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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, loan provider 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 actually been moved and the residential or commercial property is ready to be marketed, it will be available for sale through a local property representative.
  
  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 regional property agent is your best source for details about the residential or commercial property. The listing agent's details is normally found on a "For Sale" check in the yard 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 available?
  
  Due to personal 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 offer REO residential or commercial properties straight to the public?
  
  No, the local listing real estate representatives coordinate with prospective purchasers and present all offers to us.
  
  Does Chase sell residential or commercial properties at a discount?
  
  We note and sell 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 offer to the owner's listing representative for the residential or commercial property, not us. Your realty agent need to have the ability to deal with you and assist you provide a deal to the owner's realty agent.
  
  How can I purchase a REO residential or commercial property from Chase?
  
  We make use of choose national service providers to manage our REO residential or commercial properties. These providers use a number of local representatives to market and offer the residential or commercial properties. Any showings and offers require to be channeled through the local agents.
  
  We presently utilize the following suppliers: 24 Asset Management Corporation/ 24asset. com
  
  Offers for Chase REO residential or commercial properties need to be made through the listing real estate agent.
  
  I already have a realty representative. Can I an offer to you through my real estate representative?
  
  You can ask your realty representative to write your deal and present it to the local property representative, who'll then provide it to us. The sale of the residential or commercial properties follows basic realty procedures applicable to the state where the residential or commercial property lies.
  
  Can I examine the residential or commercial property?
  
  If residential or commercial property being acquired is vacant of occupants and personal belongings you can schedule a residential or commercial property assessment if you have actually a fully performed sales contract with us to buy the residential or commercial property. Any evaluations will be at your expense and should be set up through the listing agent. All Chase REO residential or commercial properties are offered and sold "as is," "where is," and with "all faults" basis without representation or guarantee. Just like any other property deal it is the duty of the purchaser to set up any assessments they deem necessary.
  
  Financing
  
  Do you use financing choices on the Chase REO residential or commercial properties?
  
  Yes, we might offer funding for certain residential or commercial properties. Please contact the Home Lending Advisor at your local Chase Bank branch for further information about our funding choices.
  
  Tenant, Relocation Assistance, Other
  
  I am a genuine estate representative. Can I note Chase REO residential or commercial properties?
  
  Chase doesn't employ realty agents directly. We make use of a picked national supplier to manage 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 company 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 contact? The regional real estate agent assigned to the residential or commercial property will attempt to reach you after the foreclosure sale. You can likewise connect to the law practice who managed the foreclosure to learn more. Relocation Assistance might be available on a case by case basis to help in moving expenditures. The local realty agent will attempt to make contact and will be able to provide extra details. Follow us: -Facebook- Instagram- X, formerly Twitter -YouTube -LinkedIn -Pinterest Chase Home Lending We provide a range
  of mortgages for
  buying a new home or re-financing your existing one. New to homebuying
  ? Our Learning Center
  
  provides easy-to-use mortgage calculators, educational posts and more. Our ultimate guide for newbie property buyers gives a summary of the process from start to end up. And from requesting a loan to handling your mortgage, Chase MyHome has whatever you need. Buying a Home Whether you're determining just how much house you can afford, estimating your monthly payment with our mortgage calculator or searching for
  preapproval for
  
  a mortgage, we can help you at any part of the home purchasing procedure. See our existing mortgage rates, low down payment alternatives, and jumbo mortgage loans. Refinance Refinance your existing mortgage to lower your regular monthly payments, settle your loan sooner, or access money for a big purchase. Use our home value estimator
  
  to approximate the
  existing worth of your home. See our current re-finance rates and compare refinance alternatives. Affordability Our budget-friendly loaning alternatives, including FHA loans and VA loans, aid make homeownership possible. Take a look at our affordability calculator, and try to find homebuyer grants
  
  in your area. Visit our mortgage education center for helpful tips and details. And from obtaining a loan to handling your mortgage, Chase MyHome has you covered. Home Lending Customer Support Go to Chase mortgage services to manage your account. Make a mortgage payment, get information on your escrow, submit an insurance claim, demand a benefit quote or check in to your account
  
  . Go to Chase home equity services to manage your home equity account. About Chase Chase serves millions of people with a broad variety of items. To get more information, visit the Banking Education Center. For questions or issues, please contact Chase customer support or let us understand at Chase
  
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