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Chase REO Properties For Sale

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Chase REO properties present a great opportunity for real estate investors and homeowners. The broad residential price declines combined with the credit crisis and severe recession are drastically affecting every homeowner and real estate investor throughout the country. The banks and mortgage lenders that have lent aggressively during the boom years are suffering from their customer payment defaults which eventually lead to foreclosure proceedings that culminate in a foreclosure auction. The properties that fail to sell or attract a bid that satisfies the bank’s reserve price are usually repossessed by the bank. These Chase bank owned repo or reo homes are usually handled by the REO department at Chase.

These Chase bank owned REO properties are treated as non-performing assets on the books of the bank. In addition, these reo properties also have expenses related to maintenance, property taxes etc. So banks are more inclined to sell them at the best price they can attract. This predicament helps investors looking for real estate bargains. By buying a home from Chase reo property listings a real estate investor can buying a residential single-family or multi-family property for upto 30% or less of the market value.

Chase REO Properties are mainly listed through realtors who signup as a vendor with their REO Department. The name of the agent handling the particular property along with other details are available through the Chase REO Asset Managers (24asset.com and reoexperts.net). The listings can be filtered by city, state and zipcode. But the application displaying the results is developed in Adobe Flash which makes it impossible to copy the listings into excel.

15 thoughts on “Chase REO Properties For Sale”

  2. Marion,
    The following property: 164 Via Huerto in Palm Springs, Ca. 92264—–I’ve had a buyer. During the short sale process the property was foreclosed upon.—Loan No. 0709957179———My SOLID CASH BUYER has offered $232,750 for this property.

    My Contact Information: jlemier@coldwellbanker.com
    Joe Le Mier
    Coldwell Banker
    72605 Hwy 111, Ste. B-2
    Palm Desert, Ca. 92260

    My clients WANT this PROPERTY,
    Please let me know how to obtain it.

    Thank you, Joe

  4. Please send me all your REO for Bernardston, MA 01337. One was purchased at auction at 1:00 on 7/7/09. The address was 263 Martindale Road.

    Thank You

    Tammy

  6. Please forward a listing of available properties for Atlanta, GA (East Point).

    Thank you.

  7. I have a property listed in Russell County, Kentucky and need information as to where I can send a executed contract and short sale addendum.
    I would also like info on being placed as a Real Estate firm to list any REO properties available in Russell County, Adair County, Clinton County and Taylor County Kentucky.
    We do have over 20+ years experience in real estate. I also have a office in Palm Beach County, Florida.

    Thank you,
    Tammy Werner
    Lake and Land Realty, Inc.
    130 W Steve Wariner Dr
    Russell Springs, KY 42642
    270-507-6949 cell
    270-866-5333 Office
    taminator17@aol.com

  9. I would like a list of REO properties located in Harris County (Houston,TX).

    Thank you in advance

    Mo Goodarzi

  12. Rumor has it your company ( CHASE ) holds the mortgage on the house and land that my husband & are interedtid in. It appears to be vacant , but there are no signs. Can you help?
    Thanks ,Tammi

  13. sir,Im presently running a small trash out business, I also do lock changes,mowing,and repairs. If you have any properties in marion countie fl,or surrounding area,that need work ,please let me know. I will be glad to submit a bid. thank you ,Roy Sherman 352 854 8035

  14. looking to buy a foreclose or shortsale in ozone park, richmond hill and in queens village area one family preferred price range up to $260,000

  15. I was told to come to thise site to find out if there is a need for a recovery agent in Indiana. If anyone knows who I should talk to please call me 7654783931.

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