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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 describe a residential or commercial property that was acquired 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 procedure is completed, the title has been transferred and the residential or commercial property is all set to be marketed, it will be readily available 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 realty representative. The local realty representative is your finest source for info about the residential or commercial property. The listing representative's details is typically located on a "For Sale" check in the lawn or a fast web search of the residential or commercial property's address will result in sites with this information.
  
  Is a list of Chase foreclosures available?
  
  Due to personal privacy concerns, we do not provide 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 directly to the public?
  
  No, the regional listing genuine estate agents coordinate with potential buyers and present all deals 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 worth.
  
  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 offer to the owner's listing agent for the residential or commercial property, not us. Your property representative need to have the ability to work with you and assist you provide an offer to the owner's realty representative.
  
  How can I purchase a REO residential or commercial property from Chase?
  
  We make use of select nationwide providers to manage our REO residential or commercial properties. These providers utilize numerous local representatives to market and offer the residential or commercial properties. Any showings and deals require to be directed through the local agents.
  
  We currently use the following companies: 24 Asset Management Corporation/ 24asset. com
  
  Offers for Chase REO residential or commercial properties should be made through the listing real estate agent.
  
  I currently have a realty representative. Can I present a deal to you through my property representative?
  
  You can ask your property agent to compose your deal and present it to the local property agent, who'll then provide it to us. The sale of the residential or commercial properties follows standard genuine estate procedures appropriate to the state where the residential or commercial property is situated.
  
  Can I examine the residential or commercial property?
  
  If residential or commercial property being acquired is vacant of occupants and personal possessions you can schedule a residential or commercial property evaluation if you have actually a totally performed sales contract with us to acquire the residential or commercial property. Any evaluations will be at your expenditure and should be scheduled through the listing representative. All Chase REO residential or commercial properties are offered and sold "as is," "where is," and with "all faults" basis without representation or warranty. Just like any other realty deal it is the duty of the buyer to set up any assessments they consider essential.
  
  Financing
  
  Do you use financing alternatives on the Chase REO residential or commercial properties?
  
  Yes, we may offer funding for particular residential or commercial properties. Please get in touch with the Home Lending Advisor at your regional Chase Bank branch for further information about our funding options.
  
  Tenant, Relocation Assistance, Other
  
  I am a realty representative. Can I note Chase REO residential or commercial properties?
  
  Chase doesn't hire realty agents directly. We use a picked national provider to manage our REO residential or commercial properties. This service provider employs regional agents to market and offer the residential or commercial properties.
  
  You can reach this company through the following channel:
  stackoverflow.com
  24 Asset Management Corporation
• Email: vendormanagement@24asset.com!.?.! I am a renter in a foreclosed residential or commercial property. Who should I contact? The local property agent designated to the residential or commercial property will try to make contact with you after the foreclosure sale. You can also reach out to the law company who dealt with the foreclosure for more details. Relocation Assistance might be readily available on a case by case basis to assist in moving expenses. The regional genuine estate representative will attempt to make contact and will have the ability to offer extra 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 refinancing your existing one. New to homebuying
  ? Our Learning Center
  
  offers user friendly mortgage calculators, academic articles and more. Our supreme guide for newbie property buyers provides an overview of the procedure from start to end up. And from requesting a loan to handling your mortgage, Chase MyHome has everything you need. Buying a Home Whether you're figuring out how much home you can manage, approximating your regular monthly payment with our mortgage calculator or looking for
  preapproval for
  
  a mortgage, we can help you at any part of the home buying procedure. See our present mortgage rates, low deposit choices, and jumbo mortgage loans. Refinance Refinance your existing mortgage to decrease your month-to-month payments, settle your loan quicker, or gain access to cash for a big purchase. Use our home worth estimator
  
  to approximate the
  current worth of your home. See our existing re-finance rates and compare re-finance alternatives. Affordability Our budget friendly financing choices, including FHA loans and VA loans, aid make homeownership possible. Take a look at our cost calculator, and try to find homebuyer grants
  
  in your area. Visit our mortgage education center for useful tips and info. And from making an application for a loan to handling your mortgage, Chase MyHome has you covered. Home Lending Customer Service Go to Chase mortgage services to handle your account. Make a mortgage payment, get details on your escrow, submit an insurance claim, request a payoff quote or sign 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 range of products. To get more information, go to the Banking Education Center. For questions or issues, please contact Chase client service or let us know at Chase
  
  problems and feedback.- Fair Lending - SAFE Act: Chase Mortgage Loan Originators- Home Mortgage Disclosure Act( HMDA ). -Help For Homeowners.- For New York Customers. -Non-Traditional Mortgage Disclosure( NTMD) (PDF) "Chase,"" JPMorgan,"" JPMorgan
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