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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
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$399,000
 

11700 Coastal Hwy #702, OCEAN CITY

3 Beds, 2 Baths, 1,246 SqFt
$380,000
 

10700 Coastal Highway #2007 Quay, 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 re-coated
$359,900
 

2 Hidden Cove Way #lug-at-4c, OCEAN CITY

3 Beds, 2 Baths, 1,474 SqFt
Coming Soon! 3 bedroom/2 full bath beach home in Sunset Island. This home is being sold as a Short Sale & is participating with a facilitator. Please see documents outlining terms.
$215,000
 

66 Camelot Cir, OCEAN PINES

4 Beds, 3 Baths, 1,800 SqFt
Wonderful potential for handy buyer! Buyer to pay $2500 to Ann Shaw at settlement to negotiate short sale. The bones are great and it looks like the home just needs a major cleaning, a few dump runs, some drywall & paint, new carpet, and maybe a roof. The traffic flow inside is great, the rooms are spacious, there is a wonderful sunroom that flows from the kitchen/dining room to the fenced rear yard. There is a paved driveway to the
$200,000
 

14 Dawn Isle, OCEAN PINES

3 Beds, 2 Baths, 1,422 SqFt
At this price, this one won't last, so don't delay, ACT FAST! Now you can get away to the Eastern Shore without being in the fray of downtown Ocean City ~ unless, of course, you and your family thrive on that excitement! Whether you're looking for a seasonal get-away or a vacation rental property, look no further. This 3BR/2FB single family raised rancher in desirable Ocean Pines is a stone's throw -- a cozy, but convenient 8 miles away --
$185,000
 

63 White Horse Dr, OCEAN PINES

3 Beds, 1 Bath, 1,008 SqFt
$145,000
 

7 52nd St #302, OCEAN CITY

1 Bed, 1 Bath, 585 SqFt
Back on the Market! Bring all offers! Great Mid-town location. Walk to the beach & restaurants, unit located on the top floor. Great views of Ocean & Bay! Very affordable location in good condition. Storage unit underneath for each unit. Needs third party approval, BPO has been completed!
$140,000
 

825 Plymouth Pl #21, OCEAN CITY

1 Bed, 1 Bath,
This property is beach block, first floor and your own parking spot right outside your door. No need to drive your car to the beach or boardwalk! Its a half block away. Great location! Association includes water and sewer! Needs carpeting. This is a short sale and bank requires cash buyers. Joyce Miller for an appointment.
$99,900
 

103 123rd St #325a1, OCEAN CITY

1 Bed, 1 Bath, 698 SqFt
BELOW MARKET FORECLOSURE WITH PRICE APPROVED AS AN ASSIGNMENT OF BANK CONTRACT AND SOLD AS IS. THIS 1BR 1 BATH 2 LEVEL CONDO AFFORDS PRIVATE 2ND LEVEL BEDROOM 1ST FLOOR KITCHEN AND LIVING SPACE BEST CONDO BUY AT THE BEACH! ADD PAINT, CARPET, APPLIANCES AND GAIN IMMEDIATE EQUITY STEPS TO THE BEACH. END UNIT WITH EXTRA WINDOW BOAT SLIPS AVAILABLE FOR RENT FIRST COME FIRST SERVE BASIS CONTACT JEFF @ 717-574-4010 FOR ADDITIONAL INFO AND

 

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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.