6 Top We Buy Houses for Cash Companies in Minneapolis
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Meaghan Hunt, Contributing AuthorClose
Meaghan Hunt Contributing AuthorMeaghan Hunt is a writer and editor based in Oklahoma City. She has over a decade of experience writing and editing for the web, magazines, and print publications, and has spent the last several years focused on personal finance topics including real estate. She is a contributing writer for HerMoney Media. Hunt holds an MLIS degree and believes in empowering homebuyers and sellers by connecting them with accessible, digestible, and authoritative information.
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Richard Haddad, Executive EditorClose
Richard Haddad Executive Editor
Richard Haddad is the executive editor of HomeLight.com. He works with an experienced content team that oversees the company’s blog featuring in-depth articles about the home buying and selling process, homeownership news, home care and design tips, and related real estate trends. Previously, he served as an editor and content producer for World Company, Gannett, and Western News & Info, where he also served as news director and director of internet operations.
We Buy Houses companies in Minneapolis make all-cash offers for homes that often need some work, enabling sellers who lack the time, expertise, and money for repairs to move quickly and receive the cash proceeds from their home sooner if they need it.
You may be moving to a city with a lower cost of living. Or perhaps, you’re relocating from the Twin Cities for a new job in Duluth or St. Cloud, but they need you to start right away. Whatever your reasons for moving, selling your Minneapolis house may be the biggest obstacle in your way.
If you need to sell your Minneapolis home quickly, a We Buy Houses for Cash company could be the best solution. However, before you request a cash offer, it’s important to understand how much a Minneapolis house-buying company might offer for your home and consider your options. Once you’re familiar with the process, you can opt to select a company on our list of some of the top contenders and get moving.
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Popular We Buy Houses for Cash companies in Minneapolis
We’ve compiled some of the top companies that will pay cash for your parents’ bungalow or your Craftsman-style house. By selling to one of these companies, you should be able to sell your Minneapolis home in as little as a week or two.
Note: Individual program details frequently change. Please visit a company’s website for the most up-to-date information on each program’s fees, market coverage, business model, and more. HomeLight always recommends doing your own research to determine which selling option is best for your situation.
We Buy Ugly Houses® / HomeVestors®
About
We Buy Ugly Houses is a subsidiary of the parent company HomeVestors. HomeVestors was founded in 1996 and began franchising at that time, so this company is also one of the longer-standing house-buying companies in a crowded market. Its independently owned and operated offices have together purchased more than 150,000 houses since inception.
Unlike some house-buying groups, We Buy Ugly Houses makes clear and firm cash offers to the sellers they work with. They are careful to visit properties before proposing an offer, and once doing so, the company does not subtract commissions or fees during the closing process.
To avoid copycat companies, be sure to read up on what sets HomeVestors apart as a company.
Locations: Minneapolis, St. Cloud/Alexandria, and other markets nationally
Closing costs: Sellers pay no closing costs; We Buy Ugly Houses covers them.
Reviews
There are several franchises of HomeVestors in the Minneapolis market, all of which hold an A+ rating with the Better Business Bureau. Google reviews for HomeVestors in Minneapolis give the company 4.4 stars and speak to convenient, smooth closings and communicative staff.
Contact
Website: webuyuglyhouses.com/minneapolis
Phone: 866-200-6475
Simple Sale (a HomeLight platform)
About
Simple Sale, a solution from HomeLight, is an online platform where sellers in Minneapolis and across the country can request a cash offer for their home. Simple Sale has a network of cash buyers on its platform, and partner investors have a wide range of investment strategies, including fix-and-flip and buy-and-hold. This enables Simple Sale to provide cash offers for a wide array of properties, even those that need some or a lot of work, in different locations throughout Minneapolis. With Simple Sale, you can get an all-cash offer within 24 hours and sell your home in as few as 7 days, skipping the months it can take to sell the traditional way.
Locations: Nationwide, including Minneapolis
Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. Individual investor fees may vary.
Reviews
Simple Sale is a HomeLight platform. HomeLight was founded in 2012 and is BBB accredited with an A+ rating. The company has 4.7 stars on Google based on hundreds of reviews. Below, you can hear about how Baohan Wu, a seller who used Simple Sale to sell his high-rise apartment, closed within three and a half weeks and what he thought of the process overall.
Contact
Learn more: homelight.com/simple
Phone: 844-488-8455
Minnesota Home Guys
About
For sellers who want more than one option but only have time for a single showing, Minnesota Home Guys presents multiple offers for each property — one of which is for a cash purchase. This company has bought and sold more than 500 homes, building a track record for dealing with a variety of circumstances. This business also demonstrates the capacity to accommodate Spanish-speaking customers.
