For those that are looking to sell their Minnesota house as-is right away, you can sell it quickly because the investor buyers love to pay cash and close quickly. Most likely in one to two weeks, that’s pretty fast.
It mostly comes down to you the seller being ready to show your property and most of all being realistic on your price based on what other homes are selling for in the neighborhood. Also you have to be realistic about how much work your property needs.
Selling your Minnesota home for a cash offer
If you think your property needs $30,000 in work, it’s possible with the cost of contractors and lumber that it could be closer to $40,000, feel free to get some bids and estimates to see how much pricing has changed.
I’m mostly talking about your house if it’s very outdated and needs lots of fix ups. If it hasn’t been fixed up or updated in 30 to 100 years. The investors buyer needs to factor in a profit for their time, money and risk to hire others to fix up the whole house.
Selling your Minnesota home on terms
For those who have a home here in the counties around minneapolis that doesn’t need as much work and you want a higher price and you can be patient to sell your home on terms and with not a lot of money out of pocket for the local investor buyer you are offering a lot of flexibility.
The term investors I know like to buy cash fixup homes also, but the rehabbers don’t always buy term homes. With investors who like to buy on terms they like to buy subject to your existing financing and contract for deed. There are other ways they like to buy as well and I cover that in my detailed article I’ll Link you to below.
With term investor buyers offer them flexibility, and little out of pocket and sell on a 5-10 year balloon meaning when the house gets paid off. Also they’ll start the negotiations off at 0% interest rates in this low interest rate environment that we are now in.
As a home seller the term offer may be beneficial for some with capital gains taxes. Also it is beneficial for those looking to retire and have a monthly income stream to live on. If you were looking for some freedom.
The term offer vs. the cash offer will give you a couple choices, some perspective and clarity over time and I welcome you to learn how a local investor buyer thinks, so that you can position your house offer to have a great chance and selling fast as-is, so you can move onto the next phase of your life.
There aren’t many reasons that you ate motivated you sell, so gain the relief that comes room selling quickly with a smooth transacton.
“I’m ready, I’ve decided it’s time to sell my mn home as-is, fast cash offer!”
