Top We Buy Houses companies in Maine | Should I sell to a We Buy Houses company? | How much do they pay? | Alternatives | FAQs
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We Buy Houses companies in Maine are businesses or networks of investors that buy properties for cash. Because you don’t have to list your home on the market or wait for a buyer to obtain financing, this can be a way to sell your house fast or sell a home that’s hard to sell traditionally.
The tradeoff for this convenience is usually a lower price than you might get in a traditional sale. Cash buyers intend to resell homes for a profit, so they can’t pay as much as someone who intends to live in the home. Because of this, most Maine home sellers could get more money by finding a traditional buyer.
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 cash offers from top Maine buyers now!
Quick view: Top 5 Maine We Buy Houses for Cash companies
|💰 Cash buyer||💸 Time to offer||🗓 Time to close|
|1. NeedToSellMyHouseFast||24 hours||Time to close varies|
|2. Finally Sold||Offer times vary||3–10 days|
|3. We Buy Ugly Houses||After home evaluation||21 days|
|4. Seacoast Property Solutions||24 hours||7 days|
|5. We Buy Houses||24–48 hours||7–14 days|
Who should sell to a Maine We Buy Houses company?
We Buy Houses for Cash companies are best for people who need to sell their house immediately, even if it means leaving a lot of money on the table.
Selling to a cash buyer may be a good option if you:
- Are facing foreclosure
- Need to sell very quickly
- Have a home in poor shape you can’t afford to fix
Before settling on a We Buy Houses for Cash in Maine company, evaluate your situation. If you’re on a tight timeline or are unable to make repairs, selling to a We Buy Houses company may be the right choice for you.
But you might be able to sell your home fast and at a better price on the open market. A good agent could help you sell the house quickly in its current condition.
If you’re unsure whether to go with a We Buy Houses for Cash company or a traditional buyer, we highly recommend meeting with a local real estate agent. For free, they’ll give you their professional opinion on your home’s value and expected selling timeline, and you can compare that 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.
Many realtors have relationships with top local cash buyers (and can help you avoid companies that only make lowball offers). Your agent can help you get cash offers from local companies that have good reputations. They can also help you understand your options to find the best way to sell your home within your timeline for as much money as possible.
Top 5 We Buy Houses companies in Maine
🥇 NeedToSellMyHouseFast: Our top pick
- (800) 234-4361
- Offer in 24 hours
- Time to close varies
NeedToSellMyHouseFast 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 them are from before 2019.
NeedToSellMyHouseFast purchases homes in Portland, Lewiston, Bangor, and other areas.
NeedToSellMyHouseFast is a nationwide network of local cash buyers that purchases homes all over the country. It buys houses in all types of situations, including distressed homes and properties facing foreclosure.
You can receive a no-obligation offer within 24 hours of contacting the company and a completed home inspection. You determine your closing timeline, and the company works with you to close the sale as quickly as possible.
Online reviews for NeedToSellMyHouseFast are mixed, though they are all from before 2019.
🥈 Finally Sold: Fastest closing
- (844) 669-7653 (NOW SOLD)
- Offer times vary
- Close in 3–10 days
Finally Sold is a nationwide cash buyer that can close in as little as three days. Sellers praise its fair offers and fast sale process.
Finally Sold buys homes in Maine throughout Augusta, Portland, South Portland, and other counties.
Finally Sold is a cash buyer that works with local real estate investors throughout the U.S., including in Bangor, Portland, Augusta, and other cities around Maine.
You can get a no-obligation cash offer as soon as you have a rep inspect your property. The company can close a sale in as little as three days — much quicker than most competitors, who generally take around 7 to 10 days to close.
Past sellers who’ve worked with the company praise its fast process and fair offers (though the majority of reviews were posted before 2020).
🥉 We Buy Ugly Houses Maine: Established brand
We Buy Ugly Houses MaineWebsite
- (877) 241-8265
- 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 within three weeks.
We Buy Ugly Houses purchases homes in and around Portland.
We Buy Ugly Houses by HomeVestors is a well-known national company that operates cash buyer franchises in states all over the U.S., including in and around Portland, Maine. You can get an offer right after a home evaluation and close a sale within three weeks.
