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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 gotten by a bank, lender 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 been transferred and the residential or commercial property is ready 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 local property representative. The regional real estate agent is your best source for information about the residential or commercial property. The listing agent's info is typically found on a "For Sale" indication in the yard or a fast web search of the residential or commercial property's address will result in sites with this information.
  
  Is a list of Chase foreclosures available?
  
  Due to personal privacy concerns, we do not provide 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 straight to the general public?
  
  No, the local listing realty representatives coordinate with possible buyers and present all deals to us.
  
  Does Chase offer residential or commercial properties at a discount rate?
  
  We list and sell residential or commercial properties at their fair market price.
  
  Can I make an offer on a residential or commercial property before the foreclosure is complete?
  
  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 deal to the owner's listing representative for the residential or commercial property, not us. Your real estate representative need to be able to deal with you and help you present a deal to the owner's realty agent.
  
  How can I purchase a REO residential or commercial property from Chase?
  
  We utilize choose national companies to manage our REO residential or commercial properties. These companies use numerous regional agents to market and sell the residential or commercial properties. Any provings and deals need to be carried through the local agents.
  
  We currently use the following suppliers: 24 Asset Management Corporation/ 24asset. com
  
  Offers for Chase REO residential or commercial properties need to be made through the listing property representative.
  
  I already have a genuine estate representative. Can I present an offer to you through my genuine estate representative?
  
  You can ask your property representative to write your offer and present it to the local property agent, who'll then present it to us. The sale of the residential or commercial properties follows standard realty treatments appropriate to the state where the residential or commercial property lies.
  
  Can I inspect the residential or commercial property?
  
  If residential or commercial property being purchased is uninhabited of residents and individual possessions you can schedule a residential or commercial property examination if you have a totally performed sales contract with us to acquire the residential or commercial property. Any evaluations will be at your expenditure and ought to 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 warranty. Similar to any other realty deal it is the duty of the purchaser to set up any evaluations they deem needed.
  
  Financing
  
  Do you offer financing options on the Chase REO residential or commercial properties?
  
  Yes, we might use financing for specific residential or commercial properties. Please call the Home Lending Advisor at your regional Chase Bank branch for further information about our financing options.
  
  Tenant, Relocation Assistance, Other
  
  I am a property representative. Can I list Chase REO residential or commercial properties?
  
  Chase does not employ genuine estate agents directly. We utilize a chosen national provider to handle our REO residential or commercial properties. This supplier uses regional agents to market and offer the residential or commercial properties.
  
  You can reach this service provider 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 call? The local property representative designated to the residential or commercial property will attempt to reach you after the foreclosure sale. You can likewise connect to the law office who managed the foreclosure for additional information. Relocation Assistance might be available on a case by case basis to assist in moving expenses. The local property representative will try to make contact and will be able to provide additional information. Follow us: -Facebook- Instagram- X, formerly Twitter -YouTube -LinkedIn -Pinterest Chase Home Lending We offer a variety
  of mortgages for
  buying a new home or re-financing your existing one. New to homebuying
  ? Our Learning Center
  
  offers easy-to-use mortgage calculators, academic articles and more. Our supreme guide for first-time property buyers gives a summary of the process from start to end up. And from requesting a loan to managing your mortgage, Chase MyHome has everything you require. Buying a Home Whether you're identifying how much house you can manage, 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 buying procedure. See our current mortgage rates, low deposit options, and jumbo mortgage loans. Refinance Refinance your existing mortgage to lower your month-to-month payments, settle your loan quicker, or gain access to cash for a big purchase. Use our home value estimator
  
  to approximate the
  existing value of your home. See our existing refinance rates and compare refinance alternatives. Affordability Our budget friendly financing choices, including FHA loans and VA loans, help make homeownership possible. Check out our price calculator, and search for homebuyer grants
  
  in your location. Visit our mortgage education center for handy ideas and details. And from applying for a loan to managing your mortgage, Chase MyHome has you covered. Home Lending Customer Service Go to Chase mortgage services to manage your account. Make a mortgage payment, get information on your escrow, submit an insurance coverage claim, demand a payoff quote or indication in to your account
  
  . Go to Chase home equity services to handle your home equity account. About Chase Chase serves countless people with a broad range of products. To find out more, visit the Banking Education Center. For concerns or concerns, please contact Chase customer care or let us understand at Chase
  
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