Maryland Foreclosure Law
The foreclosure process in Maryland is conducted in the
courts. The typical foreclosure process in Maryland lasts 46
days.
Pre-foreclosure Period
To begin the foreclosure process, a lender must file a
complaint against the borrower and obtain a decree of sale from
a court that has jurisdiction where the property is located. The
court will then determine whether a default has occurred. If the
court finds a default, it will fix the amount of the debt,
interest, and costs due and present a sensible time for payment
to be made. The court may order that if payment is not made
within a certain time, the property must be sold to satisfy the
debt. Before the sale date is set by the court, the lender is
not required to notify the borrower (owner) of the pending
foreclosure proceedings. This differs from a number of states
where some type of notification must be sent to the borrower
before any sale date is scheduled.
Notice of Sale / Auction
A notice of sale must be published in a local newspaper for
three consecutive weeks. The trustee must send a notice of sale
to the borrower and any other lien holders at least 10 days
before the date of the sale. A licensed auctioneer conducts the
sale, which typically takes place outside the courthouse. After
the winning bidder has been established, a notice that the sale
has occurred is published in a local newspaper to advise
interested parties that any objections must be made within 30
days. If no objections are filed, the sale is confirmed by the
court and the property ownership is transferred to There is no
established redemption period for the borrower, but the courts
can set a redemption period on a case-by-base basis.
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