What Does Selling My House for Cash Mean?

How familiar are you with the different options out there for selling your house? Everyone knows about working with a local real estate agent to list your home and sell it on the market. Many are familiar with the seller doing all the legwork themselves, often referred to as FSBO, or for sale by owner. Selling for cash isn’t quite as familiar to many homeowners. Do you know what it means?

Lower Closing Costs

Closing costs are a normal part of selling a home. They include things like attorney fees, account fees, and lender fees, among others. Those costs are often split between the buyer and the seller, with the seller often paying for a significant portion (thanks in no small part to being the profiting party). Selling your house for cash could see your closing costs lower. Cash buyers don’t use lenders, so there won’t be any lender-related fees to pay. Some cash buyers, like Minnesota Home Guys, will even cover all the closing costs so you don’t have to pay a penny.

Faster Closing Time

Lenders take time to decide if any given mortgage is worth financing. They check things like buyer credit and the home’s appraised value. Closing with a traditional buyer who uses a lender can take 30-60 days. Selling for cash could save you time because there is no lender involved. Any of the checks they require may no longer be necessary. Minnesota Home Guys is especially good at closing quickly–in as little as 7 days.

Less Hassle Selling

It’s important to understand that not all cash buyers are the same. They tend to fit into one of two categories: investors who will use the properties they buy to make money and those who made enough from selling their old home to pay for their new one in cash. Some investors, like professional home buying companies, are so good at what they do that they make selling your home incredibly easy. Professional home buying companies like Minnesota Home Guys require very little from you as the seller. Start by contacting them to tell them about your home. Set up a time for them to see your home and review the offer you get within 24 hours. From there, pick your closing date. When it’s time, meet up, finish up the paperwork, and get paid. It doesn’t get more hassle-free than that.

Selling your house for cash means something different than selling it on the market. Don’t just focus on making a profit when you sell your home. When you choose to sell your house for cash to Minnesota Home Guys, expect to save money, sell faster, and stress less. We want to make selling your home as easy as possible. Let us make that happen for you.

Do you want to sell your Lakeville house for cash? Minnesota Home Guys is ready to make you an offer! Click here to get started 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.