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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 acquired 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 transferred and the residential or commercial property is all set to be marketed, it will be readily available for sale through a local genuine estate representative.
  
  Who would I contact if I have questions about a residential or commercial property?
  
  All Chase REO residential or commercial properties are listed with a local property agent. The regional realty agent is your best source for info about the residential or commercial property. The listing agent's information is usually found on a "For Sale" indication in the lawn or a fast web search of the residential or commercial property's address will result in websites with this details.
  
  Is a list of Chase foreclosures available?
  
  Due to privacy issues, 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 straight to the public?
  
  No, the local listing property representatives coordinate with prospective purchasers and present all offers to us.
  
  Does Chase sell residential or commercial properties at a discount?
  
  We note and sell residential or commercial properties at their reasonable market value.
  
  Can I make a deal on a residential or commercial property before the foreclosure is total?
  
  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 realty agent must have the ability to work with you and help you provide a deal to the owner's property agent.
  
  How can I acquire a REO residential or commercial property from Chase?
  
  We use select national suppliers to handle our REO residential or commercial properties. These suppliers employ several local agents to market and sell the residential or commercial properties. Any showings and deals need to be transported through the regional agents.
  
  We presently use the following suppliers: 24 Asset Management Corporation/ 24asset. com
  
  Offers for Chase REO residential or should be made through the listing real estate agent.
  
  I currently have a real estate representative. Can I present an offer to you through my property agent?
  
  You can ask your real estate agent to compose your deal and present it to the local real estate representative, who'll then provide it to us. The sale of the residential or commercial properties follows basic property procedures relevant 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 purchased is uninhabited of residents and individual valuables you can arrange a residential or commercial property evaluation if you have actually a totally carried out sales agreement with us to purchase the residential or commercial property. Any examinations will be at your cost and must be set up through the listing agent. All Chase REO residential or commercial properties are used and offered "as is," "where is," and with "all faults" basis without representation or warranty. As with any other realty deal it is the duty of the purchaser to arrange any evaluations they deem essential.
  
  Financing
  
  Do you offer financing alternatives on the Chase REO residential or commercial properties?
  
  Yes, we might provide funding for specific residential or commercial properties. Please get in touch with the Home Lending Advisor at your regional Chase Bank branch for further information about our financing options.
  
  Tenant, Relocation Assistance, Other
  
  I am a realty representative. Can I note Chase REO residential or commercial properties?
  
  Chase doesn't hire realty representatives directly. We utilize a selected national provider to handle our REO residential or commercial properties. This service provider 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 call? The regional realty agent appointed to the residential or commercial property will try to make contact with you after the foreclosure sale. You can likewise reach out to the law company who handled the foreclosure to find out more. Relocation Assistance might be available on a case by case basis to help in moving expenses. The local realty agent will try to make contact and will be able to supply extra information. Follow us: -Facebook- Instagram- X, formerly Twitter -YouTube -LinkedIn -Pinterest Chase Home Lending We use a range
  of mortgages for
  buying a new home or refinancing your existing one. New to homebuying
  ? Our Learning Center
  
  offers easy-to-use mortgage calculators, educational short articles and more. Our supreme guide for novice property buyers offers an overview of the process from start to complete. And from using for a loan to managing your mortgage, Chase MyHome has whatever you require. Buying a House Whether you're identifying just how much home you can pay for, approximating your month-to-month payment with our mortgage calculator or looking for
  preapproval for
  
  a mortgage, we can help you at any part of the home purchasing process. See our existing mortgage rates, low deposit choices, and jumbo mortgage loans. Refinance Refinance your existing mortgage to decrease your regular monthly payments, pay off your loan sooner, or gain access to money for a large purchase. Use our home value estimator
  
  to estimate the
  current value of your home. See our existing re-finance rates and compare refinance choices. Affordability Our inexpensive lending choices, including FHA loans and VA loans, aid make homeownership possible. Take a look at our price calculator, and look for homebuyer grants
  
  in your area. Visit our mortgage education center for useful tips and information. And from requesting 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, send an insurance coverage claim, demand a reward quote or indication in to your account
  
  . Go to Chase home equity services to handle your home equity account. About Chase Chase serves millions of individuals with a broad series of items. For more information, go to the Banking Education Center. For concerns or concerns, please contact Chase customer care or let us understand 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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