Foreclosure


Understand your options under home foreclosure rules, how to protect yourself from scammers who peddle foreclosure rescue, and what to look for if you are considering buying a foreclosed property. 

Foreclosure Law

Virginia Code § 55-225.10 requires a landlord to give written notice to a tenant of a mortgage default, notice of mortgage acceleration, or notice of foreclosure sale relative to the loan on the dwelling unit within five business days after written notice from the lender is received by the landlord.

Foreclosure Rescue Scammers

How do you know if someone you talk to genuinely wants to help you prevent foreclosure or if they are setting a trap to take your money and possibly leave you homeless? In stressful times, it is difficult to know when someone is really saying what they mean, or just delivering empty promises.

Before You Buy a Foreclosed Home

A home is one of the most expensive purchases a person will make in his or her lifetime, so the decision to purchase a home should never be an uninformed one. To minimize unpleasant surprises and unexpected difficulties, you’ll want to learn as much as you can about the newly constructed or existing house before you buy it.

 



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