Selling a home fast can feel overwhelming, but cash homebuyers in Minnesota can make it possible, simplifying the process by providing instant offers. Whether you’re relocating for a job, downsizing, or simply need to sell fast, a cash buyer can provide a hassle-free solution.
Sell Your Minnesota House Fast With an All-Cash Offer
Get an all-cash, no-obligation offer on your Minnesota home through HomeLight’s Simple Sale platform whenever you’re ready. Receive your offer in 24 hours and close in as few as 7 days. No showings, no repairs, no open houses.
Minnesota attracts investors and cash homebuyers because of its strong and stable economy, with major industries like healthcare, manufacturing, and technology driving steady job growth. The state also offers affordable housing compared with coastal markets, giving investors the opportunity to purchase properties with good value and potential for appreciation.
Moreover, cities like Minneapolis and St. Paul have vibrant rental markets, making it easier for cash buyers to generate consistent rental income. In fact, 25.5% of homes in Minnesota were purchased entirely with cash during the first half of 2025.
In this article, we will break down how the process of selling your home for cash works, giving you tips and tricks, along with some alternatives to consider if you need to find a cash home buyer fast.
How to find cash home buyers in Minnesota
Choosing to work with cash buyers can streamline your home sale. Without waiting on bank approvals, you can secure a quick closing and skip much of the usual stress. It’s a practical solution for sellers who value speed and certainty.
Here are a few ways you can seek out trusted cash home buyers in Minnesota who may be willing to make a fair offer on your property:
Work with a reputable local real estate agent
Even with a cash sale, the expertise of a real estate agent can be helpful. These professionals often have established connections to cash buyers who are actively looking for properties, saving you time and effort in finding potential buyers.
Working with an agent-recommended buyer provides an extra layer of trust, reducing the risks associated with cash sales. Moreover, agents can guide you through the process, ensuring that all legal and financial aspects are handled correctly.
If you don’t have an agent yet, HomeLight can connect you with top agents in Minnesota. While real estate commissions may apply, the benefits of professional expertise can easily outweigh the costs.
Focus on investors rather than owner-occupiers
Minnesota attracts a significant number of institutional buyers, such as limited liability companies and corporations that purchase homes for cash. You can reach serious cash buyers by listing your property on real estate investment websites or by attending local investing events to connect directly with interested buyers.
Another option is to search online for “We Buy Houses for Cash” companies in Minnesota. Exploring multiple avenues can help you find reliable homebuyers and sell more confidently.
Do your due diligence
Before working with cash-for-homes companies, it’s important to verify their legitimacy by checking their profiles on the Better Business Bureau (BBB). Make sure the company has a proven track record and valid licenses.
Read reviews on platforms like Google, Yelp, Facebook, and Trustpilot to understand other homeowners’ experiences and avoid scams and fraudulent buyers. You can also ask past customers to know more about the company’s services.
Ask for proof of funds before signing an offer
Verify the cash buyer’s financial ability by requesting proof of funds, which shows they have the means to purchase your home. If a buyer refuses to provide this, it’s a serious warning sign, and you may want to work with a more reliable and transparent company instead.
Inside the Minnesota cash home buyers market
Those who buy homes with cash come from different backgrounds, often drawn by the speed and simplicity of a cash sale. This group includes investors, house flippers, and buyers simply looking for a hassle-free purchase.
Knowing who these cash buyers are can make it easier to find the right buyer and close your sale quickly. Here’s a quick look at some of the other buyers who may purchase your home:
New residents
In 2024, Minnesota welcomed nearly 130,000 new residents, with over 100,000 moving from other states. Many of these newcomers have cash on hand from the sale of their previous homes, allowing them to purchase without a mortgage.
They are drawn to vibrant cities like Minneapolis and St. Paul, as well as the state’s scenic natural landscapes. For sellers, highlighting your property’s proximity to top schools and employment centers can make it especially appealing to these cash buyers.
Baby Boomers
Baby Boomers represent a significant portion of the cash home-buying market. With years of built-up equity and savings, many choose to purchase homes outright without taking on a mortgage. According to recent data from the National Association of Realtors (NAR), about half of older Boomers and two out of five younger Boomers are buying homes entirely with cash.
If your Minnesota house has features like a first-floor primary suite, low-maintenance outdoor space, or wide doorways and hallways, highlight them in the listing description to capture the attention of these buyers.
Property investors
Minnesota’s steady housing market and solid investment potential have attracted a large number of real estate investors. This group includes everyone from institutional buyers and iBuyers to house flippers, wholesale operators, and those focused on long-term rentals.
Investors often buy properties in as-is condition and can close quickly, which appeals to sellers who want to avoid the slow pace of traditional sales. Sellers can attract property investors by keeping their homes well-maintained and pricing them competitively based on recent market trends.
