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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, loan provider 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 completed, 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 local property agent.
  
  Who would I call if I have concerns about a residential or commercial property?
  
  All Chase REO residential or commercial properties are listed with a regional genuine estate representative. The local real estate agent is your best source for info about the residential or commercial property. The listing agent's info is typically located on a "For Sale" indication in the backyard 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 readily available?
  
  Due to personal privacy concerns, we do not supply 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 realty representatives coordinate with potential purchasers 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 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 noted for sale by its owner prior to a foreclosure sale. You can provide a pre-foreclosure deal to the owner's listing agent for the residential or commercial property, not us. Your property agent should have the ability to deal with you and help you present a deal to the owner's property agent.
  
  How can I buy a REO residential or commercial property from Chase?
  
  We utilize select national suppliers to handle our REO residential or commercial properties. These suppliers utilize several local representatives to market and offer the residential or commercial properties. Any showings and offers need to be transported through the local agents.
  
  We currently make use of the following providers: 24 Asset Management Corporation/ 24asset. com
  
  Offers for Chase REO residential or commercial properties must be made through the listing property agent.
  
  I currently have a property representative. Can I provide an offer to you through my property agent?
  
  You can ask your property representative to compose your deal and present it to the local realty agent, who'll then present it to us. The sale of the residential or commercial properties follows basic realty treatments suitable 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 vacant of residents and individual possessions you can arrange a residential or commercial property evaluation if you have a totally carried out sales agreement with us to purchase the residential or commercial property. Any evaluations will be at your expenditure and ought to be arranged through the listing agent. All Chase REO residential or commercial properties are used and sold "as is," "where is," and with "all faults" basis without representation or guarantee. Similar to any other real estate transaction it is the responsibility of the purchaser to arrange any inspections they deem required.
  
  Financing
  
  Do you use financing alternatives on the Chase REO residential or commercial properties?
  
  Yes, we may 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 alternatives.
  
  Tenant, Relocation Assistance, Other
  
  I am a genuine estate agent. Can I list Chase REO residential or commercial properties?
  
  Chase does not employ real estate agents directly. We use a picked national provider 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 an occupant in a foreclosed residential or commercial property. Who should I get in touch with? The local real estate representative assigned to the residential or commercial property will try to reach you after the foreclosure sale. You can also connect to the law practice who dealt with the foreclosure to find out more. Relocation Assistance might be available on a case by case basis to help in moving costs. The regional realty representative will attempt 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 use a range
  of mortgages for
  buying a brand-new home or refinancing your existing one. New to homebuying
  ? Our Learning Center
  
  supplies easy-to-use mortgage calculators, educational posts and more. Our ultimate guide for newbie homebuyers gives an introduction of the procedure from start to finish. And from making an application for a loan to managing your mortgage, Chase MyHome has whatever you require. Buying a Home Whether you're figuring out how much house you can afford, estimating your regular monthly payment with our or searching for
  preapproval for
  
  a mortgage, we can help you at any part of the home buying procedure. See our existing mortgage rates, low down payment alternatives, and jumbo mortgage loans. Refinance Refinance your existing mortgage to reduce your regular monthly payments, pay off your loan earlier, or gain access to money for a large purchase. Use our home value estimator
  
  to estimate the
  existing worth of your home. See our present re-finance rates and compare re-finance alternatives. Affordability Our cost effective loaning alternatives, including FHA loans and VA loans, help make homeownership possible. Have a look at our price calculator, and search for property buyer grants
  
  in your area. Visit our mortgage education center for useful tips and info. And from using for a loan to managing your mortgage, Chase MyHome has you covered. Home Lending Client Service Go to Chase mortgage services to manage your account. Make a mortgage payment, get info on your escrow, send an insurance coverage claim, request a benefit quote or check in to your account
  
  . Go to Chase home equity services to manage your home equity account. About Chase Chase serves millions of individuals with a broad variety of products. To find out more, visit the Banking Education Center. For questions or concerns, please contact Chase client service or let us know at Chase
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