Virginia · money left over after a foreclosure sale
You can claim it yourself, for free
Who holds it
The trustee who conducted the deed-of-trust (non-judicial) sale
How long
Not researched yet — ask the clerk
How you claim
Contact the trustee named in the sale notice and ask for the leftover proceeds (the 'residue'). The trustee must account for the sale to the circuit court's commissioner of accounts.
Checklist: Virginia, money left over after a foreclosure sale
Who holds it: The trustee who conducted the deed-of-trust (non-judicial) sale
How long:Not researched yet — ask the clerk
How you claim: Contact the trustee named in the sale notice and ask for the leftover proceeds (the 'residue'). The trustee must account for the sale to the circuit court's commissioner of accounts.
Your deadline: ____________ (confirm it with the clerk)
Steps
Find the trustee's name in the sale notice or the trustee's deed.
Ask the trustee in writing for the residue.
If you inherited or were assigned the owner's interest, tell the trustee in writing before payout. The trustee isn't bound by transfers it doesn't know about.
If unpaid, check the trustee's account filed with the commissioner of accounts.
Documents
Written request to the trustee
Proof you are the grantor, or papers showing you inherited or were assigned the grantor's interest
What it costs you
Not researched yet — ask the clerk
If someone offers to do it for you
Fee limits: Not researched yet — ask the clerk.
You never need to pay anyone to file.
Official links
Va. Code § 55.1-324 (trustee's duties; residue to grantor): https://law.lis.virginia.gov/vacode/title55.1/chapter3/section55.1-324/
Source: Va. Code § 55.1-324(A)(3); Va. Code § 64.2-1309; Va. Code §55.1-320(7); Va. Code §55.1-331; Va. Code §§55.1-321; Va. Code §§55.1-2518, 55.1-2519; Va. Code §59.1-200.1. Researched, not yet checked by a lawyer; confirm with the clerk. Not legal advice.