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  REO & bank owned residential or commercial properties FAQs
  
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  Chase Real Estate Owned Properties
  
  Definitions
  6sqft.com
  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 acquired by a bank, lender or servicer as an outcome 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 transferred and the residential or commercial property is all set to be marketed, it will be offered for sale through a regional property agent.
  
  Who would I contact if I have concerns about a residential or commercial property?
  
  All Chase REO residential or commercial properties are listed with a regional realty representative. The local realty agent is your best source for information about the residential or commercial property. The listing representative's details is normally found on a "For Sale" check in the backyard or a fast web search of the residential or commercial property's address will result in sites with this info.
  
  Is a list of Chase foreclosures offered?
  
  Due to privacy issues, we do not supply 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 regional listing property representatives coordinate with possible purchasers and present all offers to us.
  
  Does Chase offer residential or commercial properties at a discount rate?
  
  We list and offer residential or commercial properties at their fair market price.
  6sqft.com
  Can I make a deal on a residential or commercial property before the foreclosure is complete?
  
  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 deal to the owner's listing representative for the residential or commercial property, not us. Your property agent should have the ability to work with you and help you present an offer to the owner's property representative.
  
  How can I purchase a REO residential or commercial property from Chase?
  
  We utilize select national companies to handle our REO residential or commercial properties. These suppliers use a number of regional agents to market and sell the residential or commercial properties. Any showings and deals require to be transported through the regional representatives.
  
  We presently make use of the following providers: 24 Asset Management Corporation/ 24asset. com
  
  Offers for Chase REO residential or commercial properties need to be made through the listing realty representative.
  
  I already have a property agent. Can I provide a deal to you through my property representative?
  
  You can ask your genuine estate representative to write your deal and present it to the local genuine estate representative, who'll then present it to us. The sale of the residential or commercial properties follows basic property procedures applicable to the state where the residential or commercial property is located.
  
  Can I check the residential or commercial property?
  
  If residential or commercial property being bought is vacant of occupants and individual possessions you can set up a residential or commercial property assessment if you have actually a fully carried out sales contract with us to acquire the residential or commercial property. Any evaluations will be at your expense and must be arranged through the listing representative. All Chase REO residential or commercial properties are provided and offered "as is," "where is," and with "all faults" basis without representation or service warranty. Just like any other deal it is the obligation of the buyer to schedule any examinations they deem required.
  
  Financing
  
  Do you offer financing options on the Chase REO residential or commercial properties?
  
  Yes, we may use funding for specific residential or commercial properties. Please get in touch with the Home Lending Advisor at your local Chase Bank branch for additional details about our financing options.
  
  Tenant, Relocation Assistance, Other
  
  I am a property representative. Can I note Chase REO residential or commercial properties?
  
  Chase doesn't hire real estate agents directly. We utilize a picked national supplier 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 a renter in a foreclosed residential or commercial property. Who should I call? The local property representative appointed to the residential or commercial property will try to reach you after the foreclosure sale. You can also reach out to the law company who dealt with the foreclosure to find out more. Relocation Assistance may be available on a case by case basis to assist in moving expenditures. The local genuine estate representative will try to make contact and will have the ability to offer extra details. Follow us: -Facebook- Instagram- X, formerly Twitter -YouTube -LinkedIn -Pinterest Chase Home Lending We provide a variety
  of mortgages for
  purchasing a brand-new home or re-financing your existing one. New to homebuying
  ? Our Learning Center
  
  offers easy-to-use mortgage calculators, instructional posts and more. Our supreme guide for newbie property buyers offers a summary of the procedure from start to end up. And from requesting a loan to managing your mortgage, Chase MyHome has whatever you require. Buying a House Whether you're figuring out just how much home you can manage, estimating your monthly payment with our mortgage calculator or looking for
  preapproval for
  
  a mortgage, we can assist you at any part of the home purchasing procedure. See our present mortgage rates, low deposit alternatives, and jumbo mortgage loans. Refinance Refinance your existing mortgage to reduce your monthly payments, pay off your loan quicker, 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 lending choices, including FHA loans and VA loans, assistance make homeownership possible. Take a look at our affordability calculator, and try to find homebuyer grants
  
  in your area. Visit our mortgage education center for handy pointers and information. And from applying for a loan to handling 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 details on your escrow, send an insurance claim, request a reward quote or check 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 learn more, check out the Banking Education Center. For concerns or concerns, please contact Chase client service or let us know at Chase
  
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