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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 obtained 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 procedure is completed, the title has actually been transferred and the residential or commercial property is prepared to be marketed, it will be available for sale through a regional property agent.
  
  Who would I call 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 local property representative is your finest source for information about the residential or commercial property. The listing representative's info is generally found on a "For Sale" check in the yard or a quick internet search of the residential or commercial property's address will cause sites with this details.
  
  Is a list of Chase foreclosures readily available?
  
  Due to 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 general public?
  
  No, the local listing real estate agents coordinate with possible buyers and present all offers to us.
  
  Does Chase offer residential or commercial properties at a discount?
  
  We list and sell 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 real estate representative must have the ability to work with you and help you present an offer to the owner's real estate representative.
  
  How can I acquire a REO residential or commercial property from Chase?
  
  We make use of select nationwide providers to manage our REO residential or commercial properties. These providers use several local agents to market and offer the residential or commercial properties. Any provings and deals require to be funnelled through the regional agents.
  
  We currently 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 property agent.
  
  I already have a genuine estate representative. Can I present a deal to you through my realty agent?
  
  You can ask your realty agent to write your offer and present it to the local property representative, who'll then provide it to us. The sale of the residential or commercial properties follows basic property treatments 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 residents and personal possessions you can arrange a residential or commercial property assessment if you have actually a completely carried out sales agreement with us to acquire the residential or commercial property. Any evaluations will be at your expense and needs to be arranged through the listing agent. All Chase REO residential or commercial properties are offered and sold "as is," "where is," and with "all faults" basis without representation or guarantee. Similar to any other real estate transaction it is the duty of the buyer to schedule any inspections they deem necessary.
  
  Financing
  
  Do you use funding options on the Chase REO residential or commercial properties?
  
  Yes, we might provide financing for particular residential or commercial properties. Please call the Home Lending Advisor at your regional Chase Bank branch for more details about our funding alternatives.
  
  Tenant, Relocation Assistance, Other
  
  I am a genuine estate agent. Can I note Chase REO residential or commercial properties?
  
  Chase doesn't hire realty representatives straight. We utilize a chosen national company to manage our REO residential or commercial properties. This company utilizes local 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 regional genuine estate agent appointed to the residential or commercial property will try to make contact with you after the foreclosure sale. You can likewise connect to the law practice who dealt with the foreclosure for more details. Relocation Assistance might be readily available on a case by case basis to assist in moving expenditures. The local realty agent will attempt to make contact and will be able to supply additional details. Follow us: -Facebook- Instagram- X, formerly Twitter -YouTube -LinkedIn -Pinterest Chase Home Lending We provide a range
  of mortgages for
  purchasing a brand-new home or re-financing your existing one. New to homebuying
  ? Our Learning Center
  
  provides user friendly mortgage calculators, instructional short articles and more. Our ultimate guide for newbie homebuyers provides an introduction of the procedure from start to complete. And from obtaining a loan to handling your mortgage, Chase MyHome has whatever you require. Buying a House Whether you're figuring out just how much home you can pay for, estimating your monthly payment with our mortgage calculator or searching for
  preapproval for
  
  a mortgage, we can assist 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 decrease your monthly payments, pay off your loan sooner, or gain access to cash for a big purchase. Use our home worth estimator
  
  to estimate the
  existing value of your home. See our present refinance rates and compare re-finance options. Affordability Our budget-friendly loaning options, consisting of FHA loans and VA loans, assistance make homeownership possible. Take a look at our price calculator, and search for property buyer grants
  
  in your area. Visit our mortgage education center for useful suggestions 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 handle your account. Make a mortgage payment, get info on your escrow, send an insurance coverage claim, demand a payoff quote or indication in to your account
  
  . Go to Chase home equity services to manage your home equity account. About Chase Chase serves countless people with a broad range of items. To learn more, go to the Banking Education Center. For concerns or concerns, please contact Chase customer service or let us know at Chase
  
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