Locations: Offices in Bloomington serving markets across Minnesota, including Minneapolis-St. Paul
Closing costs: Sellers pay no closing costs; Minnesota Home Guys covers them.
Reviews
Minnesota Home Guys has been BBB-accredited since 2017 and has an A+ rating. This company has a 4.8-star Google rating. Reviewers note the excellent service they’ve received from various staff members, who are often recognized by name.
Contact
Website: homeguysmn.com
Phone: 952-222-7138
Minnesota Home Brothers
About
Though similar in name to the Minnesota Home Guys, the Minnesota Home Brothers is a separate operation run by three brothers: Matt, Hank, and Drew. Spearheading different elements of the business, they handle contracting, real estate, and marketing operations, respectively. This trifecta of expertise is engaged on Facebook and Instagram and offers online scheduling.
Locations: Offices in Eagan, Minnesota, serving the Twin Cities
Closing costs: Sellers pay no closing costs; Minnesota Home Brothers covers them.
Reviews
Minnesota Home Brothers received BBB accreditation in December 2024 and holds an A+ rating. Google reviewers for Minnesota Home Brothers give them a 5-star rating, with people citing a knowledgeable team, whether it comes to property sales or remodeling projects. Reviews also cite a strong work ethic among the owners, and pleasant, professional staff who are responsive to seller needs.
Contact
Website: minnesotahomebrothers.com
Phone: 952-230-2324
Twin Cities Home Buyers
About
Twin Cities Home Buyers has been in the market for more than 20 years, and has closed hundreds of transactions. They are open to buying even from newer owners. Whether the property is distressed or in good condition, this company is open to discussing a potential offer.
Locations: Offices in Plymouth, Minnesota, serving the Minneapolis-St. Paul area
Closing costs: Sellers pay no closing costs; Twin Cities Home Buyers covers them.
Reviews
Twin Cities Home Buyers has been BBB accredited since 2004, where it maintains an A+ rating. Twin Cities Home Buyers holds a 4.7-star rating from customers on Google. Reviewers speak to a fair and accommodating company. Several reviewers mention that while they met with multiple prospective investment companies, they selected this longtime business for a variety of reasons, including outstanding patience and responsiveness.
Contact
Website: twincitieshomebuyers.com
Phone: 612-361-5127
Homestead Road
About
Founded in 2007, Homestead Road buys homes directly from homeowners for cash and has purchased more than 3,000 homes. The company works with sellers across a wide range of property conditions and personal circumstances, offering as-is purchases without repairs, cleaning, or showings, and flexibility in choosing a closing date.
Locations: Headquartered in Minneapolis, serving the Twin Cities metro and surrounding Minnesota communities, with additional service areas in Wisconsin and the Tampa area of Florida.
Closing costs: Sellers pay no closing costs; Homestead Road covers them.
Reviews
Homestead Road has been BBB-accredited since 2012 and holds an A+ rating. Customer reviews with the BBB for Homestead Road speak to communicative and responsive staff. Google reviewers give the company a 4.6-star rating and cite positive experiences, including a number of homes sold after long occupancy.
Contact
Website: homesteadroad.com
Phone: 612-808-6767
These companies that serve Minnesota all follow a similar process of selling a house for cash, which typically starts with you requesting an offer and, in most cases, allowing an on-site assessment. It’s often best to compare multiple cash offers and review the offer details carefully before signing a contract.
To learn more, see our post: How to Find Cash Home Buyers in Your Area.
What can affect a cash offer for a home in Minneapolis?
When an investor calculates a cash offer for a home in Minneapolis, they begin with the estimated After Repair Value (ARV) and subtract their target profit margin, holding costs, and anticipated rehabilitation costs. In Minneapolis, localized physical hazards, municipal disclosure mandates, and aging infrastructure create fixed repair costs and legal liabilities that directly lower this baseline offer.
Four property characteristics specifically impact an investor’s underwriting calculations when evaluating an as-is home purchase in Minneapolis:
Truth in Sale of Housing (TISH) mandates
Minneapolis requires a Truth in Sale of Housing (TISH) evaluation before any residential single-family, duplex, or townhome property can be listed or sold. If an owner sells a property as-is with uncorrected safety defects or code violations, the buyer must sign a formal Acknowledgment of Responsibility and complete all mandatory repairs within 90 days of closing.
These repair liabilities legally transfer to the buyer upon closing. Real estate investors account for this strict timeline by deducting the estimated repair costs and built-in legal contingency fees directly from their initial cash offer.
Aging sewer lines in old houses
Minneapolis features a significantly aged residential inventory, with half of the city’s housing built before 1951. Homes built during this era frequently retain original clay sewer pipes running from the structure to the municipal main. Because Minnesota’s deep frost line requires subsurface utilities to be buried deeply, repairing or replacing a failed, tree-root-damaged clay line costs between $3,000 and $26,000+. Investors factor these costly subsurface sewer scope inspections and potential replacement expenses into their underwriting, particularly when evaluating properties in older core neighborhoods like Powderhorn, Northeast, and Whittier.
