ForeclosuresToGo
Learning Center | How to Buy Virginia Foreclosures

How to Buy Virginia Foreclosures
Overview
Basic Steps to Purchasing Preforeclosures
Basic Steps to Purchasing Property at an Auction Sale

Answers
 

Overview

In Virginia, the primary method ofdeed of trustforeclosure isnon-judicial. However, if adeed of trust does not contain thepower of sale language or a standard mortgage is used, the lender may seekjudicial foreclosure.

As few as 60 days may pass from the time a property owner receives anotice of default until the property is sold at apublic foreclosure auction sale. Accordingly, don’t wait until the property becomesReal Estate Owned (REO) after the auction because the property will cost more than it would inpreforeclosure.


Read more...

Learn more about how to buy Virginia foreclosures and access America's largest searchable database of foreclosed homes.

It's FREE for 7 Days click here.

If you already have a Foreclosure.com account click here.

Home Login Contact About Lost Access Code Email Alerts FAQs
Privacy Policy & Security Statement Terms & Conditions of Service