Pros of working with a Minnesota cash home buyer
Cash offers can be an attractive option for Minnesota homeowners seeking an efficient and streamlined sales process. Here are the main benefits:
- Quick closings: Cash transactions can significantly speed up the home-selling process, often closing within a week or two. This is ideal for homeowners who need to sell quickly due to relocation, financial needs, or other urgent situations.
- No contingencies: Cash buyers typically do not have contingencies, such as financing or home sale requirements, which can complicate and delay the sale. This makes the process smoother and reduces the risk of the deal falling through.
- As-is purchase: Most house-buying companies let homeowners sell as-is, meaning you won’t need to invest time or money in repairs or renovations. This is particularly beneficial for sellers whose properties need significant work or updating.
- Simplified process: The required documents and administrative tasks involved in a cash sale are much simpler compared to a traditional sale. This reduces the burden on the homeowner, allowing for a more straightforward transaction.
- Certainty and security: With a cash offer, there’s a higher level of certainty that the sale will go through since it doesn’t depend on the buyer securing financing.
How to request a cash offer in Minnesota
If you’re looking for an easier way to secure a cash offer for your home, HomeLight’s Simple Sale platform offers a straightforward solution. Here’s how it works and what you can expect:
- Investor community: Simple Sale connects you with the largest network of vetted and pre-approved investors in the U.S.
- Instant offer: After answering a few basic questions about your home, you’ll receive a no-obligation, all-cash offer within 24 hours.
- Fast closing: If you accept the offer, you can close the sale in as few as 7 days.
- Flexible timeline: Choose a move-out date that works for you, up to 30 days from closing.
- Convenient sale: Avoid the hassle of repairs, prep work, and endless showings.
Cash buyers usually offer less than what you might get on the open market, but selling the traditional way comes with fees and costs that can eat 9% to 10% of the sale price. Depending on your needs, a cash buyer could still save you money in the long run.
How much are Minnesota cash home buyers willing to pay?
In exchange for speed and convenience, cash home buyers typically pay less than below market value. This is often guided by the 70% rule in house flipping, which means they’ll offer 70% of the home’s after-repair value minus repair costs.
For example, if your home is worth $350,000 after repairs and needs $30,000 in repairs, a flipper might offer $215,000. The calculation works like this: ($350,000 x .70) — $30,000 = $215,000.
In July 2025, it’s reported that seller activity in the Twin Cities has increased by 4.4%, while buyer activity has risen 0.8%. The metro area’s median home price has reached a record $401,000, surpassing the $400,000 mark for the first time.
This market trend suggests that homes are in high demand, which could encourage more cash buyers to make competitive offers. Sellers may see an increase in the number of cash offers as buyers aim to secure properties quickly in a rising-price environment
During periods with high demand and low inventory (seller’s markets), cash buyers often come closer to a home’s market value. Offers in this scenario can sometimes range from 80% to 85% of the ARV of the property.
On the other hand, in a slower market, cash offers are often lower because buyers factor in potential resale challenges. Being aware of these trends can help you decide if selling for cash is the best option for your situation.
What’s the process of selling to a Minnesota cash home buyer?
If you’re looking for speed and simplicity, a cash home sale may be right for you. Here’s a breakdown of how the process generally works:
Complete the required disclosure statements
When selling your home in Minnesota, you are required to disclose specific information about the property’s condition. This includes any known defects, such as issues with the roof, foundation, plumbing, and electrical systems.
If you’re working with a Minnesota “We Buy Houses” company, they will likely prepare all the necessary documents for you, including this one. However, you can speed up the process by filling it out ahead of time.
These companies conduct their own inspections and purchase homes in any condition, so completing the disclosure statement is more of a legal obligation from their perspective.
Let the buyer run a title search on the property
The cash buyer will also verify the property’s title. This ensures you have legal ownership and checks for any liens or claims that could prevent a smooth sale. The most common reasons for title issues include boundary disputes, unknown easements, undisclosed heirs, public record errors, and forgery.
Pay any associated fees
A cash sale typically has fewer closing costs than a traditional home sale. However, sellers may still have to cover some expenses, such as transfer taxes, title insurance, escrow costs, and attorney fees.
In Minnesota, the transfer tax, sometimes called a Documentary Stamp Tax or deed tax, costs $1.65 for every $500, or 0.33% of the transaction. If you’re looking to avoid these expenses altogether, “We Buy Houses” companies will often pay closing costs for you in exchange for an offer that’s below market value.
Deciding to sell to Minnesota cash home buyers
Homeowners have a good chance of selling for cash, as Minnesota remains a popular state to invest in real estate. Whether you decide to compare buyers yourself, enlist the help of a real estate agent, or request an offer from Simple Sale, HomeLight can connect you with top professionals and valuable resources.
We’re here to help you streamline your selling experience, leveraging Minnesota’s investor-rich market to find a fast and efficient solution for your home sale needs.
Editor’s note: This blog post is for educational purposes only, not legal or tax advice. HomeLight always encourages you to reach out to your own advisor.
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