Contact Information
Dudley S Chapman ABR, ePro, RECS HRC Properties, LLC 124-B1 E Broad St. Falls Church, Virginia, 22046
Office: 703-237-7344 Cell: 703-517-7422 Fax: 703-852-3871
Lic. #: Licensed in Virginia and Washington DC
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What types of foreclosure are there in theArlington Virginia area?Judicial foreclosure action is a proceeding in which a mortgagee, a trustee or another lienholder on Arlington Virginia property requests a court-supervised sale of the property to cover the unpaid balance of a delinquent debt.
Nonjudicial foreclosure is the process of selling real property under a power of sale in a mortgage or deed of trust that is in default. In such a foreclosure, however, the lender is unable to obtain a deficiency judgment, which makes some title insurance companies reluctant to issue a policy.
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