Sell Your Behind on Payments House Fast in Virginia

Virginia is a non-judicial foreclosure state, which means lenders do not need to take you to court to foreclose — they can move through the process entirely outside the court system under the Virginia Code Title 55.1, Chapter 3 (specifically §55.1-320 through §55.1-345). After your first missed payment, most servicers will wait until you are 120 days delinquent before initiating formal foreclosure proceedings, per federal mortgage servicing rules, but once that threshold is crossed, Virginia law requires only that the lender advertise the trustee sale in a local newspaper for two consecutive weeks and provide written notice to the borrower at least 14 days before the sale date — meaning from first formal notice to auction can happen in as little as 60 to 90 days. There is no redemption period after the foreclosure sale in Virginia, so once the gavel falls, the home is gone and the new owner can move to have you removed. Before that auction date, homeowners still have meaningful options: you can negotiate a loan modification or forbearance, pursue a short sale, file for Chapter 13 bankruptcy to trigger an automatic stay and restructure the debt, or sell the home outright — including to a cash buyer — to pay off what is owed and potentially walk away with remaining equity.

• Cash offer within 24 hours
• Close in 7 days or on your schedule
• Buy as-is — no repairs required
• We pay all closing costs
• No agents, no commissions