Maryland Foreclosures - 12,731 Foreclosure Listings

Foreclosure Homes in Maryland

There are currently foreclosed homes listed in Maryland. Why should you consider buying a foreclosure property in Maryland? 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 Maryland 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 Maryland, 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 Maryland that you want to look for a property below. Then search through all distressed real estate listings in Maryland for the amazing deal that’s right for you.

Maryland Foreclosure Laws

Maryland primarily uses non-judicial (quasi-judicial; court ratification required) foreclosure involving deed of trust (primary). mortgages are allowed but less common.. Typical timelines run 3-6+ months. No significant post-sale redemption. Deficiency judgments permitted

Foreclosure Type Process

Non-Judicial (Quasi-judicial; court ratification required)
Mortgage Instrument Security Type

Deed of Trust (primary). Mortgages are allowed but less common.
Typical Timeline Duration

3-6+ months
Deficiency Judgment

Deficiency judgments permitted
Redemption Period Owner Rights

No significant post-sale redemption.
Process Summary

Maryland uses a deed-of-trust system with court oversight. Foreclosures are filed in court but proceed largely without full litigation unless contested.
Notice / Timing Statute

Maryland Code, Real Prop. § 7-105 et seq. (notice requirements)
Redemption Statute(s)

Maryland Code, Real Prop. § 7-105.1 (limited redemption rights)
Deficiency Statute(s)

Maryland Code, Real Prop. § 7-105 (deficiency allowed after foreclosure)

How to Buy a Foreclosure in Maryland

Begin by finding foreclosure listings via county circuit court auctions, MLS, and public notices in Maryland. Maryland foreclosures are judicial; understand redemption periods. Have your financing in place in advance. Conduct title and property condition reviews. Attend the foreclosure sale or negotiate a purchase with the lender afterward

What type of foreclosure is used in Maryland?

The type of foreclosure in Maryland is Non-Judicial (Quasi-judicial; court ratification required)

Is there a redemption period in Maryland?

No significant post-sale redemption.

Are deficiency judgments allowed in Maryland?

Deficiency judgments permitted in Maryland

How do you buy a foreclosure in Maryland?

Begin by finding foreclosure listings via county circuit court auctions, MLS, and public notices in Maryland.