5 Top We Buy Houses for Cash Companies in New Hampshire
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Richard Haddad Executive EditorClose
Richard Haddad Executive EditorRichard Haddad is the executive editor of HomeLight.com. He works with an experienced content team that oversees the company’s blog featuring in-depth articles about the home buying and selling process, homeownership news, home care and design tips, and related real estate trends. Previously, he served as an editor and content producer for World Company, Gannett, and Western News & Info, where he also served as news director and director of internet operations.
Looking to sell your New Hampshire home fast for cash? We Buy Houses companies in New Hampshire specialize in buying homes in all conditions, regardless of whether they need repairs or not.
If you’re faced with an unexpected twist in your life journey or lack the time, expertise, or resources for home repairs, these companies can quickly give you access to proceeds and let you move on.
However, as with any significant decision, there are pros and cons to consider. In this guide, we’ll explain the process and provide an overview of Cash-For-Homes companies in New Hampshire, helping you weigh your options with clarity.
Need to Sell Your House Fast in New Hampshire?
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Disclaimer: This post is for educational purposes only and does not constitute legal or financial advice. Links and mentions of New Hampshire “We Buy Houses” companies should not be considered endorsements.
Working with house-buying companies in New Hampshire
When a quick home sale becomes a necessity, We Buy Houses companies offer a streamlined solution. For homeowners like you, understanding the process can help determine if these companies are right for your situation. Here are the basic steps of working with a house-buying company in New Hampshire:
- Research reputable companies: Before jumping in, do your homework. Check reviews and past transactions to ensure you’re dealing with a trustworthy company.
- Request an offer: Submit details about your home. Some companies will present a preliminary cash offer right after your first contact, pending a home assessment.
- Schedule a home visit: Most companies will conduct a quick onsite assessment to verify the condition and details of your home.
- Review the offer: Once the company evaluates your home, they’ll present you with a final, no-obligation offer.
- Accept or decline: While there’s usually little room for negotiation, you’re free to accept or decline the offer based on your needs.
- Close the deal: If you accept, you’ll proceed to a streamlined closing process, and, soon after, receive your cash.
Popular We Buy Houses for Cash companies in New Hampshire
If the process of selling to a house-buying company in New Hampshire sounds good to you, it’s time to find a legitimate operation you can trust.
We’ve compiled some of the top companies that will pay cash for your colonial-style home or your parents’ split-level ranch. By selling to one of these companies, you should be able to sell your New Hampshire home in as little as a week or two.
NH Home Buyers, LLC
NH Home Buyers is a family-owned business that has bought and flipped homes in the area since 2017. It’s based out of Windham, New Hampshire, which means it’s a local company that knows the Granite State market well. It touts a simple four-step process to get your home sold fast and at a competitive price in as little as seven days. The company strives to provide a cash offer within 24 hours and close within a week or on your own schedule. In some cases, they can provide payment on the same day, according to the company’s website.
Like most other companies, NH Home Buyers buys homes in as-is condition, so there’s no need to complete any repairs or upgrades before you sell.
Locations: NH Home Buyers services Hillsborough County, Rockingham County, and other parts of Southern New Hampshire.
Closing costs: NH Home Buyers won’t charge any commission or appraisal fees but may charge for other closing costs, depending on the transaction.
NH Home Buyers has been BBB accredited since February 2019 with an A+ rating. The company has 4.6 stars on Google Reviews. Customers speak to a “straightforward” process without any hassle. They mention that the owners were respectful and “professional” and provided a flexible schedule to complete the sale. Other reviews state the company was very detailed and “willing to assist” throughout the entire process.
Website: nhhomebuyers.net
Phone number: 603-421-6868
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in New Hampshire (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 New Hampshire.
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 all areas of New Hampshire.
Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. Individual investor fees may vary.
Simple Sale is a HomeLight platform. HomeLight was founded in 2012 and is BBB accredited with an A+ rating. The company has 4.8 stars on Google based on hundreds of reviews. Below, you can hear about how Baohan Wu, a seller who used Simple Sale to sell his high-rise apartment, closed within three and a half weeks and what he thought of the process overall.
Learn more: homelight.com/simple
Phone number: 844-488-8455
Ocean City Development
Ocean City Development is a New England-based company that has been buying and developing homes since 2008. It is a family-owned business run out of Massachusetts that has purchased over 1,200 homes in the region. It emphasizes the fact that they “service, work, and live in the communities that we serve.”