Elevated soil radon concentrations
Data from the Minnesota Department of Health (MDH) reveals that naturally occurring soil gas leads to elevated indoor radon levels in approximately 40.3% of Minnesota homes, placing them at or above the EPA action threshold of 4.0 pCi/L. Cash buyers preparing a home for resale or rental must remediate high radon levels to satisfy buyer safety disclosures or local tenant habitability standards. Installing an active sub-slab depressurization mitigation system adds $1,500 to $3,000 in capital expenditures, leading investors to deduct this baseline cost during property evaluation.
Heritage Preservation Commission (HPC) overlay rules
Properties designated as local historic landmarks or located within historic preservation districts fall under the regulatory authority of the Minneapolis Heritage Preservation Commission (HPC). Guidelines enforce strict exterior design standards that prohibit low-cost modern materials, forcing investors to use custom wood window restorations or in-kind architectural replacements that dramatically increase renovation budgets. Additionally, the required HPC review process can add several weeks to permitting timelines, escalating property holding costs like taxes and utility bills. This factor applies specifically to designated historic districts such as St. Anthony Falls, Stevens Square, and Washburn Fair Oaks.
Other options to sell your Minneapolis home quickly
iBuyers
iBuyer companies offer sellers many of the same conveniences as traditional house-buying operations, but they leverage algorithmic technology — known as automated valuation models (AVMs) — to make near-instant cash offers on homes, creating a streamlined, mostly online transaction process that can close within days or weeks. However, unlike traditional We Buy Houses for Cash companies that specialize in fixer-uppers, iBuyers typically look for properties in turn-key or near-turnkey condition and offer closer to market value — often around 85% to 95% of fair market value.
Keep in mind that major iBuyers like Opendoor and Offerpad usually charge service fees ranging from 5% to 6%, and iBuyer coverage across the Minneapolis-St. Paul metropolitan area can fluctuate depending on current market conditions and property age criteria.
Sellers in Minneapolis who might be a good fit for an iBuyer include those with newer or well-maintained homes in tract developments or suburban neighborhoods — such as Plymouth, Maple Grove, or Woodbury — who prefer to skip staging, open houses, and showings while still receiving competitive pricing.
Listing with a top Minneapolis agent
Listing with an experienced local real estate agent remains the most effective strategy to maximize your net proceeds, especially in popular Minneapolis neighborhoods like Linden Hills, North Loop, or Longfellow. A local agent can provide a comparative market analysis (CMA) tailored to Twin Cities housing trends, helping you set a competitive listing price and realistic timeline.
Partnering with a top-performing Minneapolis real estate agent can yield the highest possible selling price on the open market. Additionally, connected local agents often maintain direct networks with vetted cash home buyers in Minneapolis who are willing to pay closer to full market value. HomeLight can connect you with a top agent in the Minneapolis market today.
Key takeaways
- We Buy Houses companies in Minneapolis offer speed and convenience, closing in as little as seven days without repairs, showings, or fees.
- Local Minneapolis factors — such as required Truth in Sale of Housing (TISH) repair timelines, aging clay sewer line replacements, elevated soil radon mitigation, and strict Heritage Preservation Commission (HPC) regulations — can directly impact investor offer calculations.
- Cash buyers pay less than full market value compared to listing on the open market with a top agent, so homeowners should carefully balance the pros and cons of speed versus net profit.
- Platforms like HomeLight’s Simple Sale allow you to request competitive, no-obligation cash offers from multiple regional investors to compare your as-is selling options.
Curious What Your Home Is Worth?
Get a near-instant real estate house price estimate from HomeLight for free. Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes.
For Minneapolis home sellers navigating tight relocation timelines, major repair requirements, or mandatory local disclosures, selling to a cash-buying company can provide a fast, predictable exit. However, because cash offers typically reflect a discount for convenience and speed, it is always wise to weigh an immediate as-is cash offer against what your property could net on the open market.
To make the best decision for your situation, compare quotes from multiple reputable cash buyers and consult with a top Minneapolis real estate agent to evaluate your home’s full potential across the Twin Cities market. Whatever path you choose, HomeLight is here to help you navigate every step of the process!
Editor’s note: This post is for educational purposes only, not legal or financial advice. Links and mentions of Minneapolis “We Buy Houses” companies should not be considered endorsements.
Writer Chelsea Levinson contributed to this post.
Header Image Source: (Andrew S / Unsplash)
At HomeLight, our vision is a world where every real estate transaction is simple, certain, and satisfying. Therefore, we promote strict editorial integrity in each of our posts.
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