City of Mankato rental-property owners and managers
If your rental is in the City's Housing Choice Voucher program, this page has information for participating landlords. We can discuss how the lease and occupancy fit the sale.
Mankato, MN seller help · Tenant-occupied property
You're done — no turnover, no repairs, no more bad tenants.
That's the landlord exit after you sell the property to us. Yes, we buy houses as-is in Mankato, Minnesota, and Blue Earth, Le Sueur, and Nicollet Counties, including rentals with tenants in place. In an ordinary sale, the lease transfers to the buyer; selling does not by itself require the tenant to move.
Call 888-274-5006 or use the form. You do not have to resolve the tenancy before calling.
Share the address and what you know about the lease, occupancy, access, repairs, notices, and timing.
Tell us about the property, who lives there, and what is happening with the lease.
We buy houses as-is, in any condition — no repairs, no cleaning, no cleanout required to sell to us.
You don't always need to evict to sell to us. We buy houses with tenants in place — we've done it many times, including cash-for-keys when that works better for everyone.
Tell us what is happening with the lease, rent, access, repairs, or timing. You can call 888-274-5006 and start with what you know; you do not need to have every document or answer ready.
We discuss the property, who lives there, the lease and rent, access, any notices already involved, repairs, and the timing you have in mind.
We'll give you a written cash offer within 24 hours.
We give you the written offer and terms before you decide to commit. If you choose to sell to us, we close through a title company.
When you sell to us, we pay the closing costs, including Minnesota deed tax and applicable Hennepin or Ramsey County Environmental Response Fund tax. Your mortgage balance, liens, back taxes, and share of current property taxes remain separate.
The written terms and closing file should reflect the occupancy plan and the deposit information. You can review the documents before you decide whether to commit.
If your rental is in the City's Housing Choice Voucher program, this page has information for participating landlords. We can discuss how the lease and occupancy fit the sale.
In an ordinary sale, the existing lease transfers to the buyer, who becomes the landlord. The Minnesota Attorney General explains what happens when a rental building is sold. Selling does not by itself require the tenant to move; the lease and applicable notice rules still govern the tenancy. We can discuss the current occupancy as part of the offer.
For a tenancy at will, Minnesota requires written notice. A sale itself is not notice to end the tenancy or an order requiring the tenant to move; ending a tenancy still depends on the lease and applicable notice rules.
The previous landlord generally has 60 days after ownership changes to transfer the deposit, including required interest, to the new owner with notice to the tenant, or return it. The deadline may be sooner if the new owner's deadline to account for the deposit comes first. We can discuss the deposit and its handoff as part of the sale.
Yes. We buy houses with tenants in place. In an ordinary sale, the existing lease transfers to the buyer, who becomes the landlord; selling does not by itself require the tenant to move.
No. A sale does not by itself end the lease or set a move-out date. Whether a tenancy ends depends on the lease and applicable notice rules. For a tenancy at will, Minnesota requires written notice.
The previous landlord generally has 60 days after ownership changes to transfer the deposit, including required interest, to the new owner with notice to the tenant, or return it. The deadline may be sooner if the new owner’s deadline to account for the deposit comes first.
A sale itself is not notice to end a tenancy or an order requiring the tenant to move. We can discuss the occupancy and any notices already in play as part of the property conversation.
Call 888-274-5006 and tell us about the Mankato property, lease, access, or repairs.