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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 explain 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 finished, the title has actually been transferred and the residential or commercial property is ready to be marketed, it will be offered for sale through a regional property agent.
  
  Who would I get in touch with if I have concerns about a residential or commercial property?
  
  All Chase REO residential or commercial properties are listed with a local real estate representative. The local genuine estate agent is your finest source for information about the residential or commercial property. The listing representative's information is generally located on a "For Sale" check in the backyard or a quick web search of the residential or commercial property's address will cause websites with this details.
  
  Is a list of Chase foreclosures offered?
  
  Due to privacy concerns, we do not offer lists of residential or commercial properties in the foreclosure procedure.
  
  Buying a Chase REO residential or commercial property
  
  Does Chase sell REO residential or commercial properties straight to the public?
  
  No, the regional listing real estate representatives collaborate with prospective buyers and present all offers to us.
  
  Does Chase sell residential or commercial properties at a discount?
  
  We note and offer 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 present a pre-foreclosure offer to the owner's listing agent for the residential or commercial property, not us. Your property agent must have the ability to deal with you and assist you present an offer to the owner's property agent.
  
  How can I purchase a REO residential or commercial property from Chase?
  
  We make use of select national service providers to manage our REO residential or commercial properties. These providers utilize a number of local representatives to market and offer the residential or commercial properties. Any provings and offers need to be funnelled through the local representatives.
  
  We presently use the following suppliers: 24 Asset Management Corporation/ 24asset. com
  
  Offers for Chase REO residential or commercial properties should be made through the listing property representative.
  
  I currently have a genuine estate agent. Can I present 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 real estate representative, who'll then present it to us. The sale of the residential or commercial properties follows standard property procedures applicable to the state where the residential or commercial property lies.
  
  Can I inspect the residential or commercial property?
  
  If residential or commercial property being acquired is uninhabited of occupants and personal belongings you can set up a residential or commercial property assessment 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 expenditure and ought to be arranged through the listing agent. All Chase REO residential or commercial properties are offered and offered "as is," "where is," and with "all faults" basis without representation or warranty. Just like any other property transaction it is the obligation of the buyer to set up any assessments they consider required.
  
  Financing
  
  Do you offer funding options on the Chase REO residential or commercial properties?
  
  Yes, we may provide funding for specific residential or commercial properties. Please get in touch with the Home Lending Advisor at your local Chase Bank branch for further details about our financing choices.
  
  Tenant, Relocation Assistance, Other
  
  I am a real estate representative. Can I list Chase REO residential or commercial properties?
  
  Chase does not employ realty representatives directly. We utilize a chosen national supplier to handle our REO residential or commercial properties. This provider employs regional representatives 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 a tenant in a foreclosed residential or commercial property. Who should I call? The regional property agent designated to the residential or commercial property will try to reach you after the foreclosure sale. You can likewise connect to the law firm who handled the for more info. Relocation Assistance might be available on a case by case basis to help in moving expenses. The regional property agent will attempt to make contact and will have the ability to provide extra information. 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 user friendly mortgage calculators, academic short articles and more. Our supreme guide for first-time property buyers provides an introduction of the procedure from start to finish. And from looking for a loan to handling your mortgage, Chase MyHome has everything you need. Buying a House Whether you're identifying how much home you can afford, estimating your regular 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 current mortgage rates, low deposit alternatives, and jumbo mortgage loans. Refinance Refinance your existing mortgage to reduce your month-to-month payments, settle your loan earlier, or access cash for a big purchase. Use our home value estimator
  
  to estimate the
  existing value of your home. See our present re-finance rates and compare refinance choices. Affordability Our budget-friendly loaning alternatives, including FHA loans and VA loans, help make homeownership possible. Check out our price calculator, and try to find homebuyer grants
  
  in your area. Visit our mortgage education center for helpful pointers and information. And from using for a loan to handling your mortgage, Chase MyHome has you covered. Home Lending Customer Support Go to Chase mortgage services to handle your account. Make a mortgage payment, get details on your escrow, submit an insurance coverage claim, demand a reward quote or sign in to your account
  
  . Go to Chase home equity services to handle your home equity account. About Chase Chase serves countless individuals with a broad series of products. To find out more, check out the Banking Education Center. For questions or issues, please contact Chase client service or let us know at Chase
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