Is Pre-foreclosure/Short Sales still an Investor Opportunity?
laws involving mortgage fraud and foreclosures in Maryland. The law protects those that are 60 days in default which is called residence in default. After being 90 days in default, the home owner is in foreclosure. The Law applies to owner occupied properties not investor properties. Be forewarned, the law even protects investors that indicate that their properties are ‘owner occupied’ properties.