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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, 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 process 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 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 regional real estate agent. The local realty agent is your finest source for info about the residential or commercial property. The listing representative's details is usually located on a "For Sale" indication in the backyard or a fast internet 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 personal privacy issues, we do not supply 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 public?
  
  No, the local listing real estate representatives coordinate with potential purchasers and present all offers 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 price.
  
  Can I make an offer on a residential or commercial property before the foreclosure is total?
  
  Yes, in many cases a residential or commercial property is listed for sale by its owner prior to a foreclosure sale. You can provide a pre-foreclosure offer to the owner's listing agent for the residential or commercial property, not us. Your real estate agent should be able to work with you and assist you present a deal to the owner's real estate agent.
  
  How can I acquire a REO residential or commercial property from Chase?
  
  We use service providers to manage our REO residential or commercial properties. These suppliers use a number of regional agents to market and offer the residential or commercial properties. Any provings and deals need to be carried through the local agents.
  
  We presently use the following suppliers: 24 Asset Management Corporation/ 24asset. com
  
  Offers for Chase REO residential or commercial properties should be made through the listing real estate representative.
  
  I currently have a property agent. Can I provide a deal to you through my property representative?
  
  You can ask your realty agent to compose your offer and present it to the local realty agent, who'll then provide it to us. The sale of the residential or commercial properties follows standard realty procedures appropriate to the state where the residential or commercial property lies.
  
  Can I check the residential or commercial property?
  
  If residential or commercial property being acquired is uninhabited of residents and individual valuables you can arrange a residential or commercial property assessment if you have actually a totally performed sales agreement with us to acquire the residential or commercial property. Any inspections will be at your cost and ought to be set up through the listing agent. All Chase REO residential or commercial properties are offered and offered "as is," "where is," and with "all faults" basis without representation or warranty. Similar to any other property deal it is the obligation of the buyer to arrange any evaluations they deem necessary.
  
  Financing
  
  Do you offer funding choices on the Chase REO residential or commercial properties?
  
  Yes, we may provide financing for particular residential or commercial properties. Please call the Home Lending Advisor at your local Chase Bank branch for further information about our financing choices.
  
  Tenant, Relocation Assistance, Other
  
  I am a realty agent. Can I list Chase REO residential or commercial properties?
  
  Chase does not hire realty representatives directly. We utilize a chosen national company to handle our REO residential or commercial properties. This provider utilizes regional representatives to market and sell the residential or commercial properties.
  
  You can reach this supplier 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 regional property representative assigned to the residential or commercial property will attempt to make contact with you after the foreclosure sale. You can also reach out to the law practice who dealt with the foreclosure to learn more. Relocation Assistance may be readily available on a case by case basis to help in moving costs. The regional property representative will attempt 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 variety
  of mortgages for
  buying 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 novice property buyers offers an introduction of the procedure from start to finish. And from requesting a loan to managing your mortgage, Chase MyHome has whatever you need. Buying a Home Whether you're identifying just how much home 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 procedure. See our current mortgage rates, low down payment alternatives, and jumbo mortgage loans. Refinance Refinance your existing mortgage to reduce your regular monthly payments, settle your loan sooner, or access money for a large purchase. Use our home value estimator
  thespires.co.uk
  to approximate the
  present worth of your home. See our present re-finance rates and compare refinance options. Affordability Our budget-friendly financing alternatives, consisting of FHA loans and VA loans, help make homeownership possible. Check out our price calculator, and search for property buyer grants
  
  in your area. Visit our mortgage education center for valuable ideas and details. And from using for a loan to handling your mortgage, Chase MyHome has you covered. Home Lending Customer Service Go to Chase mortgage services to handle your account. Make a mortgage payment, get information on your escrow, submit an insurance coverage claim, request 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 variety of items. To read more, visit the Banking Education Center. For questions or issues, please contact Chase customer care or let us understand at Chase
  
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