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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 describe a residential or commercial property that was acquired by a bank, lending institution 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 transferred and the residential or commercial property is all set to be marketed, it will be available for sale through a regional real estate agent.
  
  Who would I get in touch with if I have questions about a residential or commercial property?
  
  All Chase REO residential or commercial properties are noted with a local realty agent. The local real estate agent is your best source for info about the residential or commercial property. The listing representative's details is normally found on a "For Sale" check in the lawn or a fast 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 privacy issues, we do not offer lists of residential or commercial properties in the foreclosure process.
  
  Buying a Chase REO residential or commercial property
  
  Does Chase sell REO residential or commercial properties straight to the public?
  
  No, the regional listing property representatives coordinate with prospective buyers 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 worth.
  
  Can I make a deal on a residential or commercial property before the foreclosure is total?
  
  Yes, in some cases a residential or commercial property is noted for sale by its owner prior to a foreclosure sale. You can present a pre-foreclosure deal to the owner's listing agent for the residential or commercial property, not us. Your property representative need to have the ability to work with you and assist you present an offer to the owner's realty agent.
  
  How can I acquire a REO residential or commercial property from Chase?
  
  We utilize choose nationwide suppliers to manage our REO residential or commercial properties. These service providers utilize several regional agents to market and offer the residential or commercial properties. Any showings and offers need to be channeled through the regional agents.
  
  We presently make use of the following providers: 24 Asset Management Corporation/ 24asset. com
  
  Offers for Chase REO residential or commercial properties need to be made through the listing property agent.
  
  I currently have a genuine estate representative. Can I provide a deal to you through my genuine estate agent?
  
  You can ask your realty agent to compose your deal and present it to the local genuine estate representative, who'll then provide it to us. The sale of the residential or commercial properties follows basic property procedures relevant to the state where the residential or commercial property is situated.
  
  Can I inspect the residential or commercial property?
  
  If residential or commercial property being acquired is vacant of occupants and individual belongings you can set up a residential or commercial property evaluation if you have actually a totally carried out sales contract with us to purchase the residential or commercial property. Any examinations will be at your expense and must be set up through the listing agent. All Chase REO residential or commercial properties are provided and offered "as is," "where is," and with "all faults" basis without representation or warranty. Just like any other realty deal it is the responsibility of the purchaser to set up any examinations they deem needed.
  
  Financing
  
  Do you use on the Chase REO residential or commercial properties?
  
  Yes, we might provide financing 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 options.
  
  Tenant, Relocation Assistance, Other
  
  I am a real estate agent. Can I note Chase REO residential or commercial properties?
  
  Chase doesn't work with property representatives directly. We make use of a chosen national service provider to handle our REO residential or commercial properties. This service provider employs local agents to market and sell 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 renter in a foreclosed residential or commercial property. Who should I call? The regional realty representative appointed to the residential or commercial property will try to make contact with you after the foreclosure sale. You can also connect to the law office who managed the foreclosure for additional information. Relocation Assistance might be available on a case by case basis to help in moving costs. The regional realty representative will attempt to make contact and will have the ability to supply extra details. Follow us: -Facebook- Instagram- X, formerly Twitter -YouTube -LinkedIn -Pinterest Chase Home Lending We provide a variety
  of mortgages for
  buying a brand-new home or re-financing your existing one. New to homebuying
  ? Our Learning Center
  
  supplies user friendly mortgage calculators, instructional posts and more. Our supreme guide for novice homebuyers provides an introduction of the process from start to end up. And from requesting a loan to managing your mortgage, Chase MyHome has whatever you need. Buying a Home Whether you're figuring out how much house you can pay for, approximating your month-to-month payment with our mortgage calculator or trying to find
  preapproval for
  
  a mortgage, we can assist you at any part of the home purchasing procedure. See our current mortgage rates, low deposit alternatives, and jumbo mortgage loans. Refinance Refinance your existing mortgage to lower your regular monthly payments, pay off your loan faster, or gain access to money for a large purchase. Use our home worth estimator
  
  to approximate the
  existing value of your home. See our present refinance rates and compare re-finance alternatives. Affordability Our economical financing alternatives, including FHA loans and VA loans, help make homeownership possible. Check out our price calculator, and try to find property buyer grants
  
  in your area. Visit our mortgage education center for helpful suggestions and information. And from requesting a loan to managing your mortgage, Chase MyHome has you covered. Home Lending Customer Service Go to Chase mortgage services to handle your account. Make a mortgage payment, get details on your escrow, send an insurance coverage claim, request a reward quote or sign in to your account
  
  . Go to Chase home equity services to manage your home equity account. About Chase Chase serves countless individuals with a broad range of products. To read more, 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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