Foreclosure notice of default in Maryland– what is it?

live in Baltimore and get a foreclosure notice of default?

If you’ve gotten a foreclosure notice of default in Maryland and want to know what is going on, keep reading…

Basically, a foreclosure notice of default is a document that has to be filed by a lender to start the process of foreclosure.

This is sent to anyone who has an interest in the property (any other loans, lenders, or even contractors who are owed money for work done to a property will get a copy).

The foreclosure notice of default must also be published in a newspaper and physically posted in a prominent place on the property itself.

While this practice can be embarrassing when going through foreclosure, it’s actually a very important protection for property owners.


Back before US law required a notice of default, people were sometimes foreclosed on without any warning!

In fact, it’s happened even in the past few years – at least one bank has accidentally foreclosed on hundreds of properties and kicked people out of their house without due process or warning.

The notice of default is a very important step within the foreclosure process. It gives people with an interest in the property an opportunity to step forward to claim their rights – before it’s too late.

If you’ve received a notice of default, don’t wait. Time is definitely of the essence, and you should take action.

Here are 5 key steps you should take:

1) Stay calm

This may sound obvious, but it’s probably the most important. Anyone in foreclosure is dealing with a lot of stress beyond just the property. These situations don’t happen overnight, and they take a while to solve. You’ll get through it by practicing coping techniques and taking good care of yourself and your family. Panic often leads to bad decisions, so stay cool.

2) Educate yourself

Learn everything you can about the foreclosure process in Maryland so that you know what’s happening and what’s coming up next.

3) Gather resources

There are many non-profit and government resources available out there. You’ll want good legal and tax advice along the way. It is important to have the right professionals in your corner as this process is complicated with a lot of rules.

4) Learn options

At Creo Home Solutions we are here to help you avoid foreclosure. We buy houses with cash. We can help you get connected with the right professionals to assist with short sales and other options that may be available to you. There are many more options than you may realize. We consult with and can direct you to local agents and attorneys

5) Communicate

The banks involved don’t want your property. They want money, and what you say matters a lot. You can slow down or stop the foreclosure process if you take the appropriate action.

Want to know more?

Call us anytime (410) 870-9228 or connect with us on our website
and we’ll lay out all of your options for your specific situation.

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