Summary of Vermont's Foreclosure Laws

Topic State Rule Common type of foreclosure process

Deficiency Judgments After Foreclosure in Vermont

In Vermont, if you go through foreclosure and the sale price is not enough to cover the balance of your mortgage, your lender can come after you for the "deficiency." Read on to learn what a defici

Vermont Timeshare Foreclosure and Right to Cancel Laws

If you are thinking about purchasing a timeshare in Vermont (or have already done so), you should take the time to learn the answers to the following questions: How do I cancel a timeshare purchase in Vermont? Are there any timeshare sale protection laws? Are there any timeshare resale protection laws?

Vermont HOA and COA Foreclosures

If you live in a common interest community (such as a single-family house, condominium, or townhome) in Vermont, you are probably responsible for paying dues and assessments to a homeowners’ association (HOA). If you fall behind in payments, in most cases the HOA can get a lien on your property that

What Is Strict Foreclosure?

A few states allow lenders to foreclose by court order, without holding a sale.

Vermont's Foreclosure Mediation Program

In response to the ongoing foreclosure crisis in this country, many states have implemented mediation programs to assist borrowers in finding ways to avoid foreclosure.

If I Lose My Home to Foreclosure in Vermont, Can I Get It Back?

Question I bought a house in Vermont many years ago and have lived there ever since. I fell behind in my monthly mortgage payments and the bank started a foreclosure.

Can I Reinstate My Mortgage to Save My Home From Foreclosure in Vermont?

If you’re a homeowner facing a foreclosure in Vermont because you’re behind in your mortgage payments, you may be able to cure the default (or “reinstate”) and thus stop the process from going forward. To reinstate, you must pay all back loan payments that you owe, plus late charges, fees, and