In Maryland, foreclosures are often nonjudicial, which means they do not go through the court system. Before commencing foreclosure and selling your house, the foreclosing lender or servicer must give you with specific notifications. The essential components of Maryland’s foreclosure regulations are outlined here.
Maryland Foreclosure Regulations
In Maryland, Deficiency Judgments Following Foreclosure
After a foreclosure in Maryland, may your lender get a deficiency judgment against you?
HOA and COA Foreclosures in Maryland
In Maryland, if you fail to pay your HOA or COA assessments, the organization may normally get a lien on your property and may foreclose on your house.
Maryland Foreclosure Procedures and Laws
Learn about Maryland foreclosures, including pre-foreclosure processes, foreclosure procedures, and homeowners’ rights under state and federal laws.
Getting Your Home Back After a Maryland Property Tax Sale
If you do not pay your Maryland property taxes, you will lose your house in a tax sale. However, you will have some time to regain the property. Find out how long you have after a tax sale to redeem your home.
Common Maryland Foreclosure Questions
Can I reclaim my Maryland house if it goes into foreclosure?
If you lose your Maryland home to foreclosure, you have the option to redeem (repurchase) it before the court approves the foreclosure sale.