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Página: REO & Bank Owned Properties FAQs
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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 acquired by a bank, lender or servicer as an outcome of a foreclosure or deed-in-lieu of foreclosure. Once the foreclosure or deed-in-lieu of foreclosure procedure is finished, the title has actually been transferred and the residential or commercial property is ready to be marketed, it will be offered for sale through a local realty 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 local realty agent. The local property representative is your best source for details about the residential or commercial property. The listing representative's information is normally located on a "For Sale" check in the lawn or a fast web search of the residential or commercial property's address will cause websites with this info.

    Is a list of Chase foreclosures available?

    Due to personal 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 sell REO residential or commercial properties directly to the public?

    No, the local listing property representatives collaborate with prospective purchasers and present all deals to us.

    Does Chase sell residential or commercial properties at a discount?

    We note and sell residential or commercial properties at their fair market worth.

    Can I make a deal 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 provide a pre-foreclosure offer to the owner's listing representative for the residential or commercial property, not us. Your property representative must be able to work with you and assist you present an offer to the owner's real estate representative.

    How can I buy a REO residential or commercial property from Chase?

    We utilize select national suppliers to manage our REO residential or commercial properties. These companies use numerous regional agents to market and sell the residential or commercial properties. Any showings and deals need to be directed through the local agents.

    We currently make use of the following companies: 24 Asset Management Corporation/ 24asset. com

    Offers for Chase REO residential or commercial properties must be made through the listing real estate agent.

    I currently have a realty agent. Can I present a deal to you through my realty representative?

    You can ask your property agent to write your offer and present it to the regional real estate representative, who'll then present 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 lies.

    Can I inspect the residential or commercial property?

    If residential or commercial property being purchased is uninhabited of occupants and personal possessions you can schedule a residential or commercial property assessment if you have a totally performed sales contract with us to purchase the residential or commercial property. Any inspections will be at your expense and needs to be arranged through the listing representative. All Chase REO residential or commercial properties are used and offered "as is," "where is," and with "all faults" basis without representation or guarantee. As with any other genuine estate transaction it is the duty of the buyer to schedule any assessments they deem needed.

    Financing

    Do you provide financing choices on the Chase REO residential or commercial properties?

    Yes, we may offer financing for specific residential or commercial properties. Please contact the Home Lending Advisor at your regional Chase Bank branch for additional information about our financing options.

    Tenant, Relocation Assistance, Other

    I am a real estate representative. Can I list Chase REO residential or commercial properties?

    Chase doesn't hire property agents directly. We make use of a picked nationwide supplier to manage our REO residential or commercial properties. This company uses regional representatives 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 renter in a foreclosed residential or commercial property. Who should I call? The regional real estate representative 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 firm who dealt with the foreclosure to find out more. Relocation Assistance may be readily available on a case by case basis to help in moving expenditures. The local realty agent will try to make contact and will have the ability to provide extra information. Follow us: -Facebook- Instagram- X, formerly Twitter -YouTube -LinkedIn -Pinterest Chase Home Lending We provide a variety
    of mortgages for
    purchasing a brand-new home or refinancing your existing one. New to homebuying
    ? Our Learning Center

    offers user friendly mortgage calculators, instructional short articles and more. Our ultimate guide for first-time property buyers provides an overview of the procedure from start to complete. And from requesting a loan to handling your mortgage, Chase MyHome has whatever you require. Buying a Home Whether you're figuring out just how much house you can manage, estimating your regular monthly payment with our mortgage calculator or searching for
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    a mortgage, we can assist you at any part of the home purchasing process. See our existing mortgage rates, low down payment alternatives, and jumbo mortgage loans. Refinance Refinance your existing mortgage to decrease your monthly payments, settle your loan earlier, or access money for a large purchase. Use our home worth estimator

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    existing worth of your home. See our present re-finance rates and compare refinance choices. Affordability Our budget friendly loaning choices, including FHA loans and VA loans, help make homeownership possible. Have a look at our cost calculator, and look for homebuyer grants

    in your area. Visit our mortgage education center for valuable pointers and info. And from looking 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, demand a payoff quote or check in to your account

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