How to Find Cash Home Buyers in the Twin Cities for a Hassle-Free Home Sale
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Cheyenne Wiseman Associate EditorClose
Cheyenne Wiseman Associate EditorCheyenne Wiseman is an Associate Editor at HomeLight.com. Previously, she worked as a writer for Static Media (Mashed.com and Chowhound.com) and as an editor for CBR.com. Cheyenne holds a bachelor’s degree in English from UC Davis, where she also founded and led a literary magazine called Open Ceilings. She has four years of experience writing and editing on topics including real estate, financial advising, and pharmaceuticals.
If you’re a Twin Cities homeowner looking to sell quickly and skip the traditional listing process, selling to a cash buyer could be your best option. Although the local market is showing some signs of moderation, the Twin Cities area remains attractive to real estate investors, drawn to its affordable prices and strong economy.
This might be an ideal time to consider cash sale options if you’re looking for a quick, convenient transaction. This guide will help you find reputable cash home buyers in the Twin Cities and guide you through the steps of a successful cash sale.
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How to find cash home buyers in the Twin Cities
Searching for a quick and straightforward way to sell your home? Consider working with a cash buyer. Here’s how you can connect with trustworthy cash home buyers in the Twin Cities area who are ready to make an offer.
Work with a reputable local real estate agent
Even if you’re planning to sell your home for cash, working with a real estate agent can help simplify the process. Many agents have direct connections with reputable cash buyers, which can save you the hassle of searching for and vetting them on your own.
Cash buyers referred by agents are often more serious and financially prepared, which means fewer surprises during the sale. If you don’t already have an agent, HomeLight can match you with top-rated professionals in the Twin Cities area. While agents do charge a commission, their experience and connections can lead to a faster, more reliable transaction.
Do your due diligence
Before finalizing a deal with a cash buyer, it’s important to do your homework. Look up the company on review sites like Google, Yelp, Trustpilot, or the Better Business Bureau. You can also contact the BBB of Minnesota and North Dakota for more insights.
Check the buyer’s licensing, review their sales history, and read feedback from past clients. Always ask for proof of funds, such as a bank statement, to confirm the buyer has the resources to follow through. If a buyer is unwilling to provide documentation, that’s a clear sign to consider other options.
Inside the Twin Cities cash home buyers market
The Twin Cities cash home-buying market includes a variety of buyers, each with their own reasons for purchasing homes outright:
- New residents: Although growth has slowed compared to previous years, the Twin Cities metro — especially its suburbs — continues to attract new residents. The area’s relatively affordable home prices and a strong economy contribute to its appeal. Some buyers are choosing to pay cash to streamline their moves and avoid the mortgage process altogether.
- Baby Boomers: In February 2025, cash transactions made up 32% of all home sales nationwide. Among Older Boomers, 51% paid cash for their homes, while 53% of Silent Generation buyers followed suit (as of 2023). This reflects their financial stability and preference for avoiding mortgages.
- Property investors: This includes institutional investors, house flippers, buy-and-hold investors, wholesale buyers, and iBuyers. Each is looking to leverage market opportunities in the Twin Cities, whether through quick resales or long-term rentals.
- iBuyers: These companies often make competitive offers that are closer to market value than traditional investors. However, they typically charge service fees and work within strict guidelines, which means not every home qualifies.
Pros of working with a Twin Cities cash home buyer
Selling your home for cash can simplify the process compared to a traditional listing. Here are some of the advantages of working with cash home buyers in the Twin Cities:
- Quick closings: With no mortgage delays, cash deals can often close in just a few days to a couple of weeks.
- Fewer contingencies: These offers usually come with fewer strings attached, making the sale less likely to fall through due to financing or inspection-related issues.
- No need for repairs: Most Twin Cities cash buyers purchase homes in as-is condition, saving you from the stress and expense of fixing things up.
- Streamlined experience: There’s typically less paperwork and fewer steps than with a traditional sale, making the process easier overall.
How to request a cash offer in the Twin Cities
If you’re looking for an easier way to secure a cash offer, HomeLight’s Simple Sale platform is a great place to start. Simple Sale connects Twin Cities sellers with the country’s largest network of pre-approved and vetted investors.
All you have to do is answer a few short questions about your Minnesota home, and you could receive a no-obligation offer in as few as 24 hours. If you accept, you may be able to close in as little as 10 days. You can even choose a move-out date that works for your schedule, up to 30 days after closing. There’s no need to worry about repairs, open houses, or staging.
While cash offers are often lower than those on the open market, traditional sales come with their own costs — typically 9% to 10% of the sale price once you factor in commissions, closing costs, and prep work. Depending on your situation, a cash sale might ultimately save you time, money, and stress.
How much are Twin Cities cash home buyers willing to pay?
Cash buyers and investment companies typically offer less than full market value, but in return, they provide a faster and simpler sale process. A common guideline used by property flippers is the 70% rule, where they offer up to 70% of a home’s after-repair value (ARV), subtracting the estimated cost of renovations.
Market trends can also affect how much cash buyers are willing to pay. In a competitive or fast-moving market, cash offers may increase — sometimes reaching 80% to 85% of the ARV — as buyers compete for properties. In a slower market, those offers tend to be more conservative.
Right now, the Twin Cities housing market still favors sellers, but there are signs of cooling. Home price growth has slowed, and properties are sitting longer on the market. Your cash offer will ultimately depend on current conditions and the specific location of your home within the metro area.
What’s the process of selling to a Twin Cities cash home buyer?
If you’re looking for a quick and low-stress transaction, a cash sale could be the right choice. Here’s what to expect when working with cash home buyers in the Twin Cities.
Complete the Minnesota Disclosure Statement
- What it is: Minnesota homeowners must fill out a Seller’s Property Disclosure Statement outlining any known issues with the property.
- Why it matters: Sellers must comply with disclosure laws to provide accurate property details, even in cash sales. This step protects both buyers and sellers against complications.
- How cash buyers help: Many We Buy Houses companies in Minnesota assist sellers with disclosure paperwork. Disclosures are mostly formalities in as-is sales, but preparing them in advance can save time.
The buyer runs a title search on the property
- What it involves: In Minnesota, cash buyers typically order a title search to confirm ownership and check for issues like liens, undisclosed heirs, or boundary disputes.
- Why it’s important: Taking care of title problems early increases your chances of a smooth transaction, avoiding unnecessary delays.
The seller pays any associated fees
- Common fees: While cash sales often involve fewer closing costs, sellers may still need to pay for things like title insurance, transfer taxes, escrow services, or legal assistance.
- Minnesota’s transfer tax: Minnesota’s transfer tax is calculated as 0.33% of the sale price. However, in Hennepin and Ramsey counties, there’s an additional Environmental Response Fund (ERF) tax of 0.01%, bringing the total transfer tax rate in these counties to 0.34% of the property’s sale price. Either the buyer or the seller may cover this cost, depending on the terms agreed to in the sales contract.
- Reducing costs: Some Minnesota-based We Buy Houses companies will offer to cover closing expenses, but this convenience is often reflected in a lower overall offer.
Deciding to sell to Twin Cities cash home buyers
Twin Cities homeowners are well-positioned to sell for cash, as Minnesota remains a hotspot for real estate investment.
Whether you decide to assess buyers on your own, partner with a real estate agent, or request an offer using Simple Sale, HomeLight provides access to top professionals and valuable resources. By tapping into the strength of the local cash-buying market, you may be able to move forward faster — with fewer headaches and greater peace of mind.
Editor’s note: As a friendly reminder, this blog post is meant for educational purposes, not legal or tax advice. HomeLight always encourages you to consult your own advisor.
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