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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, loan provider 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 all set to be marketed, it will be available for sale through a local realty 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 real estate representative. The regional real estate representative is your finest source for information about the residential or commercial property. The listing representative's info is generally located on a "For Sale" sign 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 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 local listing realty agents collaborate with possible purchasers and present all offers to us.
  
  Does Chase sell residential or commercial properties at a discount?
  
  We list and sell 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 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 realty representative need to have the ability to deal with you and help you present an offer to the owner's genuine estate representative.
  
  How can I purchase a REO residential or commercial property from Chase?
  
  We utilize choose nationwide companies to manage our REO residential or commercial properties. These service providers use numerous regional representatives to market and sell the residential or commercial properties. Any showings and offers need to be carried through the local representatives.
  
  We currently utilize the following service providers: 24 Asset Management Corporation/ 24asset. com
  
  Offers for Chase REO residential or commercial properties should be made through the listing property agent.
  
  I currently have a realty representative. Can I provide an offer to you through my realty agent?
  
  You can ask your property agent to compose your offer and present it to the regional realty representative, who'll then provide it to us. The sale of the residential or commercial properties follows standard property treatments to the state where the residential or commercial property is located.
  
  Can I inspect the residential or commercial property?
  
  If residential or commercial property being purchased is uninhabited of residents and individual valuables you can arrange a residential or commercial property inspection if you have a totally performed sales agreement with us to purchase the residential or commercial property. Any examinations will be at your expense and should be set up through the listing representative. All Chase REO residential or commercial properties are used and sold "as is," "where is," and with "all faults" basis without representation or warranty. As with any other realty transaction it is the duty of the purchaser to schedule any examinations they deem required.
  
  Financing
  
  Do you offer financing choices on the Chase REO residential or commercial properties?
  
  Yes, we might use funding for particular residential or commercial properties. Please get in touch with the Home Lending Advisor at your local Chase Bank branch for more details about our financing choices.
  
  Tenant, Relocation Assistance, Other
  
  I am a property representative. Can I note Chase REO residential or commercial properties?
  
  Chase doesn't hire realty agents directly. We make use of a picked nationwide company to handle our REO residential or commercial properties. This supplier uses regional agents to market and sell 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 local property agent assigned to the residential or commercial property will try to reach you after the foreclosure sale. You can also reach out 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 expenditures. The regional property representative will attempt to make contact and will have the ability to offer extra details. Follow us: -Facebook- Instagram- X, formerly 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, instructional short articles and more. Our supreme guide for newbie homebuyers gives a summary of the process from start to complete. And from obtaining a loan to handling your mortgage, Chase MyHome has whatever you need. Buying a House Whether you're figuring out how much house you can afford, estimating your month-to-month payment with our mortgage calculator or searching for
  preapproval for
  
  a mortgage, we can assist you at any part of the home purchasing procedure. See our existing mortgage rates, low deposit options, and jumbo mortgage loans. Refinance Refinance your existing mortgage to decrease your monthly payments, settle your loan sooner, or gain access to money for a big purchase. Use our home worth estimator
  
  to approximate the
  current value of your home. See our present re-finance rates and compare refinance options. Affordability Our affordable lending choices, including FHA loans and VA loans, help make homeownership possible. Have a look at our affordability calculator, and search for homebuyer grants
  
  in your location. Visit our mortgage education center for valuable suggestions and details. And from making an application for a loan to handling your mortgage, Chase MyHome has you covered. Home Lending Customer Support Go to Chase mortgage services to manage your account. Make a mortgage payment, get details on your escrow, send an insurance claim, request a reward quote or sign 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 variety of items. To find out more, visit the Banking Education Center. For concerns or issues, please contact Chase client service or let us know at Chase
  
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