Best We Buy Houses companies in Maine | Should I sell to a We Buy Houses company? | How much do they pay? | Alternatives | FAQs
We Buy Houses companies in Maine pay significantly less than fair market value for homes — sometimes as little as 50%. However, if you own a distressed property or you need cash for your home quickly, a We Buy Houses company might be your best choice.
We spent hundreds of hours researching legitimate We Buy Houses companies in Maine to find the 5 best options. Our rankings include considerations like offer time, closing time, customer reviews, and availability (nationwide, statewide, or county/citywide only).
| 💰 Cash buyer | 💸 Time to offer | 🗓 Time to close |
|---|---|---|
| NeedToSellMyHouseFast | Offer times vary | Time to close varies |
| Finally Sold | Offer times vary | 3-10 days |
| We Buy Ugly Houses | After home evaluation | 21 days |
| Seacoast Property Solutions | 24 hours | 7 days |
| We Buy Houses | 24-48 hours | 7-14 days |
Before you sign a contract with a We Buy Houses in Maine company, we strongly recommend getting multiple offers. This lets you compare your options, so you can be confident you’re getting a fair price for your house.
If you’re looking to sell your house fast for cash in Maine, Clever Offers is a great place to start. Clever Offers matches sellers like you with top local realtors, who will bring you fair offers from top cash home buyers in your area. You’ll also get a free professional home valuation, so you can compare your cash offers to what your house is worth on the open market. Get fair offers from top cash home buyers now!
Top 5 We Buy Houses Companies in Maine
Nationwide
- (800) 234-4361
- Times to offer vary
- Time to close varies
NeedToSellMyHouseFast.com is a network of cash buyers that purchases homes in all 50 states. It can make a no-obligation cash offer within 24 hours. It has mixed online reviews, however, and most of these are from before 2019.
Need To Sell My House Fast purchases homes in Portland, Lewiston, Bangor, and other areas.
Nationwide
- (844) 669-7653
- Offer times vary
- Close in 3-10 days
Finally Sold is a cash buyer that purchases houses in all 50 states. It can make a no-obligation offer as soon as a property walkthrough has been completed and can close in 10 days. Reviews about the company are largely positive, with former sellers praising the fast process and the very reasonable offers — but a majority of these reviews were from before 2020.
Finally Sold buys homes in Maine throughout Augusta, Portland, South Portland, and other counties.
Nationwide
- (866) 200-6475
- Offer after home evaluation
- Close in 21 days
We Buy Ugly Houses is a network of cash buyer franchises that has been purchasing homes throughout the U.S. since 1996. It can make a final cash offer after completing a property walkthrough and close in as few as 3 weeks.
We Buy Ugly Houses purchases homes in and around Portland.
Statewide
- (207) 209-4703
- Offer in 24 hours
- Close in 7 days
Seacoast Property Solutions buys houses in Maine and New Hampshire. The company pays sellers’ closing costs, lets sellers pick closing dates, and can make cash offers within 24 hours if the home meets its requirements. Seacoast Property Solutions has no reviews as of this writing.
Seacoast Property Solutions purchases homes in New Hampshire and throughout Maine.
Nationwide
- (877) 932-8946
- Offer in 24-48 hours
- Close in 7-14 days
We Buy Houses is a network of cash buyers that have been buying homes all over the U.S. since 1997. It can make an offer anywhere from 24–48 hours and can close as quickly as seven days. Sellers who left reviews said they were pleased with the fast and easy transactions that the company provided.
We Buy Houses purchases properties in and around Bangor and Lewiston.
Not seeing the right company for you? Find more nationwide cash buyers here!
Should I sell to a We Buy Houses company in Maine?
It depends on your primary motivation as a seller: do you need to sell your home quickly, or are you trying to sell an unwanted home?
If speed is your primary concern, you need to take market conditions into account before you decide. If you’re worried about selling a home in poor condition, listing with the help of a real estate agent is still an option.
