Foreclosures in Maryland are nonjudicial, which means they do not go through the court system. The foreclosing lender or servicer must provide you with certain notices before starting foreclosure and before the sale of your home. You may have a right to reinstate the loan (pay all arrearages plus costs and fees) in order to avoid the foreclosure. In addition, many Maryland residents qualify for Maryland's new foreclosure mediation program. By participating in mediation, you may be able to negotiate an alternative to foreclosure with your lender. Below you can learn about the Maryland foreclosure timeline, key features of Maryland foreclosure law, and the details of the mediation program.
Deficiency Judgments After Foreclosure in Maryland
If you lose your home to foreclosure in Maryland, the foreclosing bank might seek a deficiency judgment against you.
Maryland HOA and COA Foreclosures
If you default on HOA or COA payments in Maryland, the association may foreclose on your condo, townhome, or house.
Maryland Foreclosure Laws and Procedures
Learn how a Maryland foreclosure works, including preforeclosure steps, foreclosure procedures, and homeowners’ rights under both state and federal laws.
Getting Your Home Back After a Property Tax Sale in Maryland
If you default on your property taxes in Maryland, you could lose your home to a tax sale. But you'll get a chance to "redeem" it.
If I lose my home to foreclosure in Maryland, can I get it back?
If you lose your home to foreclosure in Maryland, you can redeem (repurchase) it before the court ratifies the foreclosure sale.