Does anyone know if you need to provide 100% of sale price in certified funds at foreclosure auctions in Virginia?
Here in NC you only need to provide 5% on the day of the auction.
Any info is much appreciated!
The terms of the sale will be clearly advertised in the publication. Bidders are usually required to post a 10% deposit and settle within 15 days.
Thanks Tom, great information. I see you do Title & Escrow, I will keep you in mind for any VA transactions.