Short Sale vs. Foreclosure – What’s the Difference?

Whether you’re a buyer or a borrower / seller, a short sale and foreclosure each present different advantages and difficulties. What Is A Foreclosure In Frederick and Carroll County Maryland? In simple terms… “A foreclosed home is one in which the owner is unable to make his mortgage loan payments and the bank repossessed the … Continued

What is a Pre-Foreclosure in Frederick and Carroll County?

With millions of homes across the country going into foreclosure, it’s important for both buyers and mortgage holders to understand the process. So what is a pre-foreclosure in Frederick and Carroll County anyway? Many homeowners across America and Frederick and Carroll County are facing difficulties making their monthly mortgage payments. When a homeowner misses 3-6 months of … Continued

Understanding the Foreclosure Process in Maryland

Understanding the foreclosure process in Maryland is an important part of navigating your own home foreclosure. Before we dive in… What is foreclosure anyway? Foreclosure is the legal process that lenders use to take back property securing a loan, generally after the borrower stops making payments. Foreclosure is no fun.  But just know that it’s not … Continued

Can I sell my Frederick and Carroll County house in foreclosure?

Do you have a Frederick and Carroll County Maryland house that’s in foreclosure right now? Many people going through the Maryland foreclosure process want to get out from under that burdensome house and wonder if they can sell the house in foreclosure. The short answer: yes. The long answer: it’s a little more complicated, but … Continued