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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, lending institution 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 been moved and the residential or commercial property is ready to be marketed, it will be available for sale through a regional genuine estate agent.
  
  Who would I get in touch with if I have questions about a residential or commercial property?
  
  All Chase REO residential or commercial properties are listed with a regional property representative. The regional real estate representative is your best source for details about the residential or commercial property. The listing representative's info is generally located on a "For Sale" check in the lawn or a fast internet search of the residential or commercial property's address will cause sites with this information.
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  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 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 property representatives collaborate with potential buyers and present all deals to us.
  
  Does Chase offer residential or commercial properties at a discount rate?
  
  We list and offer residential or commercial properties at their reasonable market worth.
  
  Can I make an offer on a residential or commercial property before the foreclosure is total?
  
  Yes, sometimes a residential or commercial property is noted for sale by its owner prior to a foreclosure sale. You can present a pre-foreclosure deal to the owner's listing representative for the residential or commercial property, not us. Your property agent ought to have the ability to deal with you and assist you provide an offer to the owner's property representative.
  
  How can I buy a REO residential or commercial property from Chase?
  
  We utilize choose nationwide providers to manage our REO residential or commercial properties. These suppliers use several local representatives to market and offer the residential or commercial properties. Any showings and deals require to be directed through the regional agents.
  
  We currently utilize the following companies: 24 Asset Management Corporation/ 24asset. com
  
  Offers for Chase REO residential or commercial properties must be made through the listing realty representative.
  
  I already have a realty representative. Can I provide an offer to you through my real estate agent?
  
  You can ask your property representative to compose your deal and present it to the local property representative, who'll then present it to us. The sale of the residential or commercial properties follows basic property treatments 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 individual valuables you can set up a residential or commercial property inspection if you have a completely performed sales contract with us to acquire the residential or commercial property. Any inspections will be at your expense and must be scheduled 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. As with any other real estate deal it is the obligation of the purchaser to arrange any inspections they consider required.
  
  Financing
  
  Do you offer financing choices on the Chase REO residential or commercial properties?
  
  Yes, we might offer financing for particular residential or commercial properties. Please call the Home Lending Advisor at your regional Chase Bank branch for further information about our funding choices.
  
  Tenant, Relocation Assistance, Other
  
  I am a realty agent. Can I list Chase REO residential or commercial properties?
  
  Chase doesn't employ realty representatives straight. We use a selected national company to handle our REO residential or commercial properties. This supplier uses local 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 an occupant in a foreclosed residential or commercial property. Who should I contact? The regional property agent appointed to the residential or commercial property will attempt to make contact with you after the foreclosure sale. You can also reach out to the law practice who handled the foreclosure for additional information. Relocation Assistance might be offered on a case by case basis to assist in moving expenditures. The regional property representative will try to make contact and will be able to offer extra information. 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 Center
  
  supplies user friendly mortgage calculators, academic posts and more. Our ultimate guide for novice homebuyers offers an overview of the process from start to complete. And from looking for a loan to handling your mortgage, Chase MyHome has whatever you require. Buying a House Whether you're determining just how much home you can pay for, estimating your month-to-month payment with our mortgage calculator or looking for
  preapproval for
  
  a mortgage, we can assist 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 lower your regular monthly payments, pay off your loan quicker, or gain access to cash for a big purchase. Use our home worth estimator
  
  to estimate the
  existing value of your home. See our present refinance rates and compare refinance alternatives. Affordability Our inexpensive lending choices, including FHA loans and VA loans, aid make homeownership possible. Have a look at our price calculator, and look for property buyer grants
  
  in your area. Visit our mortgage education center for valuable ideas and details. And from applying for 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 info on your escrow, submit an insurance coverage claim, request a payoff quote or indication 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 variety of items. To read more, check out the Banking Education Center. For concerns or issues, please contact Chase customer service or let us understand at Chase
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