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Short Sales and Foreclosures

Short Sales and Foreclosures
in Queen Anne's County

A short sale of a home occurs when the proceeds from the sale fall short of what the owner owes on the mortgage or mortgages. Often lenders will accept the short proceeds and forgive the seller the remaining debt. Often it is a better business decision for a lender to accept the short sale as opposed to engaging in a protracted, expensive foreclosure that would still leave the bank with a home to sell in order to recover losses. The homes listed below have been entered in a multiple listing service as short sales requiring third party approval of a lender.

Short Sales: CLICK HERE

Foreclosure and Pre-Forclosure: CLICK HERE