Public Foreclosure Auction Rules - Maryland

Hi.  I am a Maryland barred attorney and practice in this area.   If you do buy at foreclosure auction, you need to wait until the sale is "ratified" or approved by the Court.  Once the sale is approved by a judge, you have full legal ownership rights.  Unlike other states, Maryland does not have a homeowner right of redemption period after sale.

Please keep in mind that in certain cases, such as if the IRS has a lien against the property, or if there is a SBA loan, there might be a lingering right of redemption held by the government.  Before bidding at any auction, you'll definitely want to verify the priority of the foreclosing lien holder.  It may be good to talk to a Maryland attorney about the process ahead of time.    

If the property you are looking to purchase is still occupied, you may need to formally evict the prior homeowners / occupants.  While this doesn't legally prevent marketing of property you own, it generally makes sense to have the house vacant & cleaned up before attempting to re-sell.