Top We Buy Houses companies in Maryland | 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 Maryland can be a great option if you need to sell a home quickly or a home that’s tough to sell. These cash buyers can take property off your hands in as-is condition, with no need to clean, make repairs, or even remove tenants.
The tradeoff is that a We Buy Houses company typically pays a lot less for homes than a traditional buyer. Because of this, most Maryland home sellers make more money listing on the open market.
Before you sign a contract with a We Buy Houses in Maryland 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 Maryland, 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 Maryland buyers now!
Quick view: Top 5 Maryland We Buy Houses for Cash companies
|💰 Cash buyer||💸 Time to offer||🗓 Time to close|
|1. Dependable Homebuyers||24 hours||7–10 days|
|2. Express Homebuyers||7 minutes||7 days|
|3. We Buy Ugly Houses||After home evaluation||21 days|
|4. House Buyers of America||10 minutes||7 days|
|5. We Buy Houses||24–48 hours||7–14 days|
Who should sell to a Maryland 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.
These companies can be a good option if you’re:
- Facing imminent foreclosure
- Needing to sell in a week or less
- Selling a home in poor shape and can’t afford repairs
Before committing to a We Buy Houses for Cash in Maryland company, carefully consider your situation. If you can’t afford to make repairs or you’re on a tight deadline, selling to a We Buy Houses company may be your best (or only) option.
But you might be able to sell your home quickly — and for significantly more money — on the open market. Even if you can’t afford repairs, you can still try to list with an agent and sell the home quickly as-is.
If you’re not sure whether a We Buy Houses for Cash company is right for you, we highly recommend consulting with a local real estate agent. It’s free, and you can get their professional opinion on your home’s value. This will help you determine if selling to a cash buyer is worth it.
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 Maryland
🥇 Dependable Homebuyers: Our top pick
Dependable Homebuyers MDWebsite
- (443) 266-6247
- Offer in 24 hours
- Close in 7–10 days
Dependable Homebuyers is a nationwide cash buyer based in Maryland. It can make an offer within 24 hours and close in as little as seven days, and past sellers have praised its representatives in reviews.
Dependable Homebuyers purchases homes in Baltimore, Frederick, Prince George’s, and all other counties in Maryland.
Dependable Homebuyers is a Baltimore-based company that purchases all types of properties, be it empty lots or run-down houses, in all 50 states. You can get an offer within 24 hours of calling the company, and you can close in a little as 7 to 10 days.
The company’s reviews are positive, with previous clients praising representatives for being reliable, responding quickly, and making the selling process easy — but there are just a few reviews, and they’re all from before 2019.
Dependable Homebuyers has an A+ rating with the Better Business Bureau, though the company hasn’t paid to become accredited.
🥈 Express Homebuyers: Preliminary offer in minutes
Express Homebuyers MarylandWebsite
- (877) 804-5252
- Offer in 7 minutes
- Close in 7 days
Express Homebuyers has been a nationwide cash buyer since 2003. It makes an all-cash offer after visiting a property and can close in as soon as seven days.
Express Homebuyers purchases homes across Maryland.
Express Homebuyers is a national network of cash buyers that operates in areas all over Maryland, including Baltimore, Prince George’s County, and the Eastern Shore.
As its name suggests, Express Homebuyers is one of the fastest companies to make an offer, which is why it’s in our top three. You’ll get a preliminary offer in seven minutes when you call them, which will be confirmed upon a house inspection, and you can close within a week.
Express Homebuyers is rated 4.2 out of 5 on Trustpilot and A+ by the Better Business Bureau. Sellers who left positive reviews cite the company’s empathy and transparency in addition to its fast transactions. Some home owners critiqued the company for low offers during the booming market following the COVID-19 pandemic.
» MORE: Express Homebuyers review
🥉 We Buy Ugly Houses Maryland: Established brand
We Buy Ugly Houses MarylandWebsite
- (866) 288-9505
- 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 Baltimore and across Maryland.
We Buy Ugly Houses is a cash buyer owned by the nationwide real estate investment company HomeVestors. It has offices in Baltimore and buys homes in the surrounding area of Maryland.
After you contact your local office, you’ll schedule a home evaluation with a local housing expert, and you can get a cash offer after the evaluation is complete. The company makes a firm cash offer, which means it won’t try to negotiate a different price before closing the sale.
We Buy Ugly Houses can take up to three weeks to close the sale, which is longer than most competitors, who tend to close in around one week. But this trusted brand has positive customer reviews and an A+ rating by the Better Business Bureau, which is why it still makes our top three.
