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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 describe 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 completed, the title has actually been moved and the residential or commercial property is ready to be marketed, it will be available for sale through a local property agent.
  
  Who would I call if I have questions about a residential or commercial property?
  
  All Chase REO residential or commercial properties are noted with a local realty agent. The regional real estate representative is your best source for details about the residential or commercial property. The listing representative's info is normally located on a "For Sale" indication in the yard or a quick web search of the residential or commercial property's address will result in sites with this details.
  
  Is a list of Chase foreclosures readily available?
  
  Due to 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 sell REO residential or commercial properties straight to the general public?
  
  No, the regional listing real estate representatives coordinate with potential buyers and present all deals to us.
  
  Does Chase sell residential or commercial properties at a discount?
  
  We note and offer residential or commercial properties at their reasonable market price.
  
  Can I make an offer on a residential or commercial property before the foreclosure is total?
  
  Yes, in some 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 representative for the residential or commercial property, not us. Your real estate agent should be able to work with you and help you present a deal to the owner's realty agent.
  
  How can I buy a REO residential or commercial property from Chase?
  
  We make use of select national companies to manage our REO residential or commercial properties. These providers utilize several local representatives to market and sell the residential or commercial properties. Any provings and deals need to be directed through the local representatives.
  
  We presently use the following suppliers: 24 Asset Management Corporation/ 24asset. com
  
  Offers for Chase REO residential or commercial properties must be made through the listing property representative.
  
  I currently have a property representative. Can I provide an offer to you through my realty representative?
  
  You can ask your property representative to compose your offer and present it to the regional real estate agent, who'll then provide it to us. The sale of the residential or commercial properties follows standard property treatments 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 bought is uninhabited of occupants and individual possessions you can set up a residential or commercial property evaluation if you have a completely carried out sales contract with us to purchase the residential or commercial property. Any evaluations will be at your cost and needs to be set up 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 warranty. Similar to any other realty deal it is the duty of the purchaser to schedule any inspections they consider required.
  
  Financing
  
  Do you offer funding 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 for additional details about our funding options.
  
  Tenant, Relocation Assistance, Other
  
  I am a realty agent. Can I note Chase REO residential or commercial properties?
  
  Chase doesn't employ realty agents straight. We make use of a selected national company to manage our REO residential or commercial properties. This provider employs regional representatives to market and sell 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 a tenant in a foreclosed residential or commercial property. Who should I contact? The local real estate agent appointed 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 company who dealt with the foreclosure to learn more. Relocation Assistance might be offered on a case by case basis to help in moving expenses. The local property representative will attempt to make contact and will have the ability to offer extra information. Follow us: -Facebook- Instagram- X, formerly Twitter -YouTube -LinkedIn -Pinterest Chase Home Lending We offer a range
  of mortgages for
  purchasing a new home or refinancing your existing one. New to homebuying
  ? Our Learning Center
  
  offers user friendly mortgage calculators, educational short articles and more. Our ultimate guide for novice property buyers offers an introduction of the process from start to end up. And from making an application for a loan to managing your mortgage, Chase MyHome has everything you need. Buying a House Whether you're identifying just how much house you can manage, estimating your monthly payment with our mortgage calculator or looking for
  preapproval for
  
  a mortgage, we can help you at any part of the home buying process. See our current mortgage rates, low deposit choices, and jumbo mortgage loans. Refinance Refinance your existing mortgage to reduce your monthly payments, settle your loan quicker, or gain access to cash for a large purchase. Use our home value estimator
  
  to estimate the
  present worth of your home. See our present refinance rates and compare refinance alternatives. Affordability Our inexpensive financing options, consisting of FHA loans and VA loans, assistance make homeownership possible. Check out our cost calculator, and try to find homebuyer grants
  
  in your area. Visit our mortgage education center for handy ideas and details. And from requesting 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 information on your escrow, submit an insurance coverage claim, demand 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 millions of individuals with a broad range of items. To read more, check out the Banking Education Center. For concerns or concerns, please contact Chase customer care or let us know at Chase
  
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