Selling times in Maine
| 🗓 Time to sell | 💰 Median listing price | |
|---|---|---|
| Maine | 25 days | $395,000 |
| United States | 32 days | $450,000 |
If you’re unsure whether you’d benefit from a We Buy Houses for Cash company, we highly recommend scheduling a free consultation with a local real estate agent. You can compare their professional opinion on your home’s value and expected selling timeline with what the cash buyer is offering.
Consulting a realtor is the best way to ensure that you keep the most equity in your pocket while still selling on your timeline.
Selling a home in poor condition in Maine
You might be tempted to sell your home to a We Buy Houses company in Maine if it’s full of junk, in need of extensive upgrades, or structurally unsound. This is an option, but an agent can help you deal with an unwanted property without asking you to take a massive discount on the sale price.
A real estate agent can get your home in front of multiple buyers, bring competition into the mix and give you the best chance to capitalize on the home’s fair market value.
Real estate agents can’t guarantee that your home will sell as quickly as it would if you went directly to a We Buy Houses company, but you can be almost certain that you’ll end up with more money in your pocket.
How much do We Buy House Companies in Maine pay?
We Buy Houses companies and local real estate investors generally use the 70% rule: never pay more than 70% of a home’s after-market value (AVR), minus repair costs. You can get a ballpark idea of your home’s AVR by looking at listing/sale prices of comparable homes in your neighborhood that have been renovated recently.
The median listing price of homes in Maine is $395,000. Assuming a We Buy Houses company believes that your home will be worth that after they’ve made the necessary repairs ($50,000 in this example), they would pay you around $226,500.
(After repair value x 0.70) – Repair costs = Purchase price
($395,000 x 0.70) – $50,000 = $226,500
Key Takeaway
🚨 Keep in mind, this is the best case scenario. A We Buy Houses company is likely to pay as little as possible to maximize their profits.🚨
Alternatives to We Buy Houses companies in Maine
There are alternatives to selling to a We Buy Houses company in Maine that could net you a lot more money in the end.
- Sell to an iBuyer — iBuyers pay close to fair market value for homes, and some can close in as little as ten days. They generally don’t buy distressed homes, but an iBuyer might be an option if your home only needs minor repairs.
- List with a low commission real estate agent — Companies like Clever can connect you with an agent who can work for a pre-negotiated low commission to help you sell without leaving money on the table.
Frequently Asked Questions about We Buy Houses companies in Maine
Are We Buy Houses companies in Maine legit?
A majority of We Buy Houses for Cash companies are legitimate, but there are some companies in Maine that will take advantage of a seller in a difficult situation. As such, it’s best to look at a company’s online reviews to double check they're reputable. For example, reviewers of Finally Sold said that it made reasonable offers. Companies like We Buy Ugly Houses also tend to be decent choices for most sellers because they are larger and more established.
How much money will a We Buy Houses company pay in Maine?
A We Buy Houses company will usually make an offer that’s 50% to 70% of what a home’s worth to ensure a profit when it is resold. However, some sellers are willing to take lower offers because cash buyers can close fast. Maine cash buyer Seacoast Property Solutions, for instance, can close within a week. To find out more, read through our guide on how We Buy Houses for Cash companies work.
How can I sell my home quickly in Maine?
Home sellers in Maine can work with a local cash buyer for a quick and easy sale. Seacoast Property Solutions, for example, can make an offer within a day of contacting them and close in as few as 7 days. However, those looking to make more money while still selling quickly can work with a real estate agent who has proven they can find buyers faster than average.
More We Buy Houses for Cash resources
Want to learn more about how We Buy Houses companies work and what you should watch out for as a home seller? Check out these great resources!
Companies That Buy Houses for Cash: Solution or Scam? You might be willing to sell to a We Buy Houses company if you’re in a bind, but is it worth it? Find out how these companies operate.
Are “We Buy Houses” Companies a Ripoff? Cardboard signs at the side of the road don’t seem very professional, so what’s the deal with all of these companies that advertise “We Buy Houses”? Learn how to tell the difference between a legitimate cash buyer and a scam.
How Much Will an Investor Pay for My House? Investors don’t buy houses because they love them — they buy them to make a profit. Learn more about how an investor would price your home if they were interested in buying it.
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