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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 obtained 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 procedure is completed, the title has actually been transferred and the residential or commercial property is prepared to be marketed, it will be available for sale through a local genuine estate 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 listed with a regional realty representative. The local real estate is your finest source for info about the residential or commercial property. The listing representative's info is normally located on a "For Sale" sign in the lawn or a quick internet search of the residential or commercial property's address will result in websites with this details.
  
  Is a list of Chase foreclosures readily available?
  
  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 residential or commercial properties directly to the general public?
  
  No, the regional listing genuine estate agents coordinate with prospective purchasers and present all offers to us.
  
  Does Chase offer residential or commercial properties at a discount?
  
  We list and offer residential or commercial properties at their reasonable market value.
  
  Can I make an offer 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 offer to the owner's listing agent for the residential or commercial property, not us. Your real estate agent need to have the ability to deal with you and assist you present a deal to the owner's property representative.
  
  How can I buy a REO residential or commercial property from Chase?
  
  We utilize select national service providers to manage our REO residential or commercial properties. These service providers utilize several local representatives to market and offer the residential or commercial properties. Any showings and deals need to be transported through the local representatives.
  
  We presently use the following companies: 24 Asset Management Corporation/ 24asset. com
  
  Offers for Chase REO residential or commercial properties must be made through the listing real estate representative.
  
  I currently have a realty representative. Can I present an offer to you through my genuine estate representative?
  
  You can ask your realty representative to write your offer and present it to the regional property agent, who'll then provide it to us. The sale of the residential or commercial properties follows standard genuine estate procedures appropriate 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 residents and individual belongings you can arrange a residential or commercial property evaluation if you have actually a fully carried out sales agreement with us to acquire the residential or commercial property. Any evaluations will be at your cost and needs to be arranged 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 property transaction it is the responsibility of the purchaser to schedule any assessments they deem essential.
  
  Financing
  
  Do you provide funding alternatives on the Chase REO residential or commercial properties?
  
  Yes, we may provide financing for specific residential or commercial properties. Please call the Home Lending Advisor at your local Chase Bank branch for further information about our funding choices.
  
  Tenant, Relocation Assistance, Other
  
  I am a realty agent. Can I note Chase REO residential or commercial properties?
  
  Chase doesn't hire realty agents directly. We utilize a chosen nationwide service provider to handle our REO residential or commercial properties. This supplier employs local agents to market and sell the residential or commercial properties.
  
  You can reach this supplier through the following channel:
  
  24 Asset Management Corporation
• Email: vendormanagement@24asset.com!.?.! I am an occupant in a foreclosed residential or commercial property. Who should I get in touch with? The local realty agent appointed to the residential or commercial property will attempt to reach you after the foreclosure sale. You can likewise reach out to the law firm who handled the foreclosure for more details. Relocation Assistance may be offered on a case by case basis to help in moving costs. The local genuine estate agent will try to make contact and will be able to supply additional details. Follow us: -Facebook- Instagram- X, previously Twitter -YouTube -LinkedIn -Pinterest Chase Home Lending We use a variety
  of mortgages for
  purchasing a brand-new home or refinancing your existing one. New to homebuying
  ? Our Learning Center
  
  supplies easy-to-use mortgage calculators, academic posts and more. Our supreme guide for novice property buyers gives an overview of the process from start to complete. And from applying for a loan to managing your mortgage, Chase MyHome has whatever you require. Buying a Home Whether you're identifying how much home you can manage, approximating your regular monthly payment with our mortgage calculator or looking for
  preapproval for
  
  a mortgage, we can help you at any part of the home purchasing procedure. See our existing 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 large purchase. Use our home worth estimator
  
  to approximate the
  existing worth of your home. See our present re-finance rates and compare re-finance alternatives. Affordability Our budget friendly financing choices, including FHA loans and VA loans, help make homeownership possible. Take a look at our cost calculator, and search for property buyer grants
  
  in your location. Visit our mortgage education center for handy suggestions and details. And from making an application for a loan to managing your mortgage, Chase MyHome has you covered. Home Lending Customer Care Go to Chase mortgage services to handle your account. Make a mortgage payment, get details on your escrow, send an insurance claim, demand a payoff quote or sign 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 series of items. To find out more, go to the Banking Education Center. For concerns or concerns, please contact Chase customer support or let us understand at Chase
  
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