A representative will inspect your New Hampshire property either in person or virtually and, once you agree to the terms, will schedule a closing date that works for your schedule. Typically, the process takes between two and four weeks, according to Ocean City Development’s website.
Locations: Ocean City Development services more than 15 locations in Southern New Hampshire. A full list can be found on the company website.
Closing costs: Sellers pay no closing costs; Ocean City Development covers them.
Ocean City Development has been BBB accredited since September 2017 and holds an A+ rating. It currently has a customer rating of 4.86 on BBB and 5.0 stars on Google. Customer reviews speak to the team’s patience as sellers learned the process and decided the best steps for their families. They expressed that Ocean City Development had “competitive” offers and a professional staff that helped ease the stress of selling a home. A few complaints centered on receiving constant flyers in the mail, but overall, reviewers said the company was honest, and the process was “easy” and “stress-free.”
Website: ocbuyshouses.com
Phone number: 781-88-OFFER
New England Home Buyers
New England Home Buyers is a regional home-buying company that works throughout Northern New England. The company boasts more than a decade of experience buying local homes. The company specializes in helping sellers in a hurry as it provides a cash offer on the spot after a home assessment. It can close within seven days or on a timeline that works for you. In certain situations, you may even be able to get your cash within 48 hours.
According to New England Home Buyers, it will find your “after-repair value” and subtract the estimated cost of repairs and selling costs.
Locations: New Hampshire, Massachusetts, and Maine.
Closing costs: Sellers pay no closing costs; New England Home Buyers cover them.
New England Home Buyers has been BBB accredited since July 2020 and holds an A+ rating. It currently has a 5-star rating on Google. Customers mainly speak to how “knowledgeable” and attentive the company was during the home sale process. Several reviews express that New England Home Buyers was upfront, “honest,” and “transparent” throughout the transaction, which created a “smooth” and “easy” sale.
Website: webuyhouseshere.com
Phone number: 978-228-1068
IPS Cash
IPS Cash has been buying homes in the New Hampshire region since 2016 and is completely locally owned. It holds an extensive staff that has been in the real estate industry for several decades and boats of helping “thousands of families” sell their homes.
Similar to others, the company can close on your home within a week, but it offers an occupancy agreement if you need to stay in your house longer than that. An IPS Cash sales agent will customize a plan that works for your needs and then walk you through the selling and closing process.
Locations: IPS Cash services New Hampshire, Massachusetts, Maine, and Vermont. Three of its four offices are located in the Granite State.
Closing costs: Sellers pay no closing costs; IPS Cash builds all fees and costs into your final offer.
While not yet accredited, IPS Cash holds an A+ BBB rating. It has a 5.0 Google rating and is recommended by 98% of its Facebook reviewers. Customer reviews speak to a professional and “supportive” team that is “flexible” and communicates well. They express that IPS Cash is straightforward and “accommodating,” especially in sales where renters and tenants are involved.
Website: ipscash.com
Phone number: 888-893-7188
Why sell your New Hampshire house for cash?
There are plenty of valid reasons a Granite State 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 New Hampshire, it typically takes around 63 days to sell a home on the market using an agent. That includes an average of 20 days on the market, plus the typical 43 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 New Hampshire, and it’s clear why these Cash-For-Homes groups are an attractive option, even though they don’t always offer top dollar for the homes they purchase.
Let’s take a quick look at some of the most common reasons home sellers in New Hampshire might choose this approach over the conventional method:
- Immediate financial needs: Whether due to medical emergencies, unexpected debts, or personal predicaments, sometimes you might need to quickly turn your property into cash.
- Significant home repairs: New Hampshire houses can face unique issues, from historical home complications to weather-induced damages, making traditional selling challenging.
- Relocation on the horizon: Be it job transfers, academic pursuits, divorce, or familial obligations, when you need to move ASAP, time becomes a luxury.
- Avoiding sale hassles: The thought of home staging, hosting showings, and dealing with fickle buyers might be too overwhelming for some.
- Inherited property complications: Inheriting a property can be bittersweet. Sometimes, the most straightforward way to manage this inheritance is to sell it without delay.
- Landlord dilemmas: Managing rentals isn’t for everyone. Unruly tenants or the sheer responsibility might have you seeking a swift exit.
