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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 obtained 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 process is completed, the title has been transferred and the residential or commercial property is all set to be marketed, it will be available for sale through a regional realty agent.
  
  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 realty agent. The regional realty agent is your finest source for details about the residential or commercial property. The listing representative’s info is typically located on a “For Sale” check in the yard or a fast internet search of the residential or commercial property’s address will result in websites with this details.
  
  Is a list of Chase foreclosures readily available?
  
  Due to privacy issues, 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 straight to the general public?
  
  No, the regional listing property agents coordinate with potential buyers and present all deals to us.
  
  Does Chase offer residential or commercial properties at a discount?
  
  We list and sell residential or commercial properties at their reasonable 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 provide a pre-foreclosure offer to the owner’s listing agent for the residential or commercial property, not us. Your property agent need to be able to deal with you and assist you present an offer to the owner’s realty agent.
  
  How can I acquire a REO residential or commercial property from Chase?
  
  We utilize choose nationwide suppliers to handle our REO residential or commercial properties. These providers employ a number of local agents to market and offer the residential or commercial properties. Any showings and offers need to be carried through the local representatives.
  
  We currently make use of the following suppliers: 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 agent. Can I provide an offer to you through my property agent?
  
  You can ask your real estate representative to write your offer and present it to the local real estate agent, who’ll then present it to us. The sale of the residential or commercial properties follows basic treatments appropriate to the state where the residential or commercial property lies.
  
  Can I check the residential or commercial property?
  
  If residential or commercial property being bought is uninhabited of occupants and individual valuables you can schedule a residential or commercial property inspection if you have a fully carried out sales agreement with us to purchase the residential or commercial property. Any inspections will be at your expenditure 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 service warranty. Similar to any other realty deal it is the obligation of the buyer to arrange any evaluations they consider needed.
  
  Financing
  
  Do you use financing alternatives 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 more information about our funding alternatives.
  
  Tenant, Relocation Assistance, Other
  
  I am a property agent. Can I note Chase REO residential or commercial properties?
  
  Chase doesn’t work with property agents directly. We use a selected nationwide service provider to handle our REO residential or commercial properties. This provider employs 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 get in touch with? The local property agent assigned to the residential or commercial property will attempt to reach you after the foreclosure sale. You can likewise reach out to the law office who handled the foreclosure for additional information. Relocation Assistance might be available on a case by case basis to assist in moving expenditures. The regional realty agent will try to make contact and will be able to offer additional information. Follow us: -Facebook- Instagram- X, formerly Twitter -YouTube -LinkedIn -Pinterest Chase Home Lending We provide a range
  of mortgages for
  buying a new home or refinancing your existing one. New to homebuying
  ? Our Learning Center
  
  supplies easy-to-use mortgage calculators, educational articles and more. Our supreme guide for newbie homebuyers provides an overview of the process from start to end up. And from getting a loan to handling your mortgage, Chase MyHome has everything you require. Buying a Home Whether you’re identifying just how much home you can manage, approximating your monthly payment with our mortgage calculator or looking for
  preapproval for
  
  a mortgage, we can assist you at any part of the home buying procedure. See our existing mortgage rates, low deposit options, and jumbo mortgage loans. Refinance Refinance your existing mortgage to decrease your monthly payments, settle your loan sooner, or access cash for a large purchase. Use our home worth estimator
  
  to estimate the
  present value of your home. See our current refinance rates and compare re-finance choices. Affordability Our inexpensive loaning options, consisting of FHA loans and VA loans, assistance make homeownership possible. Have a look at our affordability calculator, and try to find homebuyer grants
  
  in your area. Visit our mortgage education center for helpful suggestions and details. And from requesting a loan to handling your mortgage, Chase MyHome has you covered. Home Lending Client Service Go to Chase mortgage services to manage your account. Make a mortgage payment, get info on your escrow, send an insurance coverage claim, request a payoff quote or sign 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 get more information, go to the Banking Education Center. For questions or issues, please contact Chase customer care or let us understand at Chase
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