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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 obtained 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 completed, the title has been transferred and the residential or commercial property is ready to be marketed, it will be readily available for sale through a regional genuine estate agent.
  
  Who would I call if I have questions about a residential or commercial property?
  
  All Chase REO residential or commercial properties are noted with a local property agent. The local property representative is your best source for details about the residential or commercial property. The listing agent's information is normally located on a "For Sale" check in the yard or a quick web search of the residential or commercial property's address will result in websites with this details.
  
  Is a list of Chase foreclosures readily 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 offer REO residential or commercial properties straight to the general public?
  
  No, the regional listing real estate representatives coordinate with possible purchasers and present all offers to us.
  
  Does Chase offer residential or commercial properties at a discount?
  
  We note and offer 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 deal to the owner's listing agent for the residential or commercial property, not us. Your property agent ought to be able to deal with you and assist you present an offer to the owner's realty representative.
  
  How can I acquire a REO residential or commercial property from Chase?
  
  We make use of choose nationwide providers to handle our REO residential or commercial properties. These service providers use several local representatives to market and sell the residential or commercial properties. Any showings and offers need to be funnelled through the local representatives.
  
  We currently use the following suppliers: 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 genuine estate agent. Can I present an offer to you through my realty representative?
  
  You can ask your realty agent to compose your offer and present it to the regional realty representative, who'll then present it to us. The sale of the residential or follows basic realty treatments applicable to the state where the residential or commercial property is located.
  
  Can I examine the residential or commercial property?
  
  If residential or commercial property being bought is vacant of occupants and personal valuables you can arrange a residential or commercial property inspection if you have a totally carried out sales agreement with us to buy the residential or commercial property. Any examinations will be at your expense and needs to be scheduled 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 service warranty. Just like any other property transaction it is the duty of the buyer to schedule any examinations they consider essential.
  
  Financing
  
  Do you offer financing choices on the Chase REO residential or commercial properties?
  
  Yes, we may provide financing for certain residential or commercial properties. Please contact the Home Lending Advisor at your regional Chase Bank branch for additional details about our funding choices.
  
  Tenant, Relocation Assistance, Other
  
  I am a realty agent. Can I note Chase REO residential or commercial properties?
  
  Chase does not work with realty agents directly. We utilize a chosen nationwide supplier to manage our REO residential or commercial properties. This supplier uses local representatives to market and offer the residential or commercial properties.
  
  You can reach this service provider through the following channel:
  
  24 Asset Management Corporation
• Email: vendormanagement@24asset.com!.?.! I am an occupant in a foreclosed residential or commercial property. Who should I call? The regional realty representative designated to the residential or commercial property will attempt to reach you after the foreclosure sale. You can likewise connect to the law office who managed the foreclosure for additional information. Relocation Assistance may be readily available on a case by case basis to help in moving expenditures. The local real estate agent will attempt to make contact and will be able to provide additional details. Follow us: -Facebook- Instagram- X, formerly Twitter -YouTube -LinkedIn -Pinterest Chase Home Lending We provide a variety
  of mortgages for
  purchasing a new home or re-financing your existing one. New to homebuying
  ? Our Learning Center
  
  offers user friendly mortgage calculators, instructional articles and more. Our supreme guide for novice homebuyers offers a summary of the process from start to end up. And from obtaining a loan to handling your mortgage, Chase MyHome has everything you need. Buying a House Whether you're figuring out how much house you can manage, approximating your monthly payment with our mortgage calculator or trying to find
  preapproval for
  
  a mortgage, we can assist you at any part of the home purchasing procedure. See our present mortgage rates, low down payment alternatives, and jumbo mortgage loans. Refinance Refinance your existing mortgage to decrease your month-to-month payments, pay off your loan quicker, or gain access to cash for a large purchase. Use our home value estimator
  
  to estimate the
  present value of your home. See our current refinance rates and compare re-finance alternatives. Affordability Our budget-friendly loaning alternatives, consisting of FHA loans and VA loans, help make homeownership possible. Take a look at our price calculator, and search for homebuyer grants
  
  in your area. Visit our mortgage education center for helpful ideas and details. And from obtaining a loan to handling your mortgage, Chase MyHome has you covered. Home Lending Customer Service Go to Chase mortgage services to manage your account. Make a mortgage payment, get details on your escrow, send an insurance coverage claim, demand a reward quote or indication in to your account
  
  . Go to Chase home equity services to handle your home equity account. About Chase Chase serves countless individuals with a broad variety of items. To read more, go to the Banking Education Center. For concerns or issues, please contact Chase customer care or let us understand at Chase
  
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