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Strona: REO & Bank Owned Properties FAQs
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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, lender 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 finished, the title has been moved and the residential or commercial property is prepared to be marketed, it will be readily available for sale through a local real estate representative.

    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 regional property representative. The local property representative is your best source for information about the residential or commercial property. The listing representative's details is normally found on a "For Sale" sign 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 offered?

    Due to personal 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 offer REO residential or commercial properties straight to the general public?

    No, the local listing realty agents coordinate with prospective purchasers and present all offers to us.

    Does Chase offer residential or commercial properties at a discount rate?

    We list and offer residential or commercial properties at their fair market value.

    Can I make an offer on a residential or commercial property before the foreclosure is complete?

    Yes, in many cases a residential or commercial property is listed for sale by its owner prior to a foreclosure sale. You can provide a pre-foreclosure deal to the owner's listing representative for the residential or commercial property, not us. Your realty agent need to be able to deal with you and help you present a deal to the owner's realty representative.

    How can I buy a REO residential or commercial property from Chase?

    We make use of choose nationwide providers to handle our REO residential or commercial properties. These suppliers utilize several regional representatives to market and sell the residential or commercial properties. Any showings and deals need to be funnelled through the local agents.

    We presently utilize the following suppliers: 24 Asset Management Corporation/ 24asset. com

    Offers for Chase REO residential or commercial properties should be made through the listing realty agent.

    I already have a property agent. Can I present an offer to you through my property agent?

    You can ask your genuine estate agent to compose your deal and present it to the regional property representative, who'll then present it to us. The sale of the residential or commercial properties follows basic property treatments relevant to the state where the residential or commercial property lies.

    Can I check the residential or commercial property?

    If residential or commercial property being acquired is vacant of occupants and personal valuables you can set up a residential or commercial property inspection if you have actually a completely performed sales contract with us to acquire the residential or commercial property. Any evaluations 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 guarantee. As with any other genuine estate deal it is the responsibility of the purchaser to arrange any evaluations they deem needed.

    Financing

    Do you provide funding options on the Chase REO residential or commercial properties?

    Yes, we might provide financing for certain residential or commercial properties. Please call the Home Lending Advisor at your regional Chase Bank branch for further details about our financing alternatives.

    Tenant, Relocation Assistance, Other

    I am a real estate agent. Can I list Chase REO residential or commercial properties?

    Chase doesn't employ genuine estate representatives directly. We make use of a picked nationwide service provider to manage our REO residential or commercial properties. This provider employs regional agents to market and sell the residential or commercial properties.

    You can reach this supplier through the following channel:

    24 Asset Management
  • Email: vendormanagement@24asset.com!.?.! I am a tenant in a foreclosed residential or commercial property. Who should I contact? The regional real estate representative 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 handled the foreclosure for more details. Relocation Assistance might be offered on a case by case basis to assist in moving costs. The regional real estate representative will try to make contact and will be able to provide additional details. Follow us: -Facebook- Instagram- X, previously Twitter -YouTube -LinkedIn -Pinterest Chase Home Lending We provide a range
    of mortgages for
    purchasing a new home or re-financing your existing one. New to homebuying
    ? Our Learning Center

    supplies easy-to-use mortgage calculators, academic short articles and more. Our supreme guide for newbie homebuyers offers a summary of the procedure from start to end up. And from requesting a loan to managing your mortgage, Chase MyHome has everything you need. Buying a House Whether you're determining how much house you can manage, approximating 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 buying procedure. See our current mortgage rates, low down payment alternatives, and jumbo mortgage loans. Refinance Refinance your existing mortgage to lower your monthly payments, pay off your loan quicker, or gain access to money for a large purchase. Use our home value estimator

    to estimate the
    present value of your home. See our present refinance rates and compare refinance alternatives. Affordability Our budget friendly financing options, including FHA loans and VA loans, aid make homeownership possible. Have a look at our affordability calculator, and look for homebuyer grants

    in your location. Visit our mortgage education center for practical pointers and info. And from obtaining a loan to managing your mortgage, Chase MyHome has you covered. Home Lending Client Service Go to Chase mortgage services to handle your account. Make a mortgage payment, get information on your escrow, send an insurance claim, demand a payoff quote or check in to your account

    . Go to Chase home equity services to handle your home equity account. About Chase Chase serves millions of people with a broad variety of items. To find out more, go to the Banking Education Center. For questions or concerns, please contact Chase client service or let us understand at Chase

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