- Privacy prioritized: Selling discreetly without the prying eyes of neighbors or the public might be your preference.
- Foreclosure looming: If mortgage payments become untenable, selling the house for cash can help salvage your financial situation and credit reputation.
For New Hampshire homeowners facing one of these scenarios, the allure of Cash-For-Home companies is undeniable. Yet, is this the optimal solution for your unique situation? To discern that, we need to review the advantages and drawbacks and explore two other possible options.
Pros and cons of house-buying companies in New Hampshire
Navigating the housing market in New Hampshire can be complex, making the simplified approach of house-buying companies appealing to many. However, understanding the pros and cons is crucial to determining the best course of action for your unique situation.
The benefits
Selling your home to a house-buying company in New Hampshire can feel like a breath of fresh air, especially with the promise of swift transactions and zero fuss over repairs. Here’s a snapshot of the advantages:
- Speedy sale: Transactions with house-buying companies are typically fast, often closing within days or weeks.
- No repairs needed: You can sell your home as-is, without the hassle and expense of home preparations or improvements.
- Bypass traditional hurdles: Avoid lengthy property listings, open houses, and prolonged negotiations.
- Cash in hand: Secure an all-cash offer, eliminating concerns about buyer financing falling through.
The drawbacks
While the process is fast and straightforward, there are significant trade-offs. One prominent concern for many is the likelihood of a reduced sale price. Let’s look at some of the disadvantages:
- Below market value: Often, offers from these companies can be significantly below what you might get on the open market with a seasoned real estate agent.
- Less personal touch: The process can feel transactional and may lack the personal attention and guidance you’d get from an agent.
- No negotiation: Offers are generally take-it-or-leave-it, leaving little room for price discussions. Unlike a traditional sale, there’s no chance of a bidding war that can increase the offer price.
- Potential for scams or pressure tactics: As with any industry, there’s a risk of running into scammers or less scrupulous operators looking to take advantage of your urgent situation. Due diligence is essential.
Curious What Your Home Is Worth?
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Vet cash buyers and know your home’s worth
While house-buying companies in New Hampshire can offer a swift and hassle-free route to sell your home, it’s imperative to remember that not all cash buyers are created equal. The quality of service and integrity you experience will hinge largely on the character of the individual or group behind the offer.
Before you nod in agreement to any cash proposal, it’s prudent to vet the company thoroughly. Dive deep into reviews, sift through testimonials, and evaluate their market presence and track record. Moreover, never underestimate the power of fine print. As you inch closer to sealing the deal, meticulously peruse the buying agreement.
HomeLight suggests you consult with a top New Hampshire agent to get a better idea of what your home might be worth if sold on the open market. Then, compare cash offers to what a seasoned agent might be able to get for your home. HomeLight can connect you with a top agent in your market.
You can also use HomeLight’s free Home Value Estimator right now to get an initial ballpark estimate in less than two minutes.
Other options to sell your New Hampshire home quickly
iBuyers
Another player in the Cash-For-Homes sector, iBuyers, or instant buyers, combine the convenience of quick sales with algorithm-based valuation models. They determine home values using automated valuation models (AVMs) for a mostly online sale experience. Present in New Hampshire since the mid-2010s, they offer near-market value prices (often around 85%-95%), targeting homes in good condition.
Notably, major iBuyers like Opendoor and Offerpad charge service fees between 5%-6%. iBuyers best suit homeowners with well-maintained properties in uniform housing areas.
Listing with an agent
While this might seem counterintuitive in a Cash-For-Homes discussion, listing with a top real estate agent can expedite sales in seller-friendly markets, especially if well-priced and marketed. These listings usually fetch the best prices. According to HomeLight data, the top 5% of agents can sell homes for up to 10% more.
They also provide invaluable insights via a comparative market analysis (CMA), a report that helps determine your home’s value and potential selling speed. Many agents will offer a CMA for free.
A well-connected local agent might even link you to cash offers near your home’s market value. If intrigued by the agent route, HomeLight can help find a leading agent in your New Hampshire market.
FAQs on New Hampshire house-buying companies
By and large, most We Buy Houses for Cash companies in New Hampshire are legitimate businesses. Their services and transaction fees may differ, but the business model has been around for decades. If you use an established group with a track record, you can be fairly confident that it’s legit.
