Questions About Selling a House in Minneapolis, MN

Can I sell my Minneapolis house as-is if it needs work or a cleanout?

Yes. We buy houses as-is, in any condition — no repairs, no cleaning, no cleanout required to sell to us.

What will I keep after selling my house?

What you keep depends on the sale amount and the costs tied to that path. For a listing, compare likely repairs, commissions, concessions, cleanout, and carrying costs. Also account separately for any mortgage payoff, liens, back taxes, and your share of current property taxes. Use the calculator to change the assumptions for your house.

What is the difference between a Cash Offer and EZ Sale?

We have two ways to buy. A Cash Offer is built for speed, condition, and tough situations — heavy repairs, tight timelines, difficult circumstances. EZ Sale is often the better fit when the house doesn't need major repairs and you want a higher number. Either way, you compare written numbers and you pick what works best for you.

How soon can I get a written cash offer?

We give written cash offers in 24 hours.

How soon can a sale close?

Timing depends on the property, title review, any payoff or liens, seller authority, and the closing provider's requirements. Written offer and written terms before you commit; title-company closing.

Who pays closing costs when I sell to you?

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.

What Minnesota deed tax applies to a Minneapolis sale?

For an ordinary taxable transfer with net consideration over $3,000, Minnesota deed tax is 0.33%; Hennepin County adds a 0.01% Environmental Response Fund tax, for a combined rate of 0.34%. That is $340 on $100,000 of taxable net consideration. Exemptions or little or no consideration can change the tax, and the closing professional confirms the taxable amount. State law generally makes the seller liable. When you sell to us, we pay the closing costs, including Minnesota deed tax and applicable Hennepin or Ramsey County Environmental Response Fund tax.

Sources: Minnesota Department of Revenue deed-tax rate; Minn. Stat. §287.21, deed tax rate and tax base; Minn. Stat. §287.22, exemptions; Minn. Stat. §287.24, grantor liability; Minn. Stat. §383B.80, Hennepin County tax

Can I sell if my house is in foreclosure?

A sale may still be possible if the required payoff or redemption can be completed before the applicable deadline. Minnesota mortgage foreclosure auctions are sheriff's sales. In a foreclosure by advertisement, the usual redemption period is six months after the sale, but shorter and longer periods apply in some cases. A court foreclosure can have a different starting point. Do not assume the sale date or redemption deadline has moved; have the title company or an attorney confirm the current deadline and amount needed. Our agreement of sale will often get a sheriff's sale postponed so we can close. Signing alone doesn't postpone it automatically; we use the agreement to ask for the postponement, and it works more often than people think.

Sources: Minn. Stat. §580.06, sheriff's sale; Minn. Stat. §580.23, redemption periods and exceptions; Minn. Stat. §581.10, foreclosure by action; Minn. Stat. §580.07, postponement

Can I call before I have all the paperwork?

Yes. Start with the property address and what you know about the house; you do not need every paper in hand to ask a question. Before closing, the title company reviews the property records, payoffs, liens, and any authority-to-sign questions that apply.

Can I ask about selling an inherited house before all the estate papers are ready?

Yes. You can start the conversation before every estate paper is gathered. The person signing and that person's authority need to be clear before closing; the title company can identify what the actual property and estate records require.

Can I sell a house while a tenant is living there?

Yes, you can ask about a sale while a tenant is living in the house. Share what you know about the lease, access, occupancy, and any notices. Those details can affect the sale and timing, so the actual paperwork needs to be reviewed for the property.

Can I ask about a house with a Minneapolis code notice?

Yes. We buy houses as-is, including houses that need work. Keep the notice and its deadline handy so the property-specific questions can be reviewed.