Understanding the Foreclosure Process in Virginia

Understanding the foreclosure process in Virginia is an important part of navigating your own home foreclosure. Before we dive in… Understanding the Foreclosure Process in Virginia What is foreclosure anyway? Foreclosure is the legal process that lenders use to take back property securing a loan, generally after the borrower stops making payments. Foreclosure is no fun. … Continued

Can I Sell My House in Foreclosure in Northern Virginia?

Do you have a Northern Virginia Virginia house that’s in foreclosure right now? Many people going through the Virginia foreclosure process want to get out from under that burdensome house and wonder if they can sell the house in foreclosure. The short answer: yes. The long answer: it’s a little more complicated, but usually you … Continued

Short Sale vs Foreclosure – What’s the Difference in Northern Virginia?

Whether you’re a buyer or a borrower/seller, a short sale, and foreclosure each present different advantages and difficulties. What Is A Foreclosure In Northern Virginia, Virginia? In simple terms… “A foreclosed home is one in which the owner is unable to make his mortgage loan payments and the bank repossessed the home” (source).  If you … Continued