5 Top We Buy Houses for Cash Companies in Maine

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When facing an unexpected situation, many homeowners in Maine turn to ‘We Buy Houses’ companies, seeking a swift solution. These firms make all-cash offers, particularly for homes needing work, enabling you, the seller, to sidestep the hassle of repairs.

If you’re short on time, expertise, or funds for home improvements, a cash sale can be a lifeline, offering a quick route to move forward with your life plans.

In this guide, we’ll look at the pros and cons of these house-buying companies in Maine, arming you with the knowledge to make an informed decision.

Sell Your House Fast in Maine With a Cash Offer

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Disclaimer: This post is meant for educational purposes only and does not constitute legal or financial advice. Links and mentions of Maine area “We Buy Houses” companies should not be considered an endorsement.

Working with house-buying companies in Maine

Navigating house-buying companies can be straightforward when armed with the right information. We Buy Houses companies can typically close your home sale within seven days to a few weeks. In more urgent cases, a sale can close as quickly as 48-72 hours.

If you’re looking for a fast home sale without the usual hitches of the real estate market, here’s a general overview of the steps you’ll take:

  1. Research companies: Investigate house-buying companies. Look for credible reviews, company history, and any red flags.
  2. Initiate contact: Reach out to your chosen company, typically via phone or their online form, to provide details about your property.
  3. Schedule a home visit: Allow the company’s representative to inspect your property. They will assess its condition, location, and other factors influencing its value.
  4. Receive an offer: Based on their assessment, the company will give you a no-obligation, all-cash offer. Remember, this is often a take-it-or-leave-it proposition.
  5. Review and accept: If the offer aligns with your needs, you can accept. Ensure you understand all terms and conditions before proceeding.
  6. Close the deal: With your agreement, the company will manage the paperwork and typically cover closing costs. Once finalized, you’ll receive a cash offer, and the sale is complete.

Popular We Buy Houses for Cash companies in Maine

If the process of selling to a house-buying company in Maine sounds good to you, it’s time to find a legitimate operation you can trust.

We’ve compiled some top companies to pay cash for your Colonial home or your parents’ ranch style house. By selling to one of these companies, you should be able to sell your Maine home in as little as a week or two.

We Buy Houses Maine

Founded in 1998, We Buy Houses is a national homebuying network with independent franchise offices, serving over 200 markets in over 30 states. They buy single-family homes, condos, land, and other real estate types. The process includes the seller providing initial information on the property, followed by a representative viewing the home and making an offer. Once an offer is accepted, the company sets the closing date, and sellers can expect to close within 7-14 days on average. We Buy Houses also work with foreclosures, sellers behind on payments, short sales, landlord-tenant situations, and vacant properties.

Locations: Bangor and Lewiston areas

Closing costs: Sellers pay no closing costs. We Buy Houses covers them.

Simple Sale (a HomeLight platform)

Simple Sale, a solution from HomeLight, is an online platform where sellers in Maine (and across the country) can request a cash offer for their home. Simple Sale connects you to the largest network of cash buyers in the U.S. Partner investors have a wide range of investment strategies, including fix-and-flip and buy-and-hold. This enables Simple Sale to provide cash offers for a wide array of properties, even those that need some or a lot of work, in different locations throughout Maine.

With Simple Sale, you can get a no-obligation, all-cash offer in 24 hours, and sell your home in as few as 10 days, skipping the months it can take to sell the traditional way.

Locations: Nationwide, including Maine

Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. Individual investor fees may vary.

Tristate Holdings 167

Tristate Holdings 167, led by Ismael, focuses on providing expert guidance and a fair cash offer, eliminating the need for real estate agents, open houses, or uncertainties about buyer financing. They specialize in quick, all-cash home purchases, aiming to close within 30 days.

Locations: Nationwide, including Maine

Closing costs: Sellers pay no closing costs. Tristate Holdings 167 covers them.

