview of the procedure from start to end up. And from using for a loan to handling your mortgage, Chase MyHome has whatever you need. Buying a Home Whether you're figuring out just how much house you can pay for, approximating your monthly payment with our mortgage calculator or trying to find
  preapproval for
  
  a mortgage, we can assist you at any part of the home buying procedure. See our current mortgage rates, low down payment choices, and jumbo mortgage loans. Refinance Refinance your existing mortgage to reduce your monthly payments, pay off your loan faster, or access money for a big purchase. Use our home worth estimator
  
  to approximate the
  present worth of your home. See our current refinance rates and compare re-finance choices. Affordability Our cost effective loaning alternatives, including FHA loans and VA loans, assistance make homeownership possible. Have a look at our cost calculator, and search for homebuyer grants
  
  in your area. Visit our mortgage education center for helpful pointers and information. And from making an application for a loan to managing your mortgage, Chase MyHome has you covered. Home Lending Client Service Go to Chase mortgage services to manage your account. Make a mortgage payment, get info on your escrow, submit an insurance claim, request a benefit quote or check in to your account
  
  . Go to Chase home equity services to handle your home equity account. About Chase Chase serves countless people with a broad range of products. For more information, check out the Banking Education Center. For concerns or concerns, please contact Chase customer support or let us understand at Chase
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