Facing foreclosure · Hampton Roads, Virginia
Facing foreclosure? Sell the house before the trustee does.
If the house is worth more than you owe, a direct as-is cash sale can pay off the loan at closing, on a date you choose before the sale, once title is clear. Get a fair, no-obligation cash offer, fast, and an honest read on whether the numbers work.
- Free to ask
- Any condition, as-is
- Your date, once title is clear
- U.S. Navy veteran-owned He knows PCS orders firsthand.
- A contractor’s eye Repairs priced honestly.
- Hampton Roads local Not a franchise or an app.
- As-is, any condition No repairs, no cleaning.
Where you are
Missed mortgage payments, and the letters keep coming.
Maybe it started with a lost job, a medical bill, a divorce or a deployment that changed the household budget. One missed payment turned into three. Now the lender’s letters come by certified mail, one mentions a trustee’s sale, and you are not sure how much time is left.
Falling behind is not a judgment on you. It does mean the calendar is now being set by the lender’s paperwork instead of by you.
Here is what gets missed: until the trustee’s sale, the house is still yours to sell. If there is equity, selling first can clear the loan before the trustee’s sale. If there isn’t, we will say so plainly.
Virginia law
How foreclosure works in Virginia: notices, ads and the sale.
Virginia spells out how a lender has to warn you before your house is sold. Here is what the Code says, in plain language, with each section linked.
Educational, not legal advice. This section explains general Virginia rules in plain language, reviewed . Every situation is different, so talk to a Virginia attorney before you act on it.
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At least 60 days’ written notice on a home you live in
Virginia foreclosures are usually trustee’s sales under a deed of trust, handled outside of court. Before a trustee sells an owner-occupied home, the owner must be mailed notice of the sale, by certified or registered mail, at least 60 days ahead. For other property, such as a rental, the minimum is 14 days.
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The notice is not an eviction
On an owner-occupied home, that notice must state that it is not a notice to vacate, and suggest contacting an attorney, legal aid or a housing counseling agency.
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The sale has to be advertised
The trustee must advertise the sale in a newspaper of general circulation where the house is. Your deed of trust may set how many ads run, and many set fewer than the Code’s default, so read yours. Either way, the sale is held after the last ad, no earlier than eight days after the first one and no more than 30 days after the last.
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A badly advertised sale can be challenged
If the trustee skips the advertising rules, a court can declare the sale voidable on petition.
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When the owner has died
If the lender knows the owner has died, the notice must also go to the estate’s personal representative and to the heirs listed in the circuit court’s records.
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Federal protection for servicemembers
Under the Servicemembers Civil Relief Act, if the mortgage predates your service, a foreclosure sale during service or within a year after is not valid without a court order or a qualifying written agreement. If the lender goes to court during service or within a year after, a judge can also pause the case or adjust the debt.
Your options
Ways to stop or avoid foreclosure, side by side.
Selling is not the only way out. A HUD-approved housing counselor or an attorney can help you weigh these against your lender’s terms.
| Option | What it involves | A good fit when | Watch out for |
|---|---|---|---|
| Catch up on the loan | Pay the missed payments plus the charges the lender has added. | The money is there now, or the hardship is behind you. | What you owe tends to grow as the foreclosure moves. Get the figure in writing. |
| Loan modification or repayment plan | Ask your servicer to change the terms or spread out what you owe. | You want to stay and can afford a new monthly payment. | Heavy paperwork, and approval is the lender’s call. You can ask for our offer at the same time, as a fallback. |
| Put it on the market | Fix it up, show it, and wait for a buyer whose lender has to approve before the sale date. | There is real equity, the house shows well and the sale date is far off. | Repairs, showings and commissions all eat into the time and the equity you have left. |
| Short sale | Sell for less than you owe, with the lender’s approval. | The house is worth less than the loan. | Approval can be slow and uncertain. Ask an attorney whether you could still owe the difference. |
| Bankruptcy | File with a bankruptcy attorney. | The mortgage is one of several debts you can’t manage. | Legal costs and lasting credit effects. Ask how filing would affect your sale date. |
| Our offer A direct cash sale to us | One cash offer for the house as it is, with the loan paid off at closing. | The price covers the payoff and you want to pick the date and skip repairs and showings. | Our price assumes no repairs, so it usually trails a repaired listing, and it only helps if it clears your payoff. Weigh it against the others. |
Doing nothing leaves the price and the date to the trustee’s sale. A real cash number in hand makes every other option easier to judge. Get your cash offer, then decide.
Why us
Why owners facing foreclosure call a local buyer.
With a sale date coming, you need straight answers, not a pitch.
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A straight answer on the numbers
We weigh what the house is worth to us as it stands against what you owe. If our offer won’t cover the payoff, you hear it up front, not at the closing table.
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No repair bills when money is tight
Falling behind on payments often means falling behind on upkeep too. Angel has worked as a contractor, so the leaks and wear that waited while money was tight are priced at what the work really costs, with no padding, and none of it is yours to fix.
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No showings, no buyer’s loan to wait on
A cash sale skips open houses and a buyer’s financing that must come through before your sale date. There are no agent commissions to pay, and we cover standard closing costs.