The closing time with We Buy Ugly Houses is a little longer than the industry standard of about 7 to 10 days. But the company is well established and trusted in the industry, with an A+ rating by the Better Business Bureau and positive customer reviews, which is why it makes our top three.
As we note in our We Buy Ugly Houses review, the company makes a firm offer, so you don’t have to worry about the offer changing before you close the sale. This also means you don’t have room for negotiation — but at least you know exactly where you stand with the company so you can decide whether it’s worth your time to move forward.
4. Seacoast Property Solutions: Local expertise
Seacoast Property SolutionsWebsite
- (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 purchases homes in New Hampshire and throughout Maine.
Seacoast Property Solutions is a local real estate investment company that buys houses in Maine and New Hampshire. You can get an offer within 24 hours of contacting the company, and you can pick your closing date, as quickly as seven days after accepting the offer.
Like most We Buy Houses companies, Seacoast Property Solutions covers real estate closing costs and buys houses in as-is condition, so you won’t face surprise costs like you might with a traditional sale.
5. We Buy Houses Maine: Decades of experience
We Buy Houses MEWebsite
- (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 to 48 hours and can close as quickly as seven days.
We Buy Houses purchases properties across Maine.
We Buy Houses operates a network of cash home buyers around the country. It operates in Maine communities through We Buy Houses Maine.
We Buy Houses makes a no-obligation cash offer within one or two days after you contact the company, and it can close a sale in one to two weeks or on your preferred schedule. Past sellers mention in reviews that they appreciate the company’s fast and easy transactions — though, as we note in our We Buy Houses review, your experience may vary depending on which independently owned franchise office you work with.
Not seeing the right company for you? Check out our list of the top companies that buy houses for cash across the country!
How do We Buy Houses for Cash companies work?
We Buy Houses for Cash companies in Maine are typically owned by real estate investors. These investors look for deals, most often by searching for distressed or unwanted properties that tend to be less desirable to ordinary home buyers.
They purchase the homes by making fast, all-cash offers that allow them to buy at a discounted price. Then, they make the necessary repairs and re-sell the properties for a profit.
We Buy Houses for Cash pros and cons for Maine home sellers
|✅ Pros||❌ Cons|
|Fast, easy closing. These companies typically make an offer within 24–48 hours and close in as little as one week.||Significantly lower sale price. The biggest drawback is that you won't get what your home is actually worth on the open market.|
|No paperwork. Most reputable We Buy Houses companies will take care of all the paperwork for you.||Little room to negotiate. The offer they give you generally doesn't have much wiggle room.|
|No repairs. They'll buy your property as-is without requiring any repairs — even if your home is in poor condition.||No representation. Unlike in a traditional real estate transaction, you won't have an agent to represent your best interests.|
How much do We Buy Houses companies in Maine pay?
We Buy Houses companies and local real estate investors in Maine generally use the 70% rule: never pay more than 70% of a home’s after-repair value (ARV), minus repair costs. You can get a ballpark idea of your home’s ARV 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 $387,000. 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 $220,900.
(After repair value x 0.70) − Repair costs = Purchase price
($387,000 x 0.70) − $50,000 = $220,900
When is selling to a We Buy Houses company worth it?
Selling to a We Buy Houses company may be worth it if you need to sell your home quickly and don’t have time to make any repairs.
But most sellers will be able to sell their home for a much higher price by listing on the open market.
You need to sell your house fast
|🗓 Time to sell||💰 Median listing price|
|United States||50 days||$427,250|
When selling fast is your highest priority, working with a We Buy Houses company can be a needed solution. You’ll get an almost instant cash offer, you’ll be able to close in as little as seven days.
However, you won’t get an offer that matches what your home is truly worth.
If you don’t want to leave as much money on the table, consider working with a realtor who specialized in selling homes fast. While the average time to sell in Maine is 50 days, the right realtor could help you sell faster than average on the open market.
You’re selling a house in poor condition
Another great benefit of a cash buyer like We Buy Houses in Maine is that it will purchase homes in as-is condition. If your home is in need of extensive repairs or is structurally unsound, it may be easier to sell to a We Buy Houses company instead of finding a buyer on the open market.
