riserealbali

cbc.ca
Invest with a J.P. Morgan Advisor

- Online Investing with J.P. Morgan

- Chase for Business

- Commercial Banking

- See all

CONNECT WITH CHASE

- Customer Service

- Give feedback

- Schedule a meeting

- Find ATM & branch

- About Chase

J.P. Morgan
JPMorgan Chase & Co.
Media Center
Careers
Chase Canada
SAFE Act: Chase Mortgage Loan Originators
Fair Lending

REO & bank owned residential or commercial properties FAQs

Please turn on JavaScript in your web browser

It appears your web internet browser is not using JavaScript. Without it, some pages will not work effectively. Please change the settings in your internet browser to ensure JavaScript is switched on.

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 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 procedure is finished, the title has been moved and the residential or commercial property is all set to be marketed, it will be available for sale through a local real estate agent.

Who would I get in touch with if I have questions about a residential or commercial property?

All Chase REO residential or commercial properties are listed with a local real estate agent. The local property representative is your best source for information about the residential or commercial property. The listing agent's info is generally found on a "For Sale" check in the yard or a fast internet search of the or commercial property's address will lead to websites with this info.

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 process.

Buying a Chase REO residential or commercial property

Does Chase offer REO residential or commercial properties directly to the public?

No, the local listing realty agents collaborate with possible buyers and present all deals to us.

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

We list and offer residential or commercial properties at their fair 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 listed 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 real estate representative ought to be able to work with you and assist you provide a deal to the owner's realty agent.

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

We use choose nationwide companies to handle our REO residential or commercial properties. These companies utilize numerous local agents to market and offer the residential or commercial properties. Any showings and deals require to be transported through the local agents.

We presently make use of the following service providers: 24 Asset Management Corporation/ 24asset. com

Offers for Chase REO residential or commercial properties must be made through the listing property representative.

I currently have a genuine estate representative. Can I present a deal to you through my realty representative?

You can ask your realty agent to compose your offer and present it to the local realty agent, who'll then present it to us. The sale of the residential or commercial properties follows standard real estate procedures applicable to the state where the residential or commercial property is located.

Can I examine the residential or commercial property?

If residential or commercial property being bought is vacant of residents and personal belongings you can set up a residential or commercial property assessment if you have actually a completely performed sales contract with us to buy the residential or commercial property. Any inspections will be at your expense and should 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. As with any other realty deal it is the obligation of the purchaser to arrange any evaluations they deem required.

Financing

Do you use funding choices on the Chase REO residential or commercial properties?

Yes, we might provide financing for certain residential or commercial properties. Please contact the Home Lending Advisor at your local Chase Bank branch for additional information about our financing alternatives.

Tenant, Relocation Assistance, Other

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

Chase does not work with realty representatives straight. We make use of a picked nationwide supplier to handle our REO residential or commercial properties. This service provider uses local agents 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 a renter in a foreclosed residential or commercial property. Who should I call? The regional real estate agent designated to the residential or commercial property will attempt to reach you after the foreclosure sale. You can likewise connect to the law practice who managed the foreclosure for more details. Relocation Assistance may be available on a case by case basis to help in moving expenditures. The regional property agent will try to make contact and will be able to provide extra details. Follow us: -Facebook- Instagram- X, formerly Twitter -YouTube -LinkedIn -Pinterest Chase Home Lending We provide a range
of mortgages for
purchasing a brand-new home or re-financing your existing one. New to homebuying
? Our Learning Center

supplies user friendly mortgage calculators, educational short articles and more. Our ultimate guide for newbie property buyers offers a summary of the procedure from start to complete. And from applying for a loan to handling your mortgage, Chase MyHome has everything you require. Buying a House Whether you're determining how much home you can pay for, estimating your regular monthly payment with our mortgage calculator or searching for
preapproval for

a mortgage, we can assist you at any part of the home buying process. See our current mortgage rates, low down payment options, and jumbo mortgage loans. Refinance Refinance your existing mortgage to reduce your month-to-month payments, pay off your loan earlier, or access cash for a big purchase. Use our home worth estimator

to estimate the
current value of your home. See our present re-finance rates and compare refinance options. Affordability Our inexpensive loaning choices, including FHA loans and VA loans, aid make homeownership possible. Have a look at our cost calculator, and look for property buyer grants

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

. Go to Chase home equity services to manage your home equity account. About Chase Chase serves countless people with a broad series of products. To read more, check out the Banking Education Center. For questions or issues, please contact Chase customer service or let us know at Chase

grievances 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
Chase, "the JPMorgan Chase logo design and the Octagon Symbol are trademarks of JPMorgan Chase Bank, N.A. JPMorgan Chase Bank, N.A. is a wholly-owned subsidiary of JPMorgan Chase & Co.- About Chase.- J.P. Morgan.- JPMorgan Chase & Co.- Media Center.- Careers.- Site map.- Privacy. -Security. -Terms of usage.- Accessibility.- AdChoices.- Give feedback. Member FDIC.- Equal Housing Opportunity © 2025 JPMorgan Chase &
Co. Chase Survey Your feedback is very important to us. Will you take a few moments to respond to some quick concerns? You 're now leaving Chase Chase's website and/or mobile terms, privacy and security policies don't use to the website or app you have to do with

to check out. Please examine its terms, personal privacy and security policies to see how they use to you. Chase isn't responsible for( and
doesn't provide) any products,
services or content at this third-party website or app, except for product or services that clearly carry the Chase name.newyorker.com