commit b0c8929fabf4493af89042a9baf1a6898af67439 Author: ileneburrows02 Date: Sat Jun 21 16:16:46 2025 +0800 Add REO & Bank Owned Properties FAQs diff --git a/REO-%26-Bank-Owned-Properties-FAQs.md b/REO-%26-Bank-Owned-Properties-FAQs.md new file mode 100644 index 0000000..14074db --- /dev/null +++ b/REO-%26-Bank-Owned-Properties-FAQs.md @@ -0,0 +1,73 @@ +
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REO & bank owned residential or commercial properties FAQs
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It appears your web internet browser is not utilizing JavaScript. Without it, some pages will not work effectively. Please adjust the settings in your web browser to make sure JavaScript is switched on.
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Chase Real Estate Owned Properties
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Definitions
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What is a bank-owned or "REO" residential or commercial property?
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Real Estate Owned or "REO," is a banking term utilized to describe a residential or commercial property that was gotten by a bank, loan provider or servicer as an outcome of a foreclosure or deed-in-lieu of foreclosure. Once the foreclosure or deed-in-lieu of foreclosure process is finished, the title has actually been transferred and the [residential](https://horizonstays.co.uk) or commercial property is all set to be marketed, it will be offered for sale through a local realty representative.
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Who would I call if I have concerns about a residential or commercial property?
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All Chase REO residential or [commercial properties](https://cabana.villas) are listed with a local realty agent. The local real estate representative is your best source for information about the residential or commercial property. The listing agent's info is normally located on a "For Sale" check in the backyard or a fast internet search of the residential or commercial property's address will result in websites with this details.
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Is a list of Chase foreclosures readily available?
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Due to privacy issues, we do not provide lists of residential or commercial properties in the foreclosure process.
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Buying a Chase REO residential or commercial property
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Does Chase offer REO residential or commercial properties straight to the public?
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No, the regional listing property representatives collaborate with possible buyers and present all deals to us.
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Does Chase offer residential or commercial properties at a discount?
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We list and offer residential or commercial properties at their reasonable market price.
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Can I make an offer on a residential or commercial property before the foreclosure is total?
[commercialappeal.com](https://www.commercialappeal.com/obituaries) +
Yes, in many cases a residential or commercial property is noted for sale by its owner prior to a foreclosure sale. You can provide a pre-foreclosure deal to the owner's listing agent for the residential or commercial property, not us. Your property representative should be able to work with you and help you provide an offer to the owner's realty agent.
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How can I buy a REO residential or commercial property from Chase?
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We [utilize choose](https://restosales.net) national suppliers to manage our REO residential or commercial properties. These providers employ a number of local representatives to market and offer the residential or commercial properties. Any showings and offers require to be funnelled through the regional representatives.
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We presently make use of the following companies: +24 Asset Management Corporation/ 24asset. com
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Offers for Chase REO residential or commercial properties should be made through the listing real estate representative.
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I currently have a real estate agent. Can I provide an offer to you through my realty representative?
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You can ask your property agent to compose your deal and present it to the regional real estate representative, who'll then present it to us. The sale of the residential or commercial properties follows standard realty treatments appropriate to the state where the residential or commercial property lies.
[commercialappeal.com](https://www.commercialappeal.com/marketplace/jobs/) +
Can I inspect the residential or commercial property?
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If residential or commercial property being purchased is uninhabited of residents and individual belongings you can schedule a residential or commercial property evaluation if you have a fully carried out sales contract with us to purchase the residential or commercial property. Any examinations will be at your expense and should be scheduled through the listing representative. 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 real estate transaction it is the duty of the buyer to arrange any inspections they deem necessary.
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Financing
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Do you use funding alternatives on the Chase REO residential or commercial properties?
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Yes, we might provide financing for certain residential or commercial properties. Please call the Home Lending Advisor at your local Chase Bank branch for further information about our financing choices.
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Tenant, Relocation Assistance, Other
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I am a [realty representative](https://yes.wedding). Can I list Chase REO residential or commercial properties?
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Chase does not hire genuine estate representatives directly. We use a selected nationwide service provider to manage our REO residential or [commercial](https://glorycambodia.com) properties. This service provider uses local agents to market and sell the [residential](https://ezestate.net) or commercial properties.
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You can reach this [provider](https://elitehostels.co.ke) through the following channel:
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24 Asset Management Corporation +- Email: vendormanagement@24asset.com!.?.! I am a tenant in a foreclosed residential or commercial property. Who should I contact? The local realty representative appointed to the residential or commercial property will attempt to reach you after the foreclosure sale. You can also reach out to the law practice who managed the foreclosure for more details. Relocation Assistance might be available on a case by case basis to help in moving costs. The local real estate agent will try to make contact and will be able to offer extra information. Follow us: -Facebook- Instagram- X, previously Twitter -YouTube -LinkedIn -Pinterest Chase Home Lending We provide a variety
of mortgages for +
buying a new home or re-financing your existing one. +New to homebuying +
? Our Learning Center
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supplies user friendly mortgage calculators, instructional posts and more. Our ultimate guide for novice property buyers provides a summary of the process from start to complete. And from looking for a loan to handling your mortgage, Chase MyHome has everything you need. Buying a House Whether you're figuring out just how much home you can afford, estimating your regular monthly payment with our mortgage calculator or looking for
preapproval for
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a mortgage, we can assist you at any part of the home purchasing process. See our existing mortgage rates, low down payment alternatives, and jumbo mortgage loans. Refinance Refinance your existing mortgage to reduce your regular monthly payments, settle your loan earlier, or access money for a large purchase. Use our home value estimator
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to approximate the +
existing value of your home. See our existing refinance rates and compare refinance options. Affordability Our budget friendly financing alternatives, consisting of FHA loans and VA loans, help make homeownership possible. Have a look at our cost calculator, and look for homebuyer grants
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in your location. Visit our mortgage education center for useful tips and details. And from applying for a loan to handling your mortgage, Chase MyHome has you covered. Home Lending Customer Service Go to Chase mortgage [services](https://ffrealestate.com.do) to handle your account. Make a mortgage payment, get info on your escrow, submit an insurance coverage claim, demand a or check in to your account
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. Go to Chase home equity services to manage your home equity account. About Chase [Chase serves](https://vision-constructors.com) millions of individuals with a broad variety of items. To read more, go to the Banking Education Center. For questions or issues, please contact Chase customer support or let us know at Chase
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