Legal Question in Real Estate Law in Virginia
non-judicial foreclosure in VA
This is a followup to previous question. I am the lender on a ''hard-money'' loan. The collateral is a house in Suffolk. I can't get an attorney - I'm on Disability and no retainer $. I was getting my info from Commonwealth of VA legal info site. I have tried legal aid - they're backed up and no one else will help. I am about to lose my house because of this. The ''package'' I was talking about was forms available from LawGuru re: foreclosure.
1 Answer from Attorneys
Re: non-judicial foreclosure in VA
Generally, a foreclosure can be conducted with no money up front. The trustee on your deed of trust has to do it, although you should have the power to designate another trustee.
Please respond directly to me, rather than back to the BBS. I would be pleased to take a look at your situation and see if we can help.