How Much Time Do Cash Buyers Take to Close?

So you’ve found a buyer for your home. They’re not just any buyer though. Your buyer is a cash buyer. If you’ve never worked with a cash buyer before, it’s understandable if you think that it doesn’t make a difference how someone’s paying for the house. It does though, and one of the biggest differences is how much time it takes them to close on the house.

Less than Buyers with a Mortgage

Did you know that the process of closing the deal on a house with a buyer who has a mortgage can take 30-45 days? And that’s if everything goes smoothly. Cash buyers don’t typically take as long to close. That’s because they already have the money on hand to pay for your house. They don’t have to wait to be approved by the lender, or for the lender to approve the house they’re buying. Cash home buying companies are especially fast at closing, some of them closing in as little as 7 days.

Things That Might Take a Little Extra Time

Just because your buyer can pay for your house in cash doesn’t necessarily mean that it’s going to be smooth sailing and that you don’t have to deal with the occasional delay. Cash buyers will still want to see the house and may ask to have it inspected. Depending on the results, they may ask you to do some repairs on the property. That can increase how much time it takes to finalize everything with the sale.

The Cash Home Buying Company Difference

If you want the ultimate experience when it comes to closing fast and with minimal effort on your part, a cash home buying company like Minnesota Home Guys could be your ideal buyer. These buyers rarely ask sellers to do any repairs, only need to see your house once, and come with all the advantages of already having the funds to pay for a property. They also cover closing costs. As a bonus, they don’t use real estate agents, which means you don’t have commissions to worry about (unless you have an agent of your own, of course).

Once you’ve found a buyer who’s willing to purchase your house, closing the deal is the next step in the process. If your buyer is a cash buyer, you’re in luck. The process will likely take a lot less time than it would if you were selling to someone with a mortgage. You’ll be that much closer to being able to move on to the next phase of your life.

Want to know more about how selling your house to a cash buyer works? Click here to learn about the Minnesota Home Guys home buying process today!

Frequently Asked Questions

Yes! Minnesota Home Guys purchases land as well as houses. Whether it’s a vacant lot, acreage, or a parcel you inherited, we’re happy to take a look and make you an offer. Just submit the property details and we’ll get back to you.

Yes, absolutely. While we’re based in the Twin Cities, we buy houses all across Minnesota. Whether your property is in the suburbs, rural areas, or small towns, we’re interested. Submit your address and we’ll let you know how we can help.

We consider several factors when making an offer, including your home’s condition, recent comparable sales in the area, market trends, and any necessary repairs. Our goal is to provide you with a fair and competitive offer based on real market data.

No! We buy houses in any condition, whether they need minor updates or major repairs. You won’t have to spend a dime on renovations, inspections, or cleaning—we handle everything.

If your home is in foreclosure, we may still be able to buy it and help you avoid a full foreclosure process. The sooner you reach out, the more options we have to help. Contact us today to discuss your situation.

No, you will not be “listed” and waiting for a buyer – we are direct home buyers, not an agent offering to list your home and hope it sells. That means you don’t have to worry about showings, commissions, or waiting for the right buyer. We buy homes with cash, allowing for a fast and hassle-free closing.

Yes! If you’re a landlord with problem tenants or an unwanted rental property, we can make you a fair cash offer. You don’t have to wait for a lease to end—we buy properties with tenants still in place. “Tired landlord” is one of the most common situations we see.

We buy single-family homes, townhomes, duplexes, multi-family properties, and even vacant land. If you’re unsure whether your property qualifies, just reach out to us!

Closing speed is based on your timeline. If you want to close fast, we can do that! If you need time, we can do that too!

Here’s how it works: Once you accept and sign our offer, we order the abstract update and a title opinion. If any title defects are found, we work with you to resolve them. Once the title is cleared, we set a closing date and begin preparing the legal closing documents. Closing date is typically 2-4 weeks from the time the offer is signed, but if you are in a hurry please call (952) 222-7138 and we can expedite the process!

When you choose to sell your property to us, we will cover the abstract update, title opinion, transfer tax, as well as closing costs. You will only be responsible to pay property tax up to the date of sale and any liens.

We guarantee closing on every offer we make. This is easily done because our team gets to know the seller, researches the property, understands current market trends, and has cash ready to close.

Yes! If your home is listed with a real estate agent, you’re still welcome to submit it to us for a cash offer. Keep in mind that if it’s under contract or you have listing obligations, you may need to coordinate with your agent—but we’re happy to work with listed properties.

Nope! One of the benefits of selling to Minnesota Home Guys is that you don’t need to lift a finger. You can leave behind furniture, trash, old appliances—whatever you don’t want to deal with. We’ll take care of everything after closing. Just take what you want and leave the rest.

Our cash offer is guaranteed as long as everything we discussed about your property checks out. The only time the offer would change is if we discover something unexpected during the title process—like a hidden lien, unpaid property taxes, or a contractor bill that wasn’t disclosed. We’re always upfront and transparent, and if something like this does come up, we’ll talk it through with you.