Invest with a J.P. Morgan Advisor

- Online Investing with J.P. Morgan

- Chase for Business

- Commercial Banking

- See all

CONNECT WITH CHASE

- Customer care

- Give feedback

- Schedule a meeting

- Find ATM & branch

- About Chase

• J.P. Morgan
• JPMorgan Chase & Co.
• Library
• 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 browser
  
  It appears your web browser is not using JavaScript. Without it, some pages will not work effectively. Please change the settings in your internet browser to make certain 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 explain a residential or commercial property that was obtained by a bank, lending institution 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 completed, the title has actually been transferred and the residential or commercial property is ready to be marketed, it will be offered for sale through a regional realty agent.
  
  Who would I contact if I have questions about a residential or commercial property?
  
  All Chase REO residential or commercial properties are listed with a local genuine estate agent. The regional realty agent is your best source for info about the residential or commercial property. The listing representative's info is normally located on a "For Sale" sign in the backyard or a fast web search of the residential or commercial property's address will result in websites with this information.
  
  Is a list of Chase foreclosures offered?
  
  Due to personal privacy concerns, we do not offer 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 general public?
  
  No, the local listing realty agents collaborate with possible purchasers and present all offers to us.
  
  Does Chase sell residential or commercial properties at a discount?
  
  We note and sell 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 many cases a residential or commercial property is noted for sale by its owner prior to a foreclosure sale. You can present a pre-foreclosure deal to the owner's listing representative for the residential or commercial property, not us. Your property representative should be able to deal with you and assist you present an offer to the owner's real estate agent.
  
  How can I acquire a REO residential or commercial property from Chase?
  
  We make use of choose national companies to handle our REO residential or commercial properties. These suppliers employ several regional agents to market and sell the residential or commercial properties. Any provings and deals need to be channeled through the local representatives.
  
  We presently utilize the following companies: 24 Asset Management Corporation/ 24asset. com
  
  Offers for Chase REO residential or commercial properties must be made through the listing realty representative.
  
  I currently have a real estate representative. Can I present a deal to you through my realty agent?
  
  You can ask your realty agent to compose your offer and present it to the local genuine estate representative, who'll then present it to us. The sale of the residential or commercial properties follows basic realty procedures 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 bought is uninhabited of occupants and individual valuables you can arrange a residential or commercial property evaluation if you have a fully performed sales agreement with us to buy the residential or commercial property. Any assessments will be at your cost and should be set up through the listing representative. All Chase REO residential or commercial properties are used and sold "as is," "where is," and with "all faults" basis without representation or guarantee. Similar to any other realty deal it is the responsibility of the buyer to set up any inspections they deem required.
  
  Financing
  
  Do you use financing choices on the Chase REO residential or commercial properties?
  
  Yes, we may offer funding for certain residential or commercial properties. Please call the Home Lending Advisor at your regional Chase Bank branch for further information about our funding options.
  
  Tenant, Relocation Assistance, Other
  
  I am a real estate agent. Can I note Chase REO residential or commercial properties?
  
  Chase doesn't employ genuine estate agents straight. We use a chosen nationwide service provider to handle our REO residential or commercial properties. This service provider utilizes 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 call? The regional genuine estate agent designated to the residential or commercial property will try to reach you after the foreclosure sale. You can also reach out to the law practice who handled the foreclosure for more details. Relocation Assistance may be available on a case by case basis to help in moving expenses. The regional property agent will attempt to make contact and will have the ability to offer additional information. Follow us: -Facebook- Instagram- X, formerly Twitter -YouTube -LinkedIn -Pinterest Chase Home Lending We provide a variety
  of mortgages for
  buying a brand-new home or re-financing your existing one. New to homebuying
  ? Our Learning Center
  
  supplies user friendly mortgage calculators, educational posts and more. Our supreme guide for first-time homebuyers provides an overview of the procedure from start to complete. And from using for a loan to handling your mortgage, Chase MyHome has whatever you need. Buying a House Whether you're identifying how much house you can afford, approximating your month-to-month payment with our mortgage calculator or looking for
  preapproval for
  
  a mortgage, we can help you at any part of the home purchasing procedure. See our present mortgage rates, low down payment choices, and jumbo mortgage loans. Refinance Refinance your existing mortgage to decrease your month-to-month payments, pay off your loan faster, or access money for a large purchase. Use our home worth estimator
  
  to estimate the
  existing worth of your home. See our current re-finance rates and compare refinance options. Affordability Our budget friendly lending options, including FHA loans and VA loans, assistance make homeownership possible. Have a look at our price calculator, and try to find property buyer grants
  
  in your area. Visit our mortgage education center for useful pointers and info. And from making an application for a loan to handling 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 details on your escrow, send an insurance coverage 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 countless people with a broad series of products. To get more information, check out the Banking Education Center. For questions or concerns, please contact Chase client service or let us understand 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 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.- Library.- Careers.- Site map.- Privacy. -Security. -Terms of use.- Accessibility.- AdChoices.- Give feedback. Member FDIC.- Equal Housing Opportunity © 2025 JPMorgan Chase &
  Co. Chase Survey Your feedback is necessary to us. Will you take a couple of minutes to answer some quick concerns? You 're now leaving Chase Chase's website and/or mobile terms, privacy and security policies do not apply to the site or app you're about
  
  to go to. Please examine its terms, privacy and security policies to see how they apply to you. Chase isn't responsible for( and
  doesn't offer) any items,
  services or content at this third-party website or app, except for product or services that clearly carry the Chase name.