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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 gotten 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 finished, the title has actually been transferred 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 real estate representative. The local realty representative is your finest source for info about the residential or commercial property. The listing representative's information is typically located on a "For Sale" sign in the lawn or a fast web search of the residential or commercial property's address will cause websites with this details.
  
  Is a list of Chase foreclosures available?
  
  Due to privacy issues, we do not supply 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 public?
  
  No, the regional listing property representatives coordinate with possible purchasers and present all offers to us.
  
  Does Chase offer residential or commercial properties at a discount?
  
  We note 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, sometimes a residential or commercial property is noted 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 realty representative need to be able to deal with you and assist you provide an offer to the owner's real estate agent.
  
  How can I purchase a REO residential or commercial property from Chase?
  
  We make use of choose nationwide companies to handle our REO residential or commercial properties. These companies employ several regional representatives to market and offer the residential or commercial properties. Any provings and deals require to be funnelled through the local representatives.
  
  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 property agent.
  
  I already have a real estate agent. Can I provide a deal to you through my realty representative?
  
  You can ask your real estate representative to compose your deal and present it to the regional genuine estate agent, who'll then present it to us. The sale of the residential or commercial properties follows standard realty procedures relevant to the state where the residential or commercial property lies.
  
  Can I check the residential or commercial property?
  
  If residential or commercial property being acquired is uninhabited of occupants and individual valuables you can set up a residential or commercial property examination if you have a completely executed sales agreement with us to purchase the residential or commercial property. Any examinations will be at your cost and ought to be set up 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 service warranty. As with any other realty transaction it is the responsibility of the buyer to schedule any assessments they deem needed.
  
  Financing
  
  Do you use funding choices on the Chase REO residential or commercial properties?
  
  Yes, we may offer financing for particular residential or commercial properties. Please call the Home Lending Advisor at your regional Chase Bank branch for more information about our financing alternatives.
  
  Tenant, Relocation Assistance, Other
  
  I am a genuine estate representative. Can I list Chase REO residential or commercial properties?
  
  Chase does not hire genuine estate representatives straight. We use a chosen national supplier to manage our REO residential or commercial properties. This supplier employs local representatives to market and offer the residential or commercial properties.
  
  You can reach this supplier 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 local genuine estate representative appointed to the residential or commercial property will try to reach you after the foreclosure sale. You can likewise connect to the law office who managed the foreclosure to learn more. Relocation Assistance may be available on a case by case basis to assist in moving costs. The regional property agent will attempt to make contact and will be able to offer additional details. Follow us: -Facebook- Instagram- X, formerly Twitter -YouTube -LinkedIn -Pinterest Chase Home Lending We use a variety
  of mortgages for
  buying a new home or re-financing your existing one. New to homebuying
  ? Our Learning Center
  
  offers user friendly mortgage calculators, instructional posts and more. Our ultimate guide for newbie homebuyers gives a summary of the procedure from start to end up. And from making an application for a loan to managing your mortgage, Chase MyHome has whatever you need. Buying a House Whether you're figuring out just how much home you can afford, estimating your month-to-month payment with our mortgage calculator or looking for
  preapproval for
  
  a mortgage, we can help you at any part of the home buying process. See our current mortgage rates, low deposit alternatives, and jumbo mortgage loans. Refinance Refinance your existing mortgage to decrease your monthly payments, pay off your loan faster, or gain access to money for a big purchase. Use our home worth estimator
  
  to approximate the
  current worth of your home. See our current re-finance rates and compare re-finance options. Affordability Our budget-friendly loaning options, including FHA loans and VA loans, aid make homeownership possible. Check out our cost calculator, and try to find homebuyer grants
  
  in your location. Visit our mortgage education center for helpful ideas and details. And from making an application for a loan to handling your mortgage, Chase MyHome has you covered. Home Lending Customer Care Go to Chase mortgage services to manage your account. Make a mortgage payment, get info on your escrow, send an insurance claim, demand a benefit quote or indication 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 products. To read more, visit the Banking Education Center. For concerns or concerns, please contact Chase client service or let us understand at Chase
  
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