foreclosure sales in
Virginia

Welcome! Here you’ll find valuable research, videos and property lists to help you with the bidding process.

Online
Learning Resources

Watch our video and visit the Auction Learning Center to prepare for a foreclosure auction.

Our resources can help you better understand:

  • The auction process
  • What to expect if you win
  • How to pay for the property

FAQs

Have a question? Scroll down to find answers to our most Frequently Asked Questions

Please refer to the applicable foreclosure notice of sale provided on the property details page or contact the Trustee or Foreclosure Sale Agent directly to obtain information regarding foreclosure sales. Be sure to verify all information relating to the foreclosure sales with the appropriate Trustee or Foreclosure Sale Agent.

A foreclosure sale is conducted via a public sale that is open to all bidders. The Property is either sold to a third-party bidder at the event or reverts back to the beneficiary (Mortgagee, Bank or Lender) as a Real Estate Owned (REO) Foreclosure. Please contact the appropriate Trustee or Foreclosure Sale Agent to request a copy of the bidding rules and review the sale process in detail.

The time and place of foreclosure sales may be County specific or vary depending on the Trustee or Foreclosure Sale Agent. Please refer to the foreclosure notice of sale provided on the property details page or contact the Trustee or Foreclosure Sale Agent directly for specific information.

Online bidding is not available for a foreclosure sale in Virginia.

Typically funds are required to be paid in the form of cash or cashier’s check at the time of sale. Personal checks, company checks, letters of credit, or charge cards may not be accepted. Please refer to the foreclosure notice of sale on the property details page or contact the Trustee or Foreclosure Sale Agent directly for specific information.

The sale of a Property may be cancelled or postponed for many reasons prior to the start of bidding at the sale. There is no guarantee that a particular Property will actually be brought to sale. Please refer to any foreclosure notices or contact the Trustee or Foreclosure Sale Agent directly for specific information. All cancelled or postponed properties will be announced on the day of the auction and any postponed properties will be indicated on www.auction.com.

No, a buyer’s premium does not apply for these specific sale events.

Typically no. Many Properties will be sold “as is, where is,” with all faults and limitations. All prospective bidders are encouraged to conduct their own due diligence and investigate all matters relating to the Properties that they are interested in purchasing. It is recommended that you seek independent advice to perform your due diligence and to fully understand the foreclosure process and foreclosure sales in general prior to the sale. Doing your homework pays off! Some properties may have information provided by Auction.com on the Property detail pages. It is your responsibility to do a title search and seek any needed advice from counsel prior to the sale. Please refer to the foreclosure notice or contact the Trustee or Foreclosure Sale Agent directly for specific information.

No, as these Properties can be occupied, prospective bidders may not trespass on the Property, disturb the occupants or contact the borrowers to obtain information about the Property. However, detailed Property information for some properties may be available for informational purposes only on the Property detail page at Auction.com.

Under most circumstances, the winning bidder will receive a deed sometime after the sale is complete. Please refer to the foreclosure notice or contact the Trustee or Foreclosure Sale Agent directly for specific information.

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