That said, as with any financial transaction, it’s a good idea to be on the alert for scams. Always research companies before you sign a contract. Check customer reviews, look at their online presence, verify professional licenses, get a referral if possible, and vet the company on the Better Business Bureau website. Watch for anything that just doesn’t seem right.
As described in our pros and cons list above, most New Hampshire We Buy Houses for Cash companies apply the 70% rule, meaning they’ll offer you about 70% of your home’s after-repair value, minus their estimated repair costs.
Here’s an example of what a simplified formula might look like:
(Your home’s ARV x .70) – repair costs
To see how this might work in a real-world scenario, let’s take a look at an example offer equation. Let’s say your New Hampshire colonial could sell for $530,000 after repairs, but it’s going to need $30,000 of work to get there.
($530,000 x .70) – $30,000 = $341,000
In this example, a New Hampshire We Buy Houses company might offer you around $341,000 for your home.
However, different types of house-buying companies will offer varying amounts for homes. As mentioned previously, iBuyers tend to pay more than We Buy Houses companies because iBuyers look for homes in better condition. An iBuyer might pay you 85%-95% or more of market value while charging a fee for their services.
When you accept an offer from a New Hampshire We Buy Houses for Cash company, you will likely be coming to grips with a two-edged sword. On the one side, it shouldn’t cost you any additional money because these companies make an offer and handle almost everything once the offer is accepted. On the other side, you’ll likely get less money overall for your home.
Because We Buy Houses for Cash companies tend to focus on distressed homes, they typically have zero fees. Many will even cover your closing costs. In most cases, this means that the cash offer you receive is going to be the price you walk away with at the end of the deal. Of course, it’s always a good idea to flat-out ask the company if there are any hidden program fees that might impact your bottom line.
- Research and vet the house-buying companies that serve your New Hampshire area. Our list above is a good place to start.
- Submit offer requests to a few of the companies you like best.
- Schedule any required on-site property visits.
- Compare offers. Weigh the pros and cons and choose the best option for you.
- Close the sale in a week to 30 days and get paid. (Some companies will let you choose a closing date up to 90 days after accepting the offer, which can be helpful when planning a move.)
We Buy Houses for Cash in New Hampshire vs. top New Hampshire agent
Another helpful exercise is to compare how a We Buy Houses for Cash company might stack up against working with a real estate agent. Let’s take a 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 NH | Sell with a top Realtor in NH |
| Selling timeline | 7 to 30 days | 63 days average; 20 to attract an offer, 43 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 home |
| 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 | 3%-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 New Hampshire is currently worth about $505,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $530,000.
| Sell to a We Buy Houses for Cash company in NH | Sell with a top Realtor in NH | |
| Estimated sale price | ($530,000 x .70) – $25,000 = $346,000 | $505,000 |
| Market preparations | 0 | $5,050 (1% of sale price) |
| Agent commissions | 0 | $15,150 (3%* of sale price) |
| Closing costs | 0 | $7,575 (1.5%) |
| Estimated take-home for seller | $346,000 | $477,225 |
As this example illustrates, financially, it’s usually in your best interest to partner with an experienced real estate agent.
Agent commission changes
*On March 15, 2024, the National Association of Realtors (NAR) announced a landmark lawsuit settlement that will change the way real estate agent commissions are handled in the future. These changes will “decouple” seller and buyer agent compensation. Industry experts predict that this decoupling will likely lower agent fees and give buyers the ability to negotiate commission amounts directly. Learn more.
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
- Speedy sales: House-buying companies in New Hampshire provide a quick selling option, often completing transactions within days or weeks.
- No repairs needed: These companies typically buy homes in any condition, eliminating the need for costly and time-consuming repairs or renovations.
- Below market value: Expect offers to be below the market value compared to traditional selling methods.
- Vet your buyer: Ensure you’re dealing with reputable companies by checking reviews and testimonials.
- Other options exist: iBuyers and traditional agents offer alternative selling routes, each with its benefits.
- Know your home’s worth: Understand the value of your home to ensure you’re making an informed decision, regardless of the selling route chosen.
In conclusion, if you’re thinking of working with a We Buy Houses company in New Hampshire, it’s prudent to gather multiple offers and carefully weigh your options.
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 New Hampshire agent.
Header Image Source: (sepavone / Depositphotos)
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