Best We Buy Houses companies in Maryland | Should I sell to a We Buy Houses company? | How much do they pay? | Alternatives | FAQs
We Buy Houses companies in Maryland 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 Maryland 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).
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 fair offers from top cash home buyers now!
Top 5 We Buy Houses Companies in Maryland
| 💰 Cash buyer | 💸 Time to offer | 🗓 Time to close |
|---|---|---|
| Dependable Homebuyers | 24 hours | 7 days |
| Express Homebuyers | 7 minutes | 7 days |
| We Buy Ugly Houses | After home evaluation | 21 days |
| House Buyers of America | 10 minutes | 7 days |
| We Buy Houses | 24-48 hours | 7-14 days |
Nationwide
- (855) 741-4848
- Offer in 24 hours
- Close in 7 days
Dependable Homebuyers purchases all types of properties, be it empty lots or run-down houses, in 31 states. It can make an initial offer within 24 hours and can close in 7 days or even fewer. Its reviews are positive, with previous clients praising its reps for being reliable, responding quickly, and making the selling process easy — but these are all from before 2019.
Dependable Homebuyers purchases homes in Baltimore, Frederick, Prince George’s, and all other counties in Maryland.
Nationwide
- (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. Its reviews are largely positive, with previous sellers praising the quick and straightforward transactions it provides. There are a number of negative reviews, however, stating cases of predatory marketing, unresponsiveness, and excessively low offers.
Express Homebuyers purchases homes across the Baltimore, Frederick, Harford, 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 Baltimore.
Statewide
- (855) 564-9158
- Offer in 10 minutes
- Close in 7 days
House Buyers of America has been purchasing houses in Washington, D.C., Virginia, and Maryland since 2001. It can make an initial offer 30 to 60 minutes after receiving a seller’s property information and can close in as few as 7 days. It is highly rated, with reviewers praising its reps for being very accommodating and its process for being straightforward, streamlined, and fast.
House Buyers of America purchases home throughout all of Maryland.
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 across Maryland.
Not seeing the right company for you? Find more nationwide cash buyers here!
Should I sell to a We Buy Houses company in Maryland?
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 Maryland
| 🗓 Time to sell | 💰 Median listing price | |
|---|---|---|
| Maryland | 32 days | $416,000 |
| 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 Maryland
You might be tempted to sell your home to a We Buy Houses company in Maryland 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 Maryland 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 Maryland is $416,000. 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 $241,200.
(After repair value x 0.70) – Repair costs = Purchase price
($416,000 x 0.70) – $50,000 = $241,200
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 Maryland
There are alternatives to selling to a We Buy Houses company in Maryland 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 Maryland
Are We Buy Houses companies in Maryland legit?
Many cash buyers in Maryland are legitimate, but there are a few that will take advantage of a seller in a difficult situation. That’s why 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 also tend to have well-established reputations.
How much money will a We Buy Houses company pay in Maryland?
We Buy Houses for Cash companies typically won't pay more than 70% of a home’s after repair value 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 7 days. Read through our guide on how We Buy Houses for Cash companies work to learn more.
How can I sell my house quickly 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 7 days. But if you don't want to miss out on higher offers, an experienced real estate agent can 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: 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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