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Foreclosure Homes in District Of Columbia

There are currently foreclosed homes listed in District Of Columbia. Why should you consider buying a foreclosure property in District Of Columbia? To save money, of course! That’s right, purchasing a foreclosed home can save you as much as 50 percent or more on the final sale price of a distressed deal in District Of Columbia when compared to a traditional single-family house. We’ve also got awesome deals on top of incredible foreclosure deals, from rent-to-own homes, short sales and preforeclosures in District Of Columbia, as well as bankruptcy filings and government-owned foreclosure listings such as HUD, Fannie Mae and Freddie Mac, among others. Just select the county in District Of Columbia that you want to look for a property below. Then search through all distressed real estate listings in District Of Columbia for the amazing deal that’s right for you.


District of Columbia Foreclosure Laws

District of Columbia primarily uses non-judicial foreclosure involving deed of trust (primary). mortgages are allowed but less common.. Typical timelines run 3-6 months typical. No post-sale redemption. Deficiency judgments permitted

  • Foreclosure Type Process
    Non-Judicial
  • Mortgage Instrument Security Type
    Deed of Trust (primary). Mortgages are allowed but less common.
  • Typical Timeline Duration
    3-6 months typical
  • Deficiency Judgment
    Deficiency judgments permitted
  • Redemption Period Owner Rights
    No post-sale redemption.
  • Process Summary
    Foreclosure is primarily nonjudicial. Deeds of trust allow power-of-sale foreclosure with notice and mandatory mediation options.
  • Notice / Timing Statute
    District of Colombia Code § 42-815 et seq. (notice and publication requirements)
  • Redemption Statute(s)
    District of Colombia Code § 42-816 (no statutory post-sale redemption)
  • Deficiency Statute(s)
    District of Colombia Code § 42-815 (deficiency allowed after foreclosure)

How to Buy a Foreclosure in District of Columbia

To purchase a foreclosure in the District of Columbia, review foreclosure listings via D.C. Superior Court filings and MLS services. D.C. foreclosures follow judicial procedures; understand timelines and possible right of redemption. Arrange financing or cash ahead of sale. Perform title searches and assess property conditions. Bid at the scheduled court sale and complete the necessary paperwork to obtain title.

What type of foreclosure is used in District of Columbia?
The type of foreclosure in District of Columbia is Non-Judicial
Is there a redemption period in District of Columbia?
No post-sale redemption.
Are deficiency judgments allowed in District of Columbia?
Deficiency judgments permitted in District of Columbia
How do you buy a foreclosure in District of Columbia?
To purchase a foreclosure in the District of Columbia, review foreclosure listings via D.

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Foreclosure Laws in District Of Columbia

Foreclosure laws vary by state. Learn more abut the Foreclosures laws in District Of Columbia.

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