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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 utilized to describe a residential or commercial property that was obtained 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 process is finished, the title has actually been moved and the residential or commercial property is all set to be marketed, it will be offered for sale through a regional realty representative.
  
  Who would I contact if I have concerns about a residential or commercial property?
  
  All Chase REO residential or commercial properties are noted with a local realty representative. The regional real estate agent is your best source for info about the residential or commercial property. The listing representative's info is generally found on a "For Sale" indication in the lawn or a quick internet search of the residential or commercial property's address will result in sites with this details.
  
  Is a list of Chase foreclosures offered?
  
  Due to privacy issues, 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 general public?
  
  No, the regional listing realty representatives collaborate with potential purchasers and present all offers to us.
  
  Does Chase offer residential or commercial properties at a discount rate?
  
  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, sometimes 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 must be able to work with you and help you provide an offer to the owner's realty agent.
  
  How can I acquire a REO residential or commercial property from Chase?
  
  We make use of select nationwide providers to manage our REO residential or commercial properties. These companies employ a number of regional agents to market and offer the residential or commercial properties. Any provings and offers require to be carried through the local representatives.
  
  We presently utilize the following companies: 24 Asset Management Corporation/ 24asset. com
  
  Offers for Chase REO residential or commercial properties must be made through the listing property agent.
  
  I already have a realty representative. Can I provide a deal to you through my property agent?
  
  You can ask your property representative to write your offer and present it to the regional property representative, who'll then provide it to us. The sale of the residential or commercial properties follows basic real estate procedures appropriate to the state where the residential or commercial property lies.
  
  Can I inspect the residential or commercial property?
  
  If residential or commercial property being bought is uninhabited of occupants and individual possessions you can arrange a residential or commercial property evaluation if you have actually a totally performed sales contract with us to buy the residential or commercial property. Any examinations will be at your expenditure and needs to be arranged 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 warranty. As with any other property deal it is the duty of the purchaser to set up any evaluations they consider required.
  
  Financing
  
  Do you use funding alternatives on the Chase REO residential or commercial properties?
  
  Yes, we might provide funding for certain residential or commercial properties. Please call the Home Lending Advisor at your local Chase Bank branch for further details about our financing choices.
  
  Tenant, Relocation Assistance, Other
  
  I am a property agent. Can I note Chase REO residential or commercial properties?
  
  Chase doesn't work with real estate representatives straight. We make use of a picked nationwide company to handle our REO residential or commercial properties. This supplier utilizes 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 tenant in a foreclosed residential or commercial property. Who should I get in touch with? The local genuine estate agent designated to the residential or commercial property will try to make contact with you after the foreclosure sale. You can likewise reach out to the law company who handled the foreclosure for additional information. Relocation Assistance may be offered on a case by case basis to help in moving expenditures. The regional realty representative will attempt to make contact and will have the ability to supply extra details. Follow us: -Facebook- Instagram- X, previously Twitter -YouTube -LinkedIn -Pinterest Chase Home Lending We provide a range
  of mortgages for
  buying a new home or refinancing your existing one. New to homebuying
  ? Our Learning Center
  
  offers easy-to-use mortgage calculators, academic short articles and more. Our supreme guide for buyers provides an introduction of the procedure from start to finish. And from getting a loan to handling your mortgage, Chase MyHome has everything you need. Buying a House Whether you're identifying how much house you can pay for, approximating 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 existing mortgage rates, low deposit choices, and jumbo mortgage loans. Refinance Refinance your existing mortgage to decrease your monthly payments, pay off your loan faster, or access cash for a big purchase. Use our home value estimator
  
  to estimate the
  present worth of your home. See our existing refinance rates and compare re-finance alternatives. Affordability Our affordable loaning options, consisting of FHA loans and VA loans, assistance make homeownership possible. Check out our cost calculator, and try to find homebuyer grants
  
  in your location. Visit our mortgage education center for valuable suggestions and information. And from requesting a loan to managing 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 info on your escrow, submit an insurance claim, demand a payoff quote or sign in to your account
  
  . Go to Chase home equity services to handle your home equity account. About Chase Chase serves countless people with a broad variety of items. To get more information, visit the Banking Education Center. For concerns or issues, please contact Chase client service or let us know at Chase
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