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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 explain a residential or commercial property that was gotten by a bank, loan provider 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 finished, the title has actually been moved and the residential or commercial property is prepared to be marketed, it will be readily available for sale through a regional property agent.
  
  Who would I get in touch with if I have concerns about a residential or commercial property?
  
  All Chase REO residential or commercial properties are listed with a regional property agent. The local genuine estate agent is your finest source for info about the residential or commercial property. The listing representative's details is normally located on a "For Sale" sign in the backyard or a quick web search of the residential or commercial property's address will cause sites with this info.
  
  Is a list of Chase foreclosures readily available?
  
  Due to privacy concerns, we do not offer lists of residential or commercial properties in the foreclosure process.
  
  Buying a Chase REO residential or commercial property
  
  Does Chase offer REO residential or commercial properties straight to the public?
  
  No, the local listing realty agents coordinate with possible buyers and present all deals to us.
  
  Does Chase offer residential or commercial properties at a discount rate?
  
  We note and sell 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, sometimes 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 genuine estate agent should be able to deal with you and help you present a deal to the owner's property representative.
  
  How can I acquire a REO residential or commercial property from Chase?
  
  We utilize select nationwide companies to manage our REO residential or commercial properties. These providers employ a number of regional agents to market and sell the residential or commercial properties. Any showings and offers require to be through the regional representatives.
  
  We currently use the following suppliers: 24 Asset Management Corporation/ 24asset. com
  
  Offers for Chase REO residential or commercial properties need to be made through the listing property agent.
  
  I already have a real estate representative. Can I provide a deal to you through my realty representative?
  
  You can ask your realty representative to compose your deal and present it to the regional genuine estate agent, who'll then present it to us. The sale of the residential or commercial properties follows basic property procedures suitable to the state where the residential or commercial property is situated.
  
  Can I check the residential or commercial property?
  
  If residential or commercial property being purchased is vacant of residents and individual valuables you can set up a residential or commercial property inspection if you have actually a fully carried out sales agreement with us to purchase the residential or commercial property. Any examinations will be at your cost and ought to be set up through the listing representative. All Chase REO residential or commercial properties are provided and offered "as is," "where is," and with "all faults" basis without representation or guarantee. Just like any other real estate deal it is the duty of the purchaser to set up any evaluations they consider required.
  
  Financing
  
  Do you use financing choices on the Chase REO residential or commercial properties?
  
  Yes, we might provide financing for certain residential or commercial properties. Please call the Home Lending Advisor at your local Chase Bank branch for further details about our financing alternatives.
  
  Tenant, Relocation Assistance, Other
  
  I am a property agent. Can I note Chase REO residential or commercial properties?
  
  Chase doesn't work with property representatives directly. We use a chosen nationwide company to handle our REO residential or commercial properties. This provider employs regional agents 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 tenant in a foreclosed residential or commercial property. Who should I get in touch with? The regional realty agent designated to the residential or commercial property will try to make contact with you after the foreclosure sale. You can also connect to the law office who handled the foreclosure to find out more. Relocation Assistance may be readily available on a case by case basis to help in moving expenses. The local property representative will attempt to make contact and will be able to offer extra details. Follow us: -Facebook- Instagram- X, previously Twitter -YouTube -LinkedIn -Pinterest Chase Home Lending We use a range
  of mortgages for
  buying a brand-new home or refinancing your existing one. New to homebuying
  ? Our Learning Center
  
  provides easy-to-use mortgage calculators, educational articles and more. Our ultimate guide for newbie homebuyers gives an introduction of the process from start to end up. And from requesting a loan to handling your mortgage, Chase MyHome has whatever you need. Buying a Home Whether you're determining just how much house you can manage, estimating your regular 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 process. See our current mortgage rates, low deposit choices, and jumbo mortgage loans. Refinance Refinance your existing mortgage to lower your monthly payments, settle your loan quicker, or access money for a large purchase. Use our home worth estimator
  
  to approximate the
  existing value of your home. See our current re-finance rates and compare refinance choices. Affordability Our cost effective financing choices, consisting of FHA loans and VA loans, aid make homeownership possible. Check out our affordability calculator, and look for homebuyer grants
  
  in your location. Visit our mortgage education center for helpful ideas and info. And from making an application for a loan to managing 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 details 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 manage your home equity account. About Chase Chase serves countless individuals with a broad series of items. To learn more, visit the Banking Education Center. For questions or issues, please contact Chase customer support or let us know at Chase
  
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