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Ocean City, MD Foreclosures and Short Sales

Welcome to one of the most comprehensive lists of short sale and foreclosure condos, townhomes & single-family homes for sale in the Ocean City, West Ocean City, and Ocean Pines area. If you're unsure of the difference between short sales and foreclosures, read our definitions just below the listings.

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 send an e-mail to OCDaveW@gmail.com

View Ocean City & Ocean Pines Short Sales & Foreclosures

All Listings Under $100,000 $100,000 - $200,000
$200,000 - $300,000 $300,000 - $400,000 $400,000 - $500,000
$500,000 - $600,000
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$535,000
 

1855 Asbury Ave #b, OCEAN CITY

3 Beds, 2 Baths, 1,191 SqFt
Upper level home. This is a short sale and will req. a third party app.... As a short sale, the property is being sold "as is" responsible for all inspections and certifications. Note: any and all offers back up ......Appraisal came in at asking price ....
$419,900
 

11700 Coastal Hwy #t702, OCEAN CITY

3 Beds, 2 Baths, 1,246 SqFt
Bring all offers for this 3 bedroom, 2 bath condo features wide balconies on both the oceanfront and the bayside-sunrises AND sunsets! This condo is above the roof line on the oceanfront with beautiful views! It is fully furnished and upgraded. You don't have to leave the premises for indoor and outdoor pools, ice skating rink, tennis, game room, restaurant, exercise room, and more! Also a great rental all year round.
$409,900
 

10 Beach Ct, OCEAN PINES

6 Beds, 3½ Baths, 3,653 SqFt
Lowest price waterfront in OP over 3,000 sq foot with a dock! Don't miss out on this bargain! Waterfront OPEN CANAL hideaway on an oversized lot nestled in the heart of Ocean Pines. This spacious 6 bedroom 3.5 bath gem features PRIVATE DOCK, 2 BOAT SLIPS, one boat lift, one jet ski lift,1st floor master, vaulted ceilings for tons of light, private outside shower, mudroom, 5 bedrooms with direct bathroom access, waterfront screened porch, 1st
Reduced
$400,000
 

10700 Coastal Hwy #2007, OCEAN CITY

3 Beds, 2 Baths, 1,512 SqFt
Enjoy the stunning and expansive ocean views and sunrises from this direct oceanfront 3 bedroom property located on the 20th floor. At 1512 sq. ft., this condo offers plenty of room for entertaining and bonus ocean views from inside! The Quay amenities includes heated outdoor pool, year round indoor pool, 3 elevators, exercise room, large game room/arcade, tennis and on-site management. Building upgrades and improvements have included
$375,000
 

10344 Exeter Rd, OCEAN CITY

2 Beds, 2 Baths, 1,435 SqFt
WOC Waterfront home in a subdivision with no HOA. Development possibilities current home sits on 2 lots. 20187 new bulkhead, corner lot Great location minutes to everything.''Property being sold is a Short Sale. Third Party processor required (see attached disclosures). All offers and real estate agent commissions are subject to 3rd party approval from seller(s) mortgage company/lenders and any other lien holders, and subject to the Seller(s)
$349,900
 

4603 Coastal Hwy #208, OCEAN CITY

3 Beds, 2 Baths, 1,501 SqFt
Attention! Seller will pay up to $10,000 towards a furniture allowance and/or buyer's closing costs for a closing by 8/24/18. Bayside location with a beach and outdoor pool. This 3 bedroom 2 bath unit offers open kitchen/living area that leads to a private balcony. Kitchen has granite counter top, tiled flooring, stainless appliances, and a breakfast bar. Master suite features walk-in closet, jetted tub, tiled shower, and dual vanity sink.
$225,000
 

1001 N Baltimore Ave #abldg, OCEAN CITY

2 Beds, 1 Bath, 1,134 SqFt
Unique condo in the heart of Ocean City. Only 1 block to the beach and the boardwalk. This condo offers 2 bedrooms, a large eat-in kitchen and living area. Includes a utility room and a spare room that could easily be used as office or guest room. Would be excellent rental because of size and location
$160,000
 

17 Fosse Grange, OCEAN PINES

3 Beds, 2 Baths, 960 SqFt
Lovely maintained 3 bedroom, 2 bathroom home in Ocean Pines on spacious lot just minutes to Ocean City, MD. Paved driveway and well maintained landscaping. Updated Kitchen with beautiful countertops and, 2 updated bathrooms. Enclosed porch on back of house overlooking spacious back yard and Large storage shed. Community amenities include indoor and outdoor pools, beach club, outdoor tennis courts, playgrounds, community center. Inquire with
$135,000
 

7 52nd St #302, OCEAN CITY

1 Bed, 1 Bath, 585 SqFt
Great Mid-Town location. Walk to the beach and restaurants, unit located on the top floor. Great Views of Ocean & Bay! Very affordable location in great condition. Storage unit underneath the building for each individual unit.Needs third party approval.
$106,100
 

3 Bramblewood Dr, OCEAN PINES

3 Beds, 2 Baths, 1,050 SqFt
Calling all DIY enthusiasts, make this into your dream home! This 3BR 2BA rancher offers an excellent deal so don't miss out. Interior features an open living/dining area, fireplace and cathedral ceiling. This listing won't last long, so call us TODAY to schedule a tour.
$95,000
 

409 Saint Louis Ave #51, OCEAN CITY

1 Bed, 1 Bath, 588 SqFt
Rental opportunity! Please see addendum!Poplar Building with Pool,just 2 Blocks From Beach and Boardwalk. Excellent Downtown Location, Excellent Investment, Close to Ball Fields, Skate Park, Tennis Courts, Play Ground and Bay Side Boardwalk.

 

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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 information being provided by the Coastal Association of REALTORS® is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The data is deemed reliable but is not guaranteed accurate by the MLS.