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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 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 completed, the title has actually been moved and the residential or commercial property is prepared to be marketed, it will be available for sale through a local realty agent.
  
  Who would I call 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 realty representative is your best source for details about the residential or commercial property. The listing agent's details is typically found on a "For Sale" sign in the backyard or a quick internet search of the residential or commercial property's address will lead to websites with this details.
  
  Is a list of Chase foreclosures offered?
  
  Due to privacy concerns, we do not offer lists of residential or commercial properties in the foreclosure procedure.
  
  Buying a Chase REO residential or commercial property
  
  Does Chase offer REO residential or commercial properties directly to the public?
  
  No, the regional listing property agents collaborate with possible buyers 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 price.
  
  Can I make an offer 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 provide a pre-foreclosure offer to the owner's listing representative for the residential or commercial property, not us. Your property agent ought to have the ability to deal with you and assist you present a deal to the owner's property representative.
  
  How can I acquire a REO residential or commercial property from Chase?
  
  We use choose national suppliers to manage our REO residential or commercial properties. These companies employ several regional representatives to market and offer the residential or commercial properties. Any showings and deals require to be transported through the local representatives.
  
  We currently utilize the following companies: 24 Asset Management Corporation/ 24asset. com
  
  Offers for Chase REO residential or commercial properties must be made through the listing genuine estate agent.
  
  I already have a property agent. Can I present an offer to you through my realty agent?
  
  You can ask your genuine estate representative to write your offer and present it to the regional genuine estate representative, who'll then present it to us. The sale of the residential or commercial properties follows standard property procedures applicable 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 individual valuables you can arrange a residential or commercial property examination if you have actually a fully performed sales agreement with us to acquire the residential or commercial property. Any assessments will be at your expense 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. Similar to any other property deal it is the responsibility of the purchaser to schedule any examinations they deem required.
  
  Financing
  
  Do you provide financing alternatives on the Chase REO residential or commercial properties?
  
  Yes, we might offer financing for specific residential or commercial properties. Please call the Home Lending Advisor at your regional Chase Bank branch for more information about our financing choices.
  
  Tenant, Relocation Assistance, Other
  
  I am a property representative. Can I list Chase REO residential or commercial properties?
  
  Chase does not work with property agents straight. We utilize a selected nationwide 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 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 regional real estate representative appointed to the residential or commercial property will try to reach you after the foreclosure sale. You can also 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 costs. The local genuine estate representative will try to make contact and will be able to provide extra information. Follow us: -Facebook- Instagram- X, previously Twitter -YouTube -LinkedIn -Pinterest Chase Home Lending We provide a range
  of mortgages for
  purchasing a new home or re-financing your existing one. New to homebuying
  ? Our Learning Center
  
  offers easy-to-use mortgage calculators, academic short articles and more. Our supreme guide for newbie property buyers offers an overview of the procedure from start to complete. And from looking for a loan to handling your mortgage, Chase MyHome has everything you require. Buying a Home Whether you're identifying just 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 buying procedure. See our current mortgage rates, low deposit options, and jumbo mortgage loans. Refinance Refinance your existing mortgage to lower your regular monthly payments, pay off your loan sooner, or gain access to cash for a big purchase. Use our home worth estimator
  
  to approximate the
  present value of your home. See our current refinance rates and compare refinance alternatives. Affordability Our budget friendly loaning alternatives, including FHA loans and VA loans, aid make homeownership possible. Have a look at our cost calculator, and search for homebuyer grants
  
  in your area. Visit our mortgage education center for practical tips and details. And from getting a loan to managing your mortgage, Chase MyHome has you covered. Home Lending Client Service Go to Chase mortgage services to manage your account. Make a mortgage payment, get info on your escrow, submit an insurance coverage claim, demand a payoff quote or check in to your account
  
  . Go to Chase home equity services to handle your home equity account. About Chase Chase serves countless individuals with a broad series of products. To read more, go to the Banking Education Center. For concerns or issues, please contact Chase customer support or let us know at Chase
  
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