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.
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.
14-day notice mailed. Published in newspaper. Posted on property.
Auction held. No redemption period. Deficiency judgments allowed but can be challenged.
VA's timeline is among the fastest. Don't wait for the trustee sale notice. Free consultation.