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42 new today Next auction Fri, Nov 6

State Info

16,591 listings in Virginia

Foreclosure Homes in Virginia

There are currently 16,591 foreclosure homes listed in Virginia. Buying a distressed property in Virginia can save you as much as 50 percent compared to a traditional sale. Along with bank-owned foreclosures, you can browse rent-to-own homes, short sales, preforeclosures, bankruptcies and government-owned listings such as HUD, Fannie Mae and Freddie Mac. Pick a city or county below to see every distressed listing in Virginia.

42 new Added today in Virginia

See all 42 new listings
  1. Property in Rixeyville, VA 22737 NEW Foreclosure Est. $340K Rixeyville, VA 22737 3 bd, 2.0 ba
  2. Property in Suffolk, VA 23434 NEW Foreclosure Est. $185K Suffolk, VA 23434 Multi-Family
  3. Property in Newport News, VA 23608 NEW Preforeclosure Est. $184K Newport News, VA 23608 3 bd, 2 ba
  4. Property in Cobbs Creek, VA 23035 NEW Preforeclosure Est. $373K Cobbs Creek, VA 23035
  5. Property in Leesburg, VA 20176 NEW Preforeclosure Est. $1.3M Leesburg, VA 20176 4.0 ba, Single-Family
  6. Property in Patrick Springs, VA 24133 NEW Preforeclosure Est. $71K Patrick Springs, VA 24133
  7. Property in Madison Heights, VA 24572 NEW Preforeclosure Est. $338K Madison Heights, VA 24572 3 bd, 2.0 ba
  8. Property in Alexandria, VA 22310 NEW Preforeclosure Est. $567K Alexandria, VA 22310 5 bd, 2.0 ba
  9. Property in Hampton, VA 23661 NEW Preforeclosure Est. $454K Hampton, VA 23661
  10. Property in Wytheville, VA 24382 NEW Preforeclosure Est. $365K Wytheville, VA 24382
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Upcoming Virginia auctions

See all 182 homes at auction this week
  1. Chesterfield County 4 homes, today
  2. Portsmouth City County 4 homes, today
  3. Culpeper County 2 homes, today
  4. Fairfax County 2 homes, today

Virginia Foreclosure Laws

Virginia mostly uses a nonjudicial foreclosure process carried out by a trustee. Many home loans are secured by deeds of trust that include a power-of-sale clause. Because court involvement is limited, the process can move quickly once notices are given. Deficiency judgments may be allowed if the sale does not cover the full balance owed.

Foreclosure type
Non-Judicial
Typical timeline
2-3 months typical
Deficiency judgment
Deficiency judgments permitted
Redemption period
No post-sale redemption.
Process and statute references
  • Mortgage Instrument Security Type
    Deed of Trust (primary). Mortgages exist but are uncommon.
  • Process Summary
    Virginia primarily uses nonjudicial foreclosure. Trustees conduct the sale under a deed of trust with notice requirements.
  • Notice / Timing Statute
    Virginia Code § 55.1-320 et seq. (deed of trust foreclosure)
  • Redemption Statute(s)
    Virginia Code § 55.1-321 (no statutory post-sale redemption)
  • Deficiency Statute(s)
    Virginia Code § 55.1-337 (deficiency allowed after foreclosure)

How to Buy a Foreclosure in Virginia

In Virginia, locate foreclosure properties via public trustee listings, MLS, and county records. Virginia' non-judicial foreclosure system requires notice compliance. Arrange your financing early. Conduct a title search and inspect property where possible. Participate in the foreclosure sale and complete title transfer.

What type of foreclosure is used in Virginia?
The type of foreclosure in Virginia is Non-Judicial
Is there a redemption period in Virginia?
No post-sale redemption.
Are deficiency judgments allowed in Virginia?
Deficiency judgments permitted in Virginia
How do you buy a foreclosure in Virginia?
In Virginia, locate foreclosure properties via public trustee listings, MLS, and county records.

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