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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 finished, the title has been moved and the residential or commercial property is prepared to be marketed, it will be offered for sale through a regional property representative.
  
  Who would I get in touch with if I have questions about a residential or commercial property?
  
  All Chase REO residential or commercial properties are listed with a local property agent. The regional genuine estate representative is your finest source for details about the residential or commercial property. The listing agent's info is generally located on a "For Sale" check in the yard or a fast web search of the residential or commercial property's address will lead to websites with this details.
  
  Is a list of Chase foreclosures available?
  
  Due to personal 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 general public?
  
  No, the local listing real estate agents collaborate 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 fair market value.
  
  Can I make a deal on a residential or commercial property before the foreclosure is complete?
  
  Yes, in some cases a residential or commercial property is noted for sale by its owner prior to a foreclosure sale. You can provide a pre-foreclosure deal to the owner's listing representative for the residential or commercial property, not us. Your real estate representative should be able to deal with you and assist you provide a deal to the owner's realty 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 companies employ a number of local representatives to market and offer the residential or commercial properties. Any showings and deals need to be transported through the regional agents.
  
  We currently use the following companies: 24 Asset Management Corporation/ 24asset. com
  
  Offers for Chase REO residential or commercial properties need to be made through the listing property agent.
  
  I currently have a real estate agent. Can I present a deal to you through my realty agent?
  
  You can ask your real estate representative to write your offer and present it to the regional property agent, who'll then provide it to us. The sale of the residential or commercial properties follows basic real estate procedures applicable to the state where the residential or commercial property is situated.
  
  Can I inspect the residential or commercial property?
  
  If residential or commercial property being purchased is vacant of occupants and individual possessions you can arrange a residential or commercial property inspection if you have a completely carried out sales contract with us to acquire the residential or commercial property. Any examinations will be at your expenditure and needs to be scheduled 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 property transaction it is the obligation of the purchaser to schedule any examinations they deem needed.
  
  Financing
  
  Do you offer financing 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 local Chase Bank branch for additional details about our funding options.
  
  Tenant, Relocation Assistance, Other
  
  I am a real estate representative. Can I list Chase REO residential or commercial properties?
  
  Chase doesn't hire realty representatives directly. We utilize a chosen national provider to manage our REO residential or commercial properties. This service provider employs local representatives to market and sell the residential or commercial properties.
  
  You can reach this 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 get in touch with? The local real estate representative assigned to the residential or commercial property will attempt to reach you after the foreclosure sale. You can likewise connect to the law practice who managed the foreclosure for more information. Relocation Assistance might be readily available on a case by case basis to assist in moving expenditures. The regional realty agent will attempt to make contact and will have the ability to provide additional information. Follow us: -Facebook- Instagram- X, previously Twitter -YouTube -LinkedIn -Pinterest Chase Home Lending We provide a variety
  of mortgages for
  purchasing a new home or re-financing your existing one. New to homebuying
  ? Our Learning Center
  
  provides user friendly mortgage calculators, instructional posts and more. Our ultimate guide for newbie homebuyers provides an introduction of the procedure from start to end up. And from using for a loan to managing your mortgage, Chase MyHome has everything you need. Buying a House Whether you're identifying just how much home you can pay for, estimating your regular 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 existing mortgage rates, low down payment options, and jumbo mortgage loans. Refinance Refinance your existing mortgage to lower your monthly payments, settle your loan faster, or gain access to money for a large purchase. Use our home worth estimator
  
  to approximate the
  present worth of your home. See our present refinance rates and compare refinance alternatives. Affordability Our budget-friendly financing options, consisting of FHA loans and VA loans, aid make homeownership possible. Have a look at our price calculator, and try to find homebuyer grants
  
  in your area. Visit our mortgage education center for valuable pointers and info. And from obtaining a loan to handling your mortgage, Chase MyHome has you covered. Home Lending Client Service Go to Chase mortgage services to handle your account. Make a mortgage payment, get info on your escrow, send an insurance coverage claim, request a reward quote or sign in to your account
  
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