Ocean City Maryland Real Estate - Ocean Pines MD Real Estate

FORECLOSURE & SHORT SALES


Welcome to one of the most comprehensive lists of condos, townhomes & single-family homes for sale in the Ocean City, West Ocean City and Ocean Pines area:

Bank Owned   -  
Foreclosures  - Short sales  -  Motivated sellers    

  REO's   -    Owners who say "Make an offer" 

  If you would like to make an appointment to see any of the properties listed below or any others in the Resort area, please call Dave Whittington at 410-430-5283 or e-mail me at OCDaveW@gmail.com

* Bookmark this page and visit as often as you like to see the up-to-date lists.

 

OCEAN CITY 

FORECLOSURES, REO & BANK OWNED

SHORT SALES

MOTIVATED SELLERS

 

WEST OCEAN CITY

FORECLOSURES, REO & BANK OWNED

SHORT SALES

MOTIVATED SELLERS

 

OCEAN PINES

FORECLOSURES, REO & BANK OWNED

SHORT SALES

MOTIVATED SELLERS

 

 
Definitions

Short Sale
A short sale is a sales transaction in which the seller's mortgage lender agrees to accept a payoff of less than the balance due on the loan.  The home is typically being sold to prevent impending foreclosure due to mortgage default.

Foreclosure Sale/Auction

This is a property that a lender has repossessed from the owner and is selling at public auction to recover the amount owed on the defaulted mortgage plus any applicable fees and expenses (also called a “Trustee Sale”).

REO

REO stands for Real Estate Owned by a lender or government entity (FHA, VA, etc.).  You will also hear the term “Bank Owned” in reference to such properties.  REO's are most often post-foreclosure listings that come on the market after the lender or government agency was unable to sell them at auction.

   

 

The list of properties was generated from listings in the Multiple Listing Service.  This list does not intend to represent that every foreclosure, bank owned property, REO (Real Estate Owned), short sale, motivated seller or owner willing to look at offers in the Ocean City West Ocean City & Ocean Pines area is listed.  This page was created to provide one site where a prospective purchaser can view a list of such properties for sale through the Multiple Listing Service.  All information is deemed reliable but not guaranteed.

Dave Whittington  Associate Broker
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