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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 a result of a foreclosure or deed-in-lieu of foreclosure. Once the foreclosure or deed-in-lieu of foreclosure process is finished, the title has been moved and the residential or commercial property is all set to be marketed, it will be readily available for sale through a local realty representative.
  
  Who would I call if I have concerns about a residential or commercial property?
  
  All Chase REO residential or commercial properties are listed with a local realty representative. The regional realty representative is your finest source for details about the residential or commercial property. The listing representative's details is typically located on a "For Sale" sign in the yard or a quick internet search of the residential or commercial property's address will result in sites with this information.
  
  Is a list of Chase foreclosures offered?
  
  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 sell REO residential or commercial properties directly to the public?
  
  No, the local listing realty representatives coordinate with prospective buyers and present all deals to us.
  
  Does Chase offer residential or commercial properties at a discount rate?
  
  We note and offer residential or commercial properties at their reasonable market worth.
  
  Can I make a deal on a residential or commercial property before the foreclosure is total?
  
  Yes, in many 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 genuine estate representative should be able to deal with you and assist you present an offer to the owner's genuine estate agent.
  
  How can I acquire a REO residential or commercial property from Chase?
  
  We use choose national providers to manage our REO residential or commercial properties. These suppliers use numerous local representatives to market and offer the residential or commercial properties. Any provings and deals require to be directed through the regional representatives.
  
  We presently make use of the following companies: 24 Asset Management Corporation/ 24asset. com
  
  Offers for Chase REO residential or commercial properties should be made through the listing real estate representative.
  
  I currently have a property representative. Can I provide a deal to you through my real estate agent?
  
  You can ask your realty representative to compose your deal and present it to the local genuine estate agent, who'll then present it to us. The sale of the residential or commercial properties follows basic real estate procedures appropriate to the state where the or commercial property is situated.
  
  Can I check the residential or commercial property?
  
  If residential or commercial property being acquired is vacant of occupants and personal possessions you can set up a residential or commercial property examination if you have actually a totally carried out sales agreement with us to purchase the residential or commercial property. Any evaluations will be at your expense and should be scheduled through the listing representative. All Chase REO residential or commercial properties are offered and offered "as is," "where is," and with "all faults" basis without representation or guarantee. As with any other genuine estate transaction it is the responsibility of the buyer to schedule any examinations they deem needed.
  
  Financing
  
  Do you use financing alternatives on the Chase REO residential or commercial properties?
  
  Yes, we may provide financing for certain residential or commercial properties. Please call the Home Lending Advisor at your local Chase Bank branch for further details about our funding alternatives.
  
  Tenant, Relocation Assistance, Other
  
  I am a genuine estate representative. Can I list Chase REO residential or commercial properties?
  
  Chase does not work with genuine estate representatives straight. We use a picked national company to handle our REO residential or commercial properties. This 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 an occupant in a foreclosed residential or commercial property. Who should I get in touch with? The regional real estate agent assigned to the residential or commercial property will try to make contact with you after the foreclosure sale. You can also reach out to the law firm who dealt with the foreclosure to learn more. Relocation Assistance may be available on a case by case basis to help in moving costs. The local property agent will attempt to make contact and will have the ability to supply additional 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 refinancing your existing one. New to homebuying
  ? Our Learning Center
  
  offers user friendly mortgage calculators, educational articles and more. Our supreme guide for first-time homebuyers provides an introduction of the procedure from start to finish. And from getting a loan to handling your mortgage, Chase MyHome has everything you require. Buying a House Whether you're determining how much house you can afford, approximating your month-to-month payment with our mortgage calculator or searching for
  preapproval for
  
  a mortgage, we can assist you at any part of the home buying procedure. See our existing mortgage rates, low deposit options, and jumbo mortgage loans. Refinance Refinance your existing mortgage to reduce your month-to-month payments, pay off your loan quicker, or gain access to cash for a big purchase. Use our home worth estimator
  
  to estimate the
  existing worth of your home. See our present re-finance rates and compare re-finance choices. Affordability Our economical lending choices, consisting of FHA loans and VA loans, assistance make homeownership possible. Take a look at our affordability calculator, and look for homebuyer grants
  
  in your location. Visit our mortgage education center for helpful pointers and information. And from obtaining 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 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 individuals with a broad variety of items. To find out more, check out the Banking Education Center. For questions or concerns, please contact Chase customer care or let us understand at Chase
  
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