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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 $100,000 - $200,000 $200,000 - $300,000
$300,000 - $400,000 $400,000 - $500,000
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$419,900
 

11700 Coastal Hwy #702, 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.
$385,000
 

10700 Coastal Hwy #2007, OCEAN CITY

3 Beds, 2 Baths, 1,512 SqFt
THIS IS AN APPROVED SHORT SALE PRICE! 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
$360,000
 

12903 Wight St #12, OCEAN CITY

2 Beds, 2 Baths, 1,044 SqFt
Amazing Views of the Atlantic Ocean and Ocean City's Beautiful Beach! Investors look no further! This is a must see! Ocean Front 2 Bedroom 2 Bath. Great rental potential in North Ocean City! Fully Furnished and ready to go. Ocean Front Master with Balcony Access and Walk-Through Closet to the Master Bath. Split Living area for privacy. Galley style kitchen with over-sized dining area. Spacious living area.
$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
$185,000
 

63 White Horse Dr, OCEAN PINES

3 Beds, 1 Bath, 1,008 SqFt
This charming and cared for cottage style home needs a new owner! Peaceful surroundings, large driveway, spacious lot, shed for extra storage, huge screened back porch, perfect summer getaway, never rented. Very good condition, some TLC needed, It is a potential short sale and will need final lender approval before acceptance of any offers. Being sold As-Is. You don't want to miss this opportunity !
$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.

 

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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.