Each buyer sets their own offer based on the condition, location, and current market in your area. The offer will typically be below full market value, but you’re not paying commissions, typical closing costs are covered, and you don’t need to make repairs. Maryland’s active investor market, especially in Baltimore, often means there’s steady buyer demand, particularly for properties that need work.
Sell my house fast in Maryland
We’ll match you with a cash home buyer who can close on your schedule, no repairs required.
We buy houses in Maryland
Whether you’re in Baltimore, the DC suburbs, or the Eastern Shore, the process with SellMyHouse.co is the same.
STEP 01
Request your cash offer
Send us the basics about your Maryland property through a short form.
STEP 02
Schedule a property visit
A cash home buyer arranges a convenient time to view the home.
STEP 03
Review your offer
Review the offer at your own pace and ask anything you like.
STEP 04
Close on your schedule
Lock in a closing date on your terms and get paid.
Why sell your Maryland house with SellMyHouse.co
A strong statewide market doesn’t mean your specific property will sell fast or for what you need. Here’s what’s different when you sell to a cash home buyer:
- No repairs are required. Cash home buyers in our network purchase houses in almost any condition. You don’t have to spend money getting the property ready before you get an offer.
- No agent commission. There’s no listing agent taking a commission, just a buyer’s offer and your decision to accept it.
- Typical closing costs covered. In most cases, the buyer covers the closing costs that would normally come out of your pocket on a traditional sale.
- Close on your schedule. Whether you need to move fast or want more time to plan your next step, the closing date is yours to choose.
What Maryland sellers need to know
Maryland homeowners selling an inherited property often have title and estate questions to sort out before they’re ready to sell.
Residential property disclosure/disclaimer statement
Maryland law (MD Code, Real Property §10-702) requires sellers to provide a Residential Property Disclosure/Disclaimer Statement before the buyer is bound by a contract. You can choose full disclosure of known issues or a “disclaimer” that acknowledges you’re selling as is with no representations about the property’s condition. Cash home buyers typically prefer the disclaimer option, which removes repair negotiations that can slow down or derail a sale with a financed buyer.
Real estate transfer and recordation taxes
Maryland charges a state transfer tax of 0.5% of the purchase price, typically split between buyer and seller at 0.25% each. Counties also collect a recordation tax that varies by jurisdiction. On a $556,000 sale, the combined state and local amounts can add up to several thousand dollars depending on where the property is located. A title company will confirm the exact figures for your county at closing.
Court-supervised foreclosure process
Maryland foreclosures go through a court-supervised process that typically takes 6 to 18 months from the first missed payment to a completed sale. A lender must provide notice, allow time to cure the default, and file with the court before a sale can proceed. Selling your house before the process completes lets you pay off what you owe from the sale proceeds and stop the foreclosure before it reaches that point.
Homestead exemption
Maryland’s homestead protection works differently than in most states. Within bankruptcy, it currently protects up to $31,575 of home equity. Outside of bankruptcy, Maryland’s general property exemption is much smaller, just $6,000. Either way, it doesn’t stop your mortgage lender from foreclosing, and it doesn’t cover property tax liens or mechanic’s liens. A separate Homestead Property Tax Credit limits how much your assessed value can increase year to year. That’s a tax benefit, not a creditor protection, and it doesn’t carry over when you sell.
Frequently asked questions
The state takes half a percent, split evenly between the two parties in the deal. On top of that, each county adds its own recordation tax at its own rate, so the total varies depending on exactly where the property sits. Your title company will have the precise number for your specific closing.
Courts oversee the entire thing. A lender has to give notice, wait out a cure period, and get the case in front of a judge before a sale can happen, a timeline that commonly runs 6 to 18 months from that first missed payment. Getting ahead of a completed sale is what lets you pay off the balance and move forward.
Instead of listing out every known issue, a seller can choose the disclaimer route, formally stating the home is being sold as is with no promises about its condition. Cash buyers tend to prefer this, since it sidesteps the back-and-forth over repairs that often slows down a financed sale after inspection.
No repairs are required. Cash home buyers in our network buy houses in almost any condition, so you don’t have to spend money getting the property ready before you get an offer.
You can close on your schedule, quickly or with more time to plan, whichever fits your situation. Many cash sales close faster than a traditional Maryland listing because there’s no financing contingency to wait on.