ASAP Cash Home Buyers Maine

Established in 2013, ASAP Cash Home Buyers emerged as a response to distressed homeowners amidst a foreclosure crisis. The company attributes its success to vital collaborations with lenders, title companies, officials, and affiliates.

Locations: Nationwide, including Maine

Closing costs: Sellers pay no closing costs. ASAP Cash Home Buyers covers them.

Maine Home Solutions

Maine Home Solutions LLC focuses on enriching affordable housing through property acquisition, renovation, construction, and management state-wide. It specializes in assisting homeowners with inherited or probate properties and purchasing distressed, dilapidated, vacant, or problematic houses.

Locations: Nationwide, including Maine

Closing costs: Sellers pay no closing costs. Maine Home Solutions covers them.

Why sell your Maine house for cash?

There are plenty of valid reasons a Maine home seller may choose to work with a Cash-For-Homes company. Leading the list are the benefits of speed, certainty, and remarkable convenience.

In Maine, it typically takes around 73 days to sell a home on the market using an agent. That includes an average of 29 days on the market, plus the typical 44 days a buyer needs to close on a purchase loan.

Compare that to the typical seven to 10 days promised by many house-buying companies in Maine, and it’s clear why this is an attractive option, even though these groups don’t always offer top-dollar for the homes they purchase.

Below are some common scenarios where contacting a We Buy Houses for Cash company might be the correct move.

  • Immediate relocation: If you’re moving on short notice due to a new job or military orders, a quick cash sale can simplify your transition.
  • Divorce settlement: Selling a shared home quickly may be necessary to settle assets during a divorce.
  • Financial distress: When facing mounting debts or potential foreclosure, a fast cash sale can help regain financial stability.
  • Inheritance management: Inheriting a home can come with financial and emotional burdens; We Buy Houses companies offer a straightforward resolution.
  • Disrepair and damage: If your home requires extensive repairs you cannot afford or manage, selling for cash is a practical option.
  • Landlord fatigue: Tired of dealing with tenants and maintenance? Cash buyers provide a way out of your landlord’s duties.
  • Health concerns: If health issues necessitate a move to assisted living or downsizing, a quick cash sale can ease the process.
  • Retirement: Major life changes, such as retirement or downsizing, can prompt the need for a speedy home sale.

If these situations resonate with you, a Maine house-buying company may present a viable solution. However, it’s essential to start with a broad perspective.

Pros and cons of house-buying companies in Maine

Choosing a house-buying company offers a distinct set of advantages and disadvantages. Before deciding, consider these key points.


These entities offer a streamlined path to selling your home, which is especially beneficial if you’re in a pinch for time or facing substantial repair needs.

  • Fast closing: Expect to close your home sale within days or weeks, not months.
  • As-is purchase: There’s no need to invest in repairs or upgrades; companies will buy your house in its current condition.
  • No listing hassles: Forget about staging, listing, or showing your home to multiple prospective buyers.
  • Simplicity: The process is straightforward, often involving a single point of contact and minimal paperwork.


However, the speed and ease these companies offer come at a price. Understanding the potential drawbacks is crucial for making a well-informed decision.

  • Lower offers: These companies will generally offer less than the market value of your home, reflecting their risk and convenience.
  • No negotiations: The initial offer is typically final, leaving no room for bargaining on the price.
  • Potential for scams: It’s important to vet the company thoroughly to avoid falling prey to fraudulent schemes.
  • Limited market exposure: Selling directly to one buyer means missing out on the possibility of a higher offer from the open market.

As you consider these points, prepare to take the next step: vetting cash buyers and understanding your home’s true worth in Maine’s real estate market.

Curious What Your Home Is Worth?

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Vet cash buyers and know your home’s worth

When you decide to work with a We Buy Houses for Cash company, it’s important to remember that your experience will vary depending on who is behind the offer.

Before you commit to any cash offer, take the time to vet the company thoroughly through sites like the Better Business Bureau. Check online reviews, read through testimonials, and assess their market presence and track record in your area.

