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Sell house fast in tax sale in Maryland

If your property went to tax sale in Maryland for non-payment of taxes and you don't have an option to redeem it yourself and you need to sell it fast so you don't loose it. Here is what you need to know.

PROPERTY TAX DUE DATES

Your property taxes are due without interest as of July 1 of each year. The taxes are overdue on the following October 1, and interest accrues after that date.

Owners of properties designated as “principal residence” may pay real property taxes in two semi-annual installments. The first installment is due by September 30 of each tax year, and the second installment (including applicable service charge) is due by December 31 of each tax year.

ACTIONS TO FORECLOSE

Six months after the tax sale (nine months for owner-occupied residences in Baltimore City), the purchaser may file a complaint in Circuit Court to foreclose all rights of the homeowner to redeem the property, provided that all notice requirements have been met. If a foreclosure action is not taken by the purchaser within two years after the sale, the certificate of sale is null and void, and the purchaser loses the right to foreclose. The longer the homeowner takes to pay off the tax lien certificate, the higher the risk of foreclosure.

The Foreclosure Process

The complaint to foreclose rights of redemption must set forth: (a) the fact of issuance of the certificate, (b) a description of the property, (c) a statement that the property has not been redeemed, (d) a request for process directed to the defendants named in the complaint; (e) a request for an order of publication directed to all interested parties, (f) a request that the court pass a final judgment foreclosing all rights of redemption of the defendants and to the property and (g) a statement of the amount necessary to redeem. The certificate of sale must be attached and made a part of the complaint.

The plaintiff in the proceeding to foreclose the right of redemption must be the holder of the certificate of sale. The defendants in the proceedings must be: (a) record title holder(s) of the property, (b) owner of the leasehold to such property, if applicable, (c) mortgage holders, (d) the trustee under any deed of trust recorded against the property, (e) the County or (f) the State of Maryland, if appropriate.

Upon the filing of the complaint, the court will issue a summons for all defendant parties named in the complaint. At the same time the summons is issued, the court will issue an order of publication directed to all defendants.

At the expiration of the time limit set in the order of publication and summons, the court shall pass its judgment in the proceedings. The judgment is final and conclusive upon the defendants. If the court finds for the plaintiff, the judgment shall vest in the plaintiff an absolute and indefeasible title in fee simple. If the property sold was subject to ground rent, the judgment shall vest a leasehold interest in the plaintiff.

The judgment of the court will direct the Collector to execute a deed in fee simple or in leasehold, as the case may be, upon payment to the Collector by the certificate holder of the balance of the purchase price, together with all taxes, interest, penalty and charges accruing subsequent to the sale. The deed is to be prepared by the holder of the certificate of sale or his/her attorney. The Collector is not ​obligated to execute the deed until the Clerk of the Court has furnished a collector with a certified copy of the judgment. If the holder of the certificate does not comply with the terms of the final judgment within 90 days, the judgment may be stricken by the court upon the motion of an interested party.

Once a judgment is granted, the plaintiff becomes liable for the payment of all taxes due after the judgment and for any surplus bid, interest and penalties on the taxes.

Any person acquiring title to property under and pursuant to the terms and provisions of this subtitle shall be entitled to issuance of a writ of possession of the property.


And when you decided that you need to sell the property in tax sale in Maryland fast contact Easy Outs Homes for a cash offer. We helped many people in your situation. We buy properties in any condition and any situations. Call us at 443-616-5486 and get a no obligation cash offer for your Maryland property at tax sale.

No information on our website is intended to constitu​te legal advice and should not be relied upon in determining your right​s and liabilities under governing law. You should either consult the State law or obtain independent legal advice on your rights and responsibilities under the law. 


Maryland Resources To Sell Any Home














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