Behind on your mortgage in Richmond?
Stop foreclosure in Richmond, Virginia.
A missed payment doesn’t mean the bank owns your house. In Virginia, you keep ownership until the trustee’s sale, so you still have time to stop the foreclosure.
- ✓ 4 options before the sale
- ✓ $0 fees or commissions
- ✓ You pick the closing date
Tell us about your house
Get a fair cash offer in writing. No obligation.
Prefer to talk? Call or text (804) 609-3966.
4 Ways to Stop Foreclosure in Virginia
Plenty of Richmond homeowners fall behind after a job change, a divorce or a medical bill. It happens, and there’s nothing to be ashamed of. Here are the four paths most people look at, and selling is only one of them.
Catch up with your lender
If you can pay what’s past due plus fees, your loan can usually be brought current. Ask your servicer for the exact amount in writing.
Ask about a loan modification
A modification, forbearance or repayment plan can change or pause what you owe each month. Apply early and keep a copy of everything you send.
Get free foreclosure help
HUD-approved housing counselors help homeowners work with their lender at no cost or low cost. Find a counselor near you, or see Virginia Housing’s foreclosure prevention options.
Sell before the sale
Selling pays off the loan and protects the equity you’ve built. List with an agent if you have time, or take a cash offer and pick a closing date before the auction.
How Foreclosure Works in Virginia, and When You Can Still Stop It
1
You fall behind
Federal rules generally don’t let your mortgage servicer start a foreclosure until you’re more than 120 days behind, about four missed payments (12 CFR 1024.41).
2
You get a notice of sale
For a home you live in, Virginia law says the trustee must mail you notice at least 60 days before the sale, with housing counseling and legal aid contacts (Va. Code § 55.1-321).
3
The sale is advertised
The trustee advertises the sale in a local newspaper before the auction date (Va. Code § 55.1-322).
4
The trustee’s sale
The house is sold at a public auction. Until that day it’s still yours, and you can still stop the foreclosure. Every option above works best the earlier you start.
We’re not attorneys and don’t give legal advice. For your situation, talk to a Virginia attorney or your local legal aid office.
Two Ways We Can Help
List my house for sale
Have four to six months? Listing could leave you with more money, and a sale before the auction can protect your credit. We’ll tell you honestly if listing makes more sense.
Get a fair cash offer
Tell us about your house and where things stand with your lender. We’ll walk through the house, put an offer in writing, and you pick a closing date that lands before the auction.
Behind on property taxes too?
That’s a different process. Richmond is restarting its tax sale program in November 2026, and our guide on whether you can sell a house with back taxes in Richmond walks through your options.
Want the full mortgage timeline? Our guide on whether you can sell a house in foreclosure in Virginia explains it step by step.
Can you stop a foreclosure sale in Virginia?
In most cases, yes, right up until the trustee’s sale. You can bring the loan current by paying what’s past due plus fees, or sell the house and pay off the loan at closing.
If your servicer gets a complete loss mitigation application more than 37 days before the sale, federal rules generally don’t let it hold the sale until it decides on your application (12 CFR 1024.41). Filing for bankruptcy can also pause a sale. A Virginia attorney can tell you whether that fits your situation.
You Still Have Time to Make a Plan
We’re a local, veteran-owned company that buys homes in Richmond. We’ll walk through your options with you, with no pressure and no obligation.