HomeLight suggests you consult with an experienced Maine agent to get a better idea of what your home might be worth if sold on the open market. Then compare your cash offer. HomeLight can connect you with a top-performing agent in your market. You can also use HomeLight’s Home Value Estimator for an initial ballpark estimate in less than two minutes.

Other options to sell your home quickly


For a swift home sale, consider iBuyers, which uses automated tools to offer near-instant home valuations and can close quickly, often with service fees. These are ideal for homogenous areas and well-kept homes.

However, it’s important to remember that iBuyers like Opendoor and Offerpad often charge service fees of 5%-6%. They suit sellers who live in regions with homogeneous housing, and whose properties are in relatively good condition.

Listing with an agent

Alternatively, listing with a top real estate agent might yield a higher sale price, especially with a well-priced and well-marketed property. Agents can also provide valuable comparative market analyses (CMAs) to help set competitive pricing and may have connections to cash buyers offering fair market value. Many agents will offer a CMA for free. HomeLight can assist in connecting you with top agents in Maine.

FAQs on Maine house-buying companies

We Buy Houses for Cash in Maine vs. top Maine agent

Another helpful exercise compares how a We Buy Houses for Cash company might stack up against working with a real estate agent. Let’s glance at how different aspects of the sale might look, and compare possible proceeds.

Aspect of the sale Sell to a We Buy Houses for Cash company in Maine Sell with a top Realtor in Maine
Selling timeline 7 to 30 days 72 days average; 29 to attract an offer, 44 to close the loan
Home preparations None Deep clean, declutter, make necessary repairs, landscape, stage home
Showings None 10 to 25 showings average
Inspections/repairs None May need to make additional repairs for the buyer or renegotiate the price
Appraisal None May need to lower your asking price if the appraisal comes in low
Title search Cash-for-homes companies often handle title issues Must clear title before you can sell
Financing contingency None Mortgaged buyers use a financing contingency that could hold up the deal if the buyer’s loan doesn’t clear
Agent commission None 5.8% average
Closing costs None 1% to 3% of the home sale price on top of agent commission

Example net proceeds

Below, we’ve put together one example of how net proceeds may differ between selling a home to a We Buy Houses for Cash company and an agent-assisted sale.

Let’s say your home in Maine is currently worth about $390,000 and needs about $30,000 in repairs. Once the repairs are completed, the home might be worth around $420,000.

Sell to a We Buy Houses for Cash company in Maine Sell with a top Realtor in Maine
Estimated sale price ($420,000 x .70) – $30,000 = $264,000 $390,000
Market preparations 0 $3,900 (1% of sale price)
Agent commissions 0 $22,620 (5.8% of sale price)
Closing costs 0 $5,850 (1.5%)
Estimated take-home for seller $264,000 $357,630

As this example illustrates, financially, it’s usually in your best interest to partner with an experienced real estate agent.

However, net proceeds are not the only consideration when selling a home. What’s best in your situation will depend on the condition of your property, what level of repairs are needed, and your selling objectives. It could be that selling on the open market will be a challenge in your area, or the agent timeline might not fit your immediate needs.

Key takeaways

  • Fast cash option: We Buy Houses for Cash companies in Maine can offer a quick sale.
  • No repairs needed: You can sell your house as-is, without investing in any repairs or upgrades.
  • Simple process: The sale process is straightforward and can be completed quickly.
  • Below market value: Typically, these companies will offer less than what you might get on the open market.
  • Due diligence: It’s crucial to vet the buying company and understand the terms of the sale.
  • Know your market: Understanding the value of your home in the current Maine market is key.
  • Explore options: Don’t overlook the possibility of a traditional sale which could yield a higher price.

In considering a Cash-For-Homes company in Maine, take the time to collect multiple offers and carefully consider your choices.

At HomeLight, we’re happy to lend a guiding hand in navigating your real estate journey. Let us help you make an informed and confident decision, whether you’re looking for a no-obligation cash offer through a trusted platform like Simple Sale or seeking to consult with a top Maine agent.