How the Foreclosure Process Works in Virginia (And How to Stop It)
Date Published
Virginia is a non-judicial foreclosure state, which means the process can move faster than homeowners expect — often in as little as 60 days from the first missed payment notice, once the lender begins the formal process.
The Timeline
After several missed payments, your lender sends a notice of default. If the loan isn’t brought current, Virginia law allows the trustee named in your deed of trust to schedule and advertise a foreclosure sale — no court hearing required.
Your Options
You can catch up on payments, negotiate a loan modification or repayment plan, sell the house before the sale date, or in some cases sell directly to a cash buyer who can close before the auction and let you walk away with your equity instead of losing it.
If you’re behind on your Richmond-area mortgage and want to understand your options before the sale date, reach out — we can often close faster than a foreclosure auction moves.