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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 obtained by a bank, lender 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 completed, the title has been moved and the residential or commercial property is all set to be marketed, it will be readily available for sale through a regional genuine estate representative.
  
  Who would I contact if I have concerns about a residential or commercial property?
  
  All Chase REO residential or commercial properties are listed with a local genuine estate representative. The local realty agent is your finest source for information about the residential or commercial property. The listing agent's info is usually found on a "For Sale" check in the lawn or a fast internet search of the residential or commercial property's address will lead to websites with this info.
  
  Is a list of Chase foreclosures readily available?
  
  Due to 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 straight to the general public?
  
  No, the regional listing property representatives coordinate with potential buyers and present all offers to us.
  
  Does Chase sell residential or commercial properties at a discount?
  
  We note and offer 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, sometimes a residential or commercial property is noted for sale by its owner prior to a foreclosure sale. You can present a pre-foreclosure offer to the owner's listing agent for the residential or commercial property, not us. Your realty agent need to have the ability to work with you and help you provide a deal to the owner's property agent.
  
  How can I buy a REO residential or commercial property from Chase?
  
  We make use of select national companies to manage our REO residential or commercial properties. These service providers use a number of regional representatives to market and offer the residential or commercial properties. Any showings and offers need to be funnelled through the regional agents.
  
  We presently make use of 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 agent.
  
  I currently have a realty representative. Can I present a deal to you through my real estate agent?
  
  You can ask your property representative to compose your offer and present it to the local realty agent, who'll then provide it to us. The sale of the residential or commercial properties follows basic genuine estate treatments appropriate to the state where the residential or commercial property is located.
  
  Can I check the residential or commercial property?
  
  If residential or commercial property being acquired is vacant of residents and personal possessions you can set up a residential or commercial property evaluation if you have a fully carried out sales agreement with us to purchase the residential or commercial property. Any inspections will be at your expense and needs to be arranged 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. Just like any other genuine estate deal it is the duty of the buyer to set up any assessments they deem needed.
  
  Financing
  
  Do you use financing options on the Chase REO residential or commercial properties?
  
  Yes, we might offer funding for specific residential or commercial properties. Please contact the Home Lending Advisor at your regional Chase Bank branch for more details about our funding options.
  
  Tenant, Relocation Assistance, Other
  
  I am a realty representative. Can I list Chase REO residential or commercial properties?
  
  Chase doesn't work with genuine estate representatives straight. We utilize a picked nationwide supplier to handle our REO residential or commercial properties. This service provider employs regional representatives to market and sell the residential or commercial properties.
  
  You can reach this provider 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 local realty agent appointed to the residential or commercial property will attempt to reach you after the foreclosure sale. You can likewise connect to the law practice who dealt with the foreclosure for more information. Relocation Assistance might be available on a case by case basis to help in moving expenditures. The regional genuine estate 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 variety
  of mortgages for
  purchasing a brand-new home or refinancing your existing one. New to homebuying
  ? Our Learning Center
  
  offers user friendly mortgage calculators, academic short articles and more. Our ultimate guide for first-time homebuyers gives an introduction of the process from start to complete. And from obtaining a loan to handling your mortgage, Chase MyHome has whatever you require. Buying a House Whether you're identifying how much home you can manage, approximating your monthly payment with our mortgage calculator or searching for
  preapproval for
  
  a mortgage, we can help you at any part of the home buying process. See our existing mortgage rates, low down payment options, and jumbo mortgage loans. Refinance Refinance your existing mortgage to decrease your regular monthly payments, pay off your loan earlier, or access cash for a big purchase. Use our home worth estimator
  
  to approximate the
  existing value of your home. See our present re-finance rates and compare re-finance options. Affordability Our affordable financing options, including FHA loans and VA loans, assistance make homeownership possible. Have a look at our cost calculator, and search for property buyer grants
  
  in your location. Visit our mortgage education center for valuable pointers and details. And from using for a loan to managing your mortgage, Chase MyHome has you covered. Home Lending Customer Care Go to Chase mortgage services to handle your account. Make a mortgage payment, get info on your escrow, send an insurance coverage claim, request a payoff quote or check in to your account
  
  . Go to Chase home equity services to manage your home equity account. About Chase Chase serves millions of individuals with a broad variety of items. To find out more, go to the Banking Education Center. For concerns or issues, please contact Chase customer support or let us know at Chase
  
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