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  REO & bank owned residential or commercial properties FAQs
  
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  Chase Real Estate Owned Properties
  
  Definitions
  dailymail.co.uk
  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 obtained by a bank, lending institution 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 moved and the residential or commercial property is all set to be marketed, it will be readily available for sale through a regional realty agent.
  
  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 listed with a local property representative. The regional realty agent is your best source for details about the residential or commercial property. The listing representative's details is normally found on a "For Sale" indication in the backyard or a quick web search of the residential or commercial property's address will result in sites with this info.
  
  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 offer REO residential or commercial properties straight to the general public?
  
  No, the local listing property agents coordinate with prospective purchasers and present all deals to us.
  
  Does Chase offer residential or commercial properties at a discount rate?
  
  We list and offer residential or commercial properties at their reasonable market value.
  
  Can I make an offer on a residential or commercial property before the foreclosure is complete?
  
  Yes, in some cases a residential or commercial property is listed 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 property representative should have the ability to work with you and help you provide a deal to the owner's realty agent.
  
  How can I buy a REO residential or commercial property from Chase?
  
  We utilize select national suppliers to manage our REO residential or commercial properties. These suppliers employ a number of local representatives to market and offer the residential or commercial properties. Any provings and deals require to be transported through the local agents.
  
  We currently use the following providers: 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 realty representative. Can I present a deal to you through my realty agent?
  
  You can ask your genuine estate agent to compose your offer and present it to the local property agent, who'll then provide it to us. The sale of the residential or commercial properties follows standard property treatments relevant to the state where the residential or commercial property lies.
  
  Can I check the residential or commercial property?
  
  If residential or commercial property being purchased is uninhabited of occupants and personal valuables you can set up a residential or commercial property evaluation if you have actually a completely executed sales agreement with us to purchase the residential or commercial property. Any inspections will be at your expense and needs to be set up 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 warranty. Just like any other genuine estate deal it is the responsibility of the purchaser to schedule any inspections they deem essential.
  
  Financing
  
  Do you offer financing choices on the Chase REO residential or commercial properties?
  
  Yes, we may provide financing for certain residential or commercial properties. Please contact the Home Lending Advisor at your regional Chase Bank branch for additional information about our funding choices.
  
  Tenant, Relocation Assistance, Other
  
  I am a realty representative. Can I list Chase REO residential or commercial properties?
  
  Chase doesn't employ property representatives directly. We use a picked nationwide supplier to manage our REO residential or commercial properties. This provider uses regional representatives 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 a renter in a foreclosed residential or commercial property. Who should I get in touch with? The local realty agent designated to the residential or commercial property will try to reach you after the foreclosure sale. You can likewise connect to the law practice who handled the foreclosure for more details. Relocation Assistance might be available on a case by case basis to help in moving costs. The regional realty agent will attempt to make contact and will be able to supply extra information. Follow us: -Facebook- Instagram- X, previously Twitter -YouTube -LinkedIn -Pinterest Chase Home Lending We offer a variety
  of mortgages for
  purchasing a new home or re-financing your existing one. New to homebuying
  ? Our Learning Center
  
  offers user friendly mortgage calculators, instructional articles and more. Our supreme guide for newbie homebuyers gives an introduction of the process from start to finish. And from requesting a loan to handling your mortgage, Chase MyHome has everything you require. Buying a Home Whether you're identifying just how much home you can pay for, approximating your month-to-month payment with our mortgage calculator or trying to find
  preapproval for
  
  a mortgage, we can assist you at any part of the home purchasing process. See our present mortgage rates, low down payment choices, and jumbo mortgage loans. Refinance Refinance your existing mortgage to decrease your monthly payments, settle your loan quicker, or gain access to money for a large purchase. Use our home worth estimator
  
  to approximate the
  present worth of your home. See our current refinance rates and compare refinance alternatives. Affordability Our cost effective lending options, including FHA loans and VA loans, aid make homeownership possible. Have a look at our cost calculator, and try to find homebuyer grants
  
  in your location. Visit our mortgage education center for practical pointers and info. And from making an application for a loan to handling your mortgage, Chase MyHome has you covered. Home Lending Customer Care Go to Chase mortgage services to manage your account. Make a mortgage payment, get details 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 items. To get more information, go to the Banking Education Center. For concerns or issues, please contact Chase customer support or let us understand at Chase
  
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