Avoid Foreclosure

Washington D.C. Foreclosure Process

Non-judicial foreclosure in the District of Columbia requires that a power of sale clause authorizing the lender, in the event of default, to sell the property to recover the loan balance.

If the power of sale clause specifies the time, place, and terms of sale, then that procedure must be followed. If not, then the lender must obtain a court order outlining the terms of sale.

The lender must send a written notice of sale to the borrower via certified mail, and also send a copy to the Mayor's office. The sale may take place 30 days after receipt of the notice of sale by the Mayor's office.

The lender may sue for a deficiency judgment against the borrower. The borrower has no rights of redemption following the sale.