Virginia is a non-judicial foreclosure state with a fast timeline — as little as 60 days. VA law allows deficiency judgments but provides important notice requirements. Free consultation.
Fill out the form below and we'll contact you within 24 hours.
Virginia uses non-judicial foreclosure under a deed of trust. The process is fast — about 60 days. The trustee must send notice 14 days before sale and advertise in the newspaper. VA allows deficiency judgments, but the homeowner can challenge the sale price.
Lender accelerates loan and notifies homeowner. Opportunity to cure begins.
Day 014-day notice mailed. Published in newspaper. Posted on property.
Days 14-46Auction held. No redemption period. Deficiency judgments allowed but can be challenged.
~Day 60Pay all arrears before the trustee sale. VA's 14-day notice gives you a window to cure.
Negotiate affordable new payment terms with your lender before the auction date.
Challenge the trustee sale price if you believe the property sold for less than fair market value.
Sell your home for less than what you owe with lender approval to avoid foreclosure.