Posted by Michael on June 13, 2006 at 04:58:33:
I would also like to know the answers to these questions. Additionally, I would like to know how the process of eviction typically will work in the case of a defaulted ILC in VA. The buyer having equitable interest would seem to indicate that a court ruling would be necessary. But Virginia allows non judicial foreclosure and it is more common. If the ILC is contested by the buyer does this indicate a court ruling as the only solution?
In response to the first post, my research has indicated that a quitclaim deed from the buyer will remedy the claim if you can get them to cooperate with giving one. But I’m guessing that if you are asking this question, the buyer isn’t so cooperative… There’s always the option of paying them to leave and sign.