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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 used to explain a residential or commercial property that was obtained 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 procedure is completed, the title has actually been moved and the residential or commercial property is prepared to be marketed, it will be offered for sale through a regional realty representative.
  
  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 noted with a local property representative. The local genuine estate agent is your finest source for info about the residential or commercial property. The listing representative's info is usually found on a "For Sale" sign in the yard or a fast web search of the residential or commercial property's address will cause sites with this details.
  
  Is a list of Chase foreclosures offered?
  
  Due to personal privacy issues, we do not offer lists of residential or commercial properties in the foreclosure process.
  
  Buying a Chase REO residential or commercial property
  
  Does Chase sell REO residential or commercial properties straight to the public?
  
  No, the local listing property agents collaborate with possible purchasers and present all deals to us.
  
  Does Chase offer residential or commercial properties at a discount rate?
  
  We note 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 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 deal to the owner's listing agent for the residential or commercial property, not us. Your property agent should have the ability to deal with you and help you provide a deal to the owner's genuine estate representative.
  
  How can I acquire a REO residential or commercial property from Chase?
  
  We make use of select national providers to manage our REO residential or commercial properties. These service providers use numerous regional representatives to market and sell the residential or commercial properties. Any provings and deals need to be channeled through the local representatives.
  
  We currently utilize the following suppliers: 24 Asset Management Corporation/ 24asset. com
  
  Offers for Chase REO residential or commercial properties should be made through the listing realty representative.
  
  I currently have a genuine estate representative. Can I present a deal to you through my realty representative?
  
  You can ask your genuine estate representative to compose your offer and present it to the local realty agent, who'll then provide it to us. The sale of the residential or commercial properties follows standard genuine estate procedures suitable to the state where the residential or commercial property lies.
  
  Can I examine the residential or commercial property?
  
  If residential or commercial property being purchased is uninhabited of occupants and personal possessions you can set up a residential or commercial property inspection if you have a totally carried out sales agreement with us to purchase the residential or commercial property. Any inspections will be at your expenditure and ought to be set up through the listing agent. All Chase REO residential or commercial properties are used and sold "as is," "where is," and with "all faults" basis without representation or service warranty. As with any other property transaction it is the obligation of the purchaser to arrange any evaluations they consider needed.
  
  Financing
  
  Do you provide financing choices on the Chase REO residential or ?
  
  Yes, we might provide funding for certain residential or commercial properties. Please get in touch with the Home Lending Advisor at your regional Chase Bank branch for further information about our funding options.
  
  Tenant, Relocation Assistance, Other
  
  I am a property representative. Can I list Chase REO residential or commercial properties?
  
  Chase doesn't hire genuine estate agents straight. We make use of a chosen national service provider to manage our REO residential or commercial properties. This supplier uses local agents 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 renter in a foreclosed residential or commercial property. Who should I call? The local realty representative assigned to the residential or commercial property will try to make contact with you after the foreclosure sale. You can likewise reach out to the law firm who handled the foreclosure for more details. Relocation Assistance might be available on a case by case basis to assist in moving expenditures. The local genuine estate agent 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 provide a range
  of mortgages for
  purchasing a new home or refinancing your existing one. New to homebuying
  ? Our Learning Center
  
  offers easy-to-use mortgage calculators, academic short articles and more. Our ultimate guide for novice property buyers gives a summary of the procedure from start to complete. And from obtaining a loan to handling your mortgage, Chase MyHome has whatever you need. Buying a Home Whether you're figuring out how much house you can afford, estimating your monthly payment with our mortgage calculator or trying to find
  preapproval for
  
  a mortgage, we can help you at any part of the home purchasing process. See our current mortgage rates, low down payment alternatives, and jumbo mortgage loans. Refinance Refinance your existing mortgage to lower your monthly payments, settle your loan quicker, or gain access to cash for a big purchase. Use our home worth estimator
  
  to estimate the
  existing value of your home. See our existing re-finance rates and compare re-finance options. Affordability Our budget-friendly loaning alternatives, including FHA loans and VA loans, assistance make homeownership possible. Check out our price calculator, and search for homebuyer grants
  
  in your area. Visit our mortgage education center for handy pointers and info. And from applying for a loan to managing 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 info on your escrow, send an insurance coverage claim, request a reward quote or check in to your account
  
  . Go to Chase home equity services to manage your home equity account. About Chase Chase serves countless individuals with a broad series of products. For more information, check out the Banking Education Center. For concerns or issues, please contact Chase customer care or let us understand at Chase
  
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