Chase REO refers to the properties owned by bank for the sake of selling them to potential buyers at fair market value. There is a separate department that maintains an inventory of foreclosed homes and the houses it has acquired through a deed-in-lieu of foreclosure process.

It also has an asset management division that hires companies of national repute to keep these bank owned properties in good condition until they are sold with the help of local real estate agents. Buyers can visit the Chase Properties website to see updated listings of properties for sale and the contact details of agents and brokers dealing these.

Chase REO Properties

JP Morgan Chase bank offers online listings of properties on its web portal, but full access to these are limited to registered users. You can create a profile if you are interested in buying a Chase REO home and get the list of all available REO properties owned by the bank in your state, be it Michigan or California.
You can perform search in any way you like and it is also possible to save your search criteria or the results you have generated using it. Moreover, you can choose to receive email alerts when a new property matching your preferences is included in the inventory and becomes available for sale.

Note that Chase bank is not involved in the selling process directly and it does not receive offers for sale either. For that, you need to contact the real estate agents responsible for their sale. The details of the properties listed online also contain the contact details of these agents.

Offers for sale should be made through these only either by yourself or by your designated realtors. It is possible to avail financing solutions on certain kinds of properties. Moreover, JP Morgan Chase offers discount or donation to community groups under a special neighborhood program known as Chase REO Community Revitalization Program.

Chase REO Department

Chase REO Department ensures that the titles of the houses to be classified as REO properties for sale have been transferred to the bank. The department also handles queries regarding the inclusion or omission of a property in the list. But to get more information about the real estate you want to buy the best person to answer your questions is the real estate agent responsible for its sale.

These agents are not employed by the bank directly but by one of the several asset management companies or outsourcers that it has roped in. One can obtain contact information for these bank associates by sending an email to [email protected]. Vendor or agent application forms should be directed to any of these firms and not to Chase Bank. For more information call the following phone number.

Chase REO Department Phone Number: 1-877-584-3290