MD Foreclosures

Buying Maryland Foreclosures is no easy task.  As a home-buyer, seeking to purchase your new home through foreclosure or short-sale, you need representation by a seasoned real estate professional that understands the uniqueness of buying foreclosure properties in Maryland. Interested foreclosure buyers have two options for buying foreclosure properties in Maryland.  Your first choice is to purchase a property that is listed for a “short-sale”.  This requires negotiation with the seller’s mortgage company to accept your offer, which is usually less than what the seller owes to their mortgage company as a pay-off.  Hence, the term “short-sale”.   Your second choice is to purchase a home that is already repossessed, or foreclosed by the bank from the seller’s default on their mortgage.  This is often referred to as a “REO” or Real Estate Owned property, since the bank now owns the property and wishes to sell it to a potential buyer to recover the amount of the outstanding mortgage. There are many short-sales, REOs and foreclosure properties available in Maryland.  Below is a current list of the latest short-sales in the Baltimore area.  Use the access to the properties database below to find your next Maryland Foreclosure.  Feel free to modify the search to locate Maryland Foreclosures in your desired local area. The foreclosure specialty team at Johnson & Associates Real Estate, Inc. are well versed and seasoned Maryland Foreclosure specialists.  Our team has listed and sold many foreclosures in the Maryland area.  Since 2005, our team has conducted short-sale and REO transactions for our clients in Baltimore County, Baltimore City, Howard County, Prince George’s County, Harford County, Anne Arundel County and Carroll County, among many other local neighborhoods like Owings Mills, Columbia, Randallstown, New Town, Reisterstown, Pikesville, Garrison and Lanham. We are familiar with the unique situations that arise when buying or selling foreclosure properties and are prepared to assist you in your pursuit to buy or sell your next foreclosure home.  Contact us if you need a Free 1 on 1 consultation or wish to speak to one of our Maryland Foreclosure specialists.