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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 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 process is completed, the title has been transferred and the residential or commercial property is ready to be marketed, it will be available for sale through a regional real estate representative.
  
  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 noted with a regional property agent. The local property representative is your best source for info about the residential or commercial property. The listing agent's details is usually found on a "For Sale" check in the yard or a fast internet search of the residential or commercial property's address will cause sites with this info.
  
  Is a list of Chase foreclosures available?
  
  Due to privacy concerns, we do not provide lists of residential or commercial properties in the foreclosure procedure.
  
  Buying a Chase REO residential or commercial property
  
  Does Chase sell REO residential or commercial properties directly to the public?
  
  No, the regional listing real estate representatives collaborate with possible buyers and present all offers to us.
  
  Does Chase sell residential or commercial properties at a discount rate?
  
  We note and offer residential or commercial properties at their fair market value.
  
  Can I make an offer on a residential or commercial property before the foreclosure is total?
  
  Yes, in many cases 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 real estate agent need to be able to deal with you and help you present an offer to the owner's genuine estate representative.
  
  How can I purchase a REO residential or commercial property from Chase?
  
  We make use of choose national companies to handle our REO residential or commercial properties. These service providers utilize numerous local agents to market and offer the residential or commercial properties. Any provings and deals require to be directed through the local representatives.
  
  We presently utilize the following companies: 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 property representative. Can I provide a deal to you through my realty representative?
  
  You can ask your real estate agent to write your deal and present it to the regional real estate agent, who'll then present it to us. The sale of the residential or commercial properties follows basic genuine estate treatments suitable to the state where the residential or commercial property is located.
  
  Can I inspect the residential or commercial property?
  
  If residential or commercial property being purchased is vacant of occupants and individual possessions you can schedule a residential or commercial property inspection if you have a totally executed sales agreement with us to buy the residential or commercial property. Any evaluations will be at your expense and ought to be arranged through the listing agent. All Chase REO residential or commercial properties are provided and offered "as is," "where is," and with "all faults" basis without representation or warranty. Similar to any other real estate transaction it is the obligation of the buyer to arrange any inspections they deem needed.
  
  Financing
  
  Do you provide financing choices on the Chase REO residential or commercial properties?
  
  Yes, we might provide funding for specific residential or commercial properties. Please call the Home Lending Advisor at your local Chase Bank branch for further information about our funding options.
  
  Tenant, Relocation Assistance, Other
  
  I am a genuine estate agent. Can I list Chase REO residential or commercial properties?
  
  Chase does not employ realty representatives directly. We utilize a chosen national provider to manage our REO residential or commercial properties. This company employs regional representatives to market and offer 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 call? The regional property representative designated to the residential or commercial property will attempt to reach you after the foreclosure sale. You can likewise connect to the law practice who handled the foreclosure for more details. Relocation Assistance might be readily available on a case by case basis to help in moving expenses. The local property representative will try to make contact and will be able to supply extra details. Follow us: -Facebook- Instagram- X, formerly Twitter -YouTube -LinkedIn -Pinterest Chase Home Lending We use a range
  of mortgages for
  purchasing a new home or re-financing your existing one. New to homebuying
  ? Our Learning Center
  
  supplies easy-to-use mortgage calculators, educational posts and more. Our ultimate guide for novice homebuyers gives an introduction of the process from start to finish. And from making an application for a loan to handling your mortgage, Chase MyHome has everything you need. Buying a Home Whether you're figuring out just how much house you can pay for, approximating your regular 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 deposit alternatives, and jumbo mortgage loans. Refinance Refinance your existing mortgage to decrease your month-to-month payments, settle your loan earlier, or access money for a large purchase. Use our home worth estimator
  
  to approximate the
  existing value of your home. See our existing refinance rates and compare re-finance options. Affordability Our affordable lending choices, consisting of FHA loans and VA loans, help 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 suggestions and details. And from getting a loan to managing your mortgage, Chase MyHome has you covered. Home Lending Customer Support Go to Chase mortgage services to handle your account. Make a mortgage payment, get info on your escrow, send an insurance claim, request a benefit 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 series of items. To find out more, go to the Banking Education Center. For questions or concerns, please contact Chase customer support or let us understand at Chase
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