This section is designed to provide Maryland homeowners with a simple explanation of the Maryland foreclosure process, provide alternatives to foreclosure, and to link homeowners to resources that are available in Maryland to assist with homeownership preservation. In this section, I have attempted to de-mystify the foreclosure process by providing you with an explanation of the foreclosure laws in easy-to-understand language. It is important that you read the entire section to have a clear understanding of Maryland’s foreclosure laws and to know the options available to help you keep your home. Feel free to follow links from this site to other helpful online resources.
If you are in foreclosure, you must educate yourself about the Maryland foreclosure process in order to have a fighting chance at keeping your home or mitigating your loss.
I encourage you to read the sections entitled Stopping Foreclosures and Loss Mitigation Options. In these sections, you will find useful information that may help you keep your home. This site also provides the names and numbers to Housing Counseling Agencies, Real Estate Agents, Mortgage Professionals, and Attorneys, who may be able to assist you in achieving your goal of homeownership preservation or loss mitigation. Before you start dialing numbers and looking for help, take the first step and learn about the Maryland foreclosure process so that you will know what questions to ask and where you need to start. To that end, I request that you read every page on this site to get an understanding of Maryland’s foreclosure laws.
Foreclosure 101 