That said, we recommend talking to an experienced real estate agent before accepting an offer from a We Buy Houses Maine company. In today’s market, there are buyers who are willing to purchase fixer-uppers, and you’ll almost always get more money for your home by selling on the open market.
If you’d like to get an agent’s professional opinion, our partners at Clever can connect you to a top local realtor. You’ll get a free expert home valuation to make sure you’re getting a fair price.
Better alternatives for Maine home sellers
There are two main types of alternatives to selling to a We Buy Houses company in Maine: selling to an iBuyer or listing with a traditional agent.
If you’re selling a newer home that doesn’t need extensive repairs, we recommend getting an offer from an iBuyer.
Listing with a real estate agent is the best way to sell your home for its full value — and an agent can help you compare cash offers to what your home may get on the open market.
Sell to an iBuyer
Like We Buy Houses companies, iBuyers make all-cash offers on homes. They offer the same fast closing timelines, but they typically pay much closer to market value.
But there’s a reason iBuyers pay more than traditional We Buy Houses companies. iBuyers have much stricter purchase criteria and are only available in select areas. If your home was built recently and only needs minor repairs, it may be a good candidate for an iBuyer. Otherwise, it probably won’t qualify.
If you need to sell your Maine home quickly and it’s in good shape, we recommend seeing if there are any iBuyers available in your area. Requesting a cash offer only takes a few minutes, and you can walk away with no obligation if the offer is lower than what you think your home is worth.
List with a Maine realtor who specializes in quick sales
Every seller should start their selling journey with an expert home valuation from a local real estate agent — even if you ultimately decide to sell to accept a cash offer from a We Buy Houses company or iBuyer.
Getting a home valuation is free, no-risk, and allows you to ensure that you’re making the right decision.
In the current Maine real estate market, many top agents can still sell your home quickly. They can even target individual cash buyers and investors, allowing you to sell your home as-is while still getting top dollar for your home.
FAQs about We Buy Houses companies in Maine
Are "We Buy Houses in Maine" companies legit?
A majority of cash home buyers in Maine are legitimate, but some companies take advantage of a seller in a difficult situation. It’s best to look at a company’s online reviews to double check it’s reputable. For example, reviewers of Finally Sold say that it makes reasonable offers. We Buy Ugly Houses Maine is also a decent choice because it’s larger and more established.
Who should use a We Buy Houses for Cash company in Maine?
Whether selling to a We Buy Houses for Cash company or through a traditional sale is best for you depends mostly on what you need from selling your house. Cash buyers can help you sell your home quickly or make money from a distressed property.
A Maine real estate agent can help you decide the best way to sell your home. They can give you a home valuation so you can determine whether it makes sense for you to accept an offer from a We Buy Houses company.
How much money will a We Buy Houses company pay in Maine?
A We Buy Houses in Maine company usually makes an offer that’s less than what a home would be worth on the open market. This is to ensure the company makes a profit when it resells the house. However, some sellers are willing to take lower offers because cash buyers can close fast. We Buy Houses in Maine, for example, can close in as little as seven days. To find out more, read our guide on how We Buy Houses for Cash companies work.
How can I sell my house fast 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 you contacting them and can close in as few as seven days. If you're looking to sell your house for top dollar, however, we recommend working with a top real estate agent near you. An experienced realtor can help you close quickly and likely get you a higher sale price.
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 [In-Depth Guide]: 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 in Maine” on highway billboards? 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.
More Maine home selling guides
How to Sell a House Without a Realtor in Maine: Before you decide to sell your house without a realtor, you need to know everything a realtor does that would then become your responsibility. We guide you through the process of selling on your own so you can know if it’s right for you.
Average Realtor Fees in Maine: In Maine, the seller usually covers the realtor fees for both the listing agent and the buyer’s agent. We explain why and share the averages so you can be prepared for your next home sale.
Top 3 Maine Flat Fee MLS Listing Services: If you’re considering listing with a flat fee MLS service, take a look at our top picks. You can find the right company to list with depending on what you want to prioritize.
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