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Local, and familiar with orders
Angel is a U.S. Navy veteran based in Hampton Roads, not a national franchise or an app. If a deployment or PCS move is part of why payments slipped, he understands it firsthand.
Sellers
In their words
Saved me from a huge headache!
I inherited a property that needed a massive amount of work—roof leaks, outdated plumbing, you name it. I didn’t have the time or funds to fix it up before putting it on the market. Remodeling Investment Group came through with a fair cash offer within 24 hours. The process was smooth, transparent, and we closed in under two weeks. Couldn't recommend them enough!
Marcus T. Seamless experience from start to finish.
I had to relocate for a new job on short notice and needed to sell my home fast without dealing with endless open houses or repair demands from retail buyers. Remodeling Investment Group made a direct cash offer, handled all the paperwork, and let me pick my closing date. Truly stress-free!
Elena R. Perfect solution for landlords ready to step away.
After dealing with problematic tenants and constant repairs on my rental property, I was ready to exit. Remodeling Investment Group bought the property as-is—no cleaning or repairs required. They were honest, polite, and kept every promise they made. A top-tier team!
David K.
How it works
Selling before the foreclosure sale, step by step.
Nothing is binding until you sign a purchase agreement, and you can walk away any time before that.
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Send the address and any sale date
If a trustee’s sale is scheduled, tell us the date so we can say honestly whether a closing fits before it.
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Hear our number
Angel reviews the house and what you’ve told us about the loan, then makes a fair, no-obligation cash offer, fast.
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Check it against your payoff
Ask your servicer for a written payoff statement, or let the title company request it. That figure shows whether the sale clears the loan.
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Close on your chosen date
Once title is clear, the title company pays off the loan from the sale, and what remains after the loan and any other liens is yours.
Before you call
Papers that help (only if they’re handy).
None of these are required to ask for an offer. They just make the payoff math quicker.
- The most recent mortgage statement. It shows the balance, the servicer and the loan number.
- Any foreclosure letters. Especially one that names a trustee or a sale date.
- Second mortgage or HELOC details. Every loan on the house is paid at closing, so the full picture matters.
- Tax and HOA bills. Unpaid property taxes or association dues are usually settled from the sale too.
- Military orders, if they apply. Your service dates can matter under the federal SCRA.
Can’t find the paperwork? Ask for your number anyway. The payoff can be requested later.
Questions
Foreclosure in Virginia: questions homeowners ask
Can I sell my house if foreclosure has already started in Virginia?
In most cases, yes: until the trustee’s sale takes place, you can still sell. The price has to pay off what the lender is owed, or the lender has to approve a short sale. An attorney can confirm your situation.
How much notice do I get before a foreclosure sale in Virginia?
For a home you live in, at least 60 days’ notice by certified or registered mail (Va. Code § 55.1-321(A)); for other property it is 14 days. The trustee must also advertise the sale in a local newspaper under § 55.1-322, on the schedule in your deed of trust or, if it is silent, the one in the Code.
Do I have to move out when I get the foreclosure notice?
No. Under Va. Code § 55.1-321(E), the notice for an owner-occupied home must say it is not a notice to vacate. If you sell to us, you plan your move around the closing date you choose.
What if the house is worth less than my mortgage balance?
Then a cash sale to us may not cover the payoff, and we will tell you that plainly. A short sale needs your lender’s approval, so talk with your servicer and a HUD-approved housing counselor or an attorney.
I’m on active duty. Can the SCRA stop a foreclosure sale?
It can, if the mortgage was taken out before your military service began. Under 50 U.S.C. § 3953, a foreclosure sale during service or within a year after it is not valid without a court order or a qualifying written agreement. Your installation’s legal assistance office can review your case.
The owner died and the lender is foreclosing. Who gets notice?
If the lender knows the owner has died, Va. Code § 55.1-321(A) requires notice to the estate’s personal representative and to the heirs listed in the circuit court records. The heirs can still ask us for an offer while the estate is sorted out.
Educational, not legal advice. Answers about Virginia law cite the Code section they rely on.
Related
Dealing with more than one of these?
Foreclosure rarely arrives alone. Back taxes, repairs or a split household can all be settled in the same sale.
Behind on a mortgage anywhere in Hampton Roads? We buy in all seven cities
Sources
- Va. Code § 55.1-321 (opens in a new tab)
- Va. Code § 55.1-322 (opens in a new tab)
- 50 U.S.C. § 3953 (opens in a new tab)
Code sections link to the official text. Last reviewed . Laws change; we re-check these sources when the page is updated. Educational, not legal advice.
Free to ask · As-is · Your closing date
Put a real cash number next to your payoff.
Send the address and, if you know it, the sale date. You’ll get a fair, no-obligation cash offer, fast. If it clears the loan, you close on the date you pick, once title is clear. If it doesn’t, you’ll know where you stand.
- Send the address and a few details. A few minutes, no obligation.
- Get a fair cash offer. For the house as-is.
- Pick your closing date. We close on it once title is clear.
Rather talk it through? Call (757) 386-0307 or send a text.