Foreclosed Homes in Wicomico County

Judicial Foreclosure Available: Yes

Non-Judicial Foreclosure Available: Yes, with restrictions

Primary Security Instruments: Deed of Trust, Mortgage

Timeline: Typically 90 days

Right of Redemption: No

Deficiency Judgments Allowed: Yes

In Maryland, lenders may foreclose on a mortgage or deed of trust in default using either the judicial, assent to decree, or non-judicial foreclosure process.