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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 used to explain a residential or commercial property that was obtained by a bank, lending institution or servicer as a result 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 moved and the residential or commercial property is all set to be marketed, it will be readily available 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 noted with a local real estate representative. The local realty representative is your finest source for information about the residential or commercial property. The listing agent's information is generally found on a "For Sale" check in the yard or a quick internet search of the residential or commercial property's address will result in sites with this info.
  
  Is a list of Chase foreclosures 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 REO residential or commercial properties straight to the general public?
  
  No, the local listing realty agents coordinate with potential buyers and present all deals to us.
  
  Does Chase sell residential or commercial properties at a discount?
  propertyshark.com
  We note and sell residential or commercial properties at their fair market price.
  
  Can I make a deal on a residential or commercial property before the foreclosure is complete?
  
  Yes, in some 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 have the ability to deal with you and assist you present an offer to the owner's property agent.
  
  How can I buy a REO residential or commercial property from Chase?
  
  We make use of choose national service providers to manage our REO residential or commercial properties. These suppliers utilize a number of local representatives to market and sell the residential or commercial properties. Any provings and offers require to be transported through the regional agents.
  
  We presently utilize the following service providers: 24 Asset Management Corporation/ 24asset. com
  
  Offers for Chase REO residential or commercial properties need to be made through the listing property representative.
  
  I currently have a property representative. Can I provide a deal to you through my realty agent?
  
  You can ask your property representative to write your offer and present it to the regional property representative, who'll then provide it to us. The sale of the residential or commercial properties follows basic genuine estate treatments applicable to the state where the residential or commercial property lies.
  
  Can I examine the residential or commercial property?
  
  If residential or commercial property being acquired is vacant of occupants and personal possessions you can set up a residential or commercial property evaluation if you have actually a completely carried out sales contract with us to acquire the residential or commercial property. Any inspections will be at your cost and ought to be arranged through the listing agent. All Chase REO residential or commercial properties are offered and offered "as is," "where is," and with "all faults" basis without representation or service warranty. Similar to any other realty transaction it is the duty of the buyer to schedule any examinations they consider necessary.
  
  Financing
  
  Do you provide funding choices 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 regional Chase Bank branch for additional details about our funding choices.
  
  Tenant, Relocation Assistance, Other
  
  I am a genuine estate agent. Can I note Chase REO residential or commercial properties?
  
  Chase does not hire realty representatives directly. We utilize a selected nationwide provider to handle our REO residential or commercial properties. This company employs regional 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 a tenant in a foreclosed residential or commercial property. Who should I call? The local genuine estate agent assigned to the residential or commercial property will attempt to make contact with you after the foreclosure sale. You can also connect to the law office who managed the foreclosure for more info. Relocation Assistance may be offered on a case by case basis to help in moving costs. The regional 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 range
  of mortgages for
  purchasing a brand-new home or re-financing your existing one. New to homebuying
  ? Our Learning Center
  
  offers easy-to-use mortgage calculators, educational articles and more. Our ultimate guide for newbie homebuyers provides a summary of the procedure from start to finish. And from requesting a loan to handling your mortgage, Chase MyHome has everything you require. Buying a Home Whether you're identifying how much home you can afford, 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 purchasing process. See our existing mortgage rates, low deposit options, and jumbo mortgage loans. Refinance Refinance your existing mortgage to lower your month-to-month payments, pay off your loan earlier, or gain access to money for a large purchase. Use our home value estimator
  
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  current value of your home. See our existing refinance rates and compare re-finance choices. Affordability Our inexpensive lending choices, including FHA loans and VA loans, assistance make homeownership possible. Take a look at our affordability calculator, and look for homebuyer grants
  
  in your area. Visit our mortgage education center for valuable pointers and details. 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 handle your account. Make a mortgage payment, get information on your escrow, submit an insurance claim, request a reward quote or sign in to your account
  
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