» MORE: We Buy Ugly Houses review
4. House Buyers of America: Regional experience
House Buyers of AmericaWebsite
- (855) 705-5706
- Offer in 10 minutes
- Close in 7 days
House Buyers of America is a locally owned and operated cash buyer that buys homes in Washington, DC, Virginia, and Maryland.
House Buyers of America purchases homes throughout Washington, DC, and surrounding suburbs in Virginia and Maryland.
House Buyers of America has been purchasing houses since 2001 and operates in Washington, DC, Virginia, and Maryland. It’s headquartered in Chantilly, Virginia, and run by local real estate investor Nick Ron.
The company can make an initial offer in 10 minutes over the phone and can close in as little as seven days. It’s highly rated, with reviewers praising its reps for being accommodating and its process for being straightforward, streamlined, and fast.
5. We Buy Houses Maryland: Decades of experience
We Buy Houses MDWebsite
- (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.
We Buy Houses purchases properties across Maryland.
We Buy Houses is made up of a network of real estate investors and contractors around the country, including in Baltimore, Anapolis, and other cities through We Buy Houses Maryland.
We Buy Houses makes a cash offer within one or two days and can close a sale in one to two weeks. It’s not the fastest in the industry, but reviewers were pleased with the speed of transactions and the ease of working with the company, which puts it in our top five.
» MORE: We Buy Houses review
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 Maryland 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 Maryland 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 Maryland pay?
We Buy Houses companies and local real estate investors in Maryland 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 Maryland is $399,950. 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 $229,965.
(After repair value x 0.70) − Repair costs = Purchase price
($399,950 x 0.70) − $50,000 = $229,965
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|
If you’re in a pinch and need to sell quickly, a We Buy Houses company can make you an almost instant cash offer and close in as little as seven days.
The catch? You won’t get as much money as your home is worth.
Currently the average time to sell in Maryland is 43 days. If you need to sell faster than that, selling to a cash buyer isn’t your only option. You could work with a realtor who specializes in selling homes quickly. They could help you sell faster than usual on the open market — without leaving so much money on the table.
You’re selling a house in poor condition
Another great benefit of a cash buyer like We Buy Houses in Maryland 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 Maryland 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 Maryland home sellers
There are two main types of alternatives to selling to a We Buy Houses company in Maryland: 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 Maryland 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 Maryland 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 Maryland 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 Maryland
Are "We Buy Houses in Maryland" companies legit?
Many cash buyers in Maryland are legitimate, but some will take advantage of a seller in a difficult situation. It’s important to look at a company’s reviews before agreeing to sell to them. For instance, reviewers say that House Buyers of America’s reps made the process easy and transparent. Larger companies like We Buy Ugly Houses in Maryland also tend to have well-established reputations.
Who should use a We Buy Houses for Cash company in Maryland?
Whether a traditional home sale or a We Buy Houses company is the right fit for you depends on your circumstances. A cash buyer might be the best fit if you need to sell your home quickly or if it can’t fetch a good price on the open market.
A Maryland-based real estate agent can help you decide whether to accept a cash offer. They can tell you how much your home could be worth in a traditional sale and how quickly it could sell. And they might help you get a cash offer directly from a local investor so you can avoid low offers from companies with high overhead.
How much money will a We Buy Houses company pay in Maryland?
We Buy Houses in Maryland companies typically won't pay more than 70% of a home’s after repair value; this is to ensure they make a profit. Some sellers are willing to accept lower offers because cash buyers can close the deal so quickly. For example, Dependable Homebuyers can close in as few as seven days. Read through our guide on how We Buy Houses for Cash companies work to learn more.
How can I sell my house fast in Maryland?
Home sellers in Maryland can sell to a local cash buyer in a matter of days. Case in point, House Buyers of America can make an offer within 10 minutes and close in as few as seven days. But if you don't want to miss out on higher offers, an experienced real estate agent could still find you a buyer quickly.
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 Maryland” 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 Maryland home selling guides
Cost to Sell a House in Maryland: Thinking about selling a house in Maryland? We break down everything from realtor fees to closing costs so you can prepare for your home sale.
Realtor Fees in Maryland: When planning for a home sale in Maryland, it’s important to know realtor fee trends in the state. Find out the average cost of realtor fees, who pays them, and what factors cause them to go up or down.
Top 3 Maryland Flat Fee MLS Listing Services: Selling for sale by owner (FSBO) can be tough, but using a flat fee MLS listing service can make the process easier. We share what you need to know before you commit to a flat fee MLS company.
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