Selling land in Minnesota doesn’t have to be a long, drawn-out process. You can sell it fast by choosing a cash buyer. With a cash sale, the closing date is set to your convenience and you won’t have to wait for the buyer to obtain financing. You’ll also avoid the potential for an offer to fall through because of a change in the buyer’s employment or financial status.
There are several reasons why you might want to sell your property. Maybe you want to move to another city or state, or perhaps you’re having a hard time keeping up with the annual property taxes. If you aren’t living near your property, it can be a pain to manage it and care for it properly. There are multiple ways to sell your inherited property, including a traditional real estate agent, an iBuyer, or a we buy land company. Each has its pros and cons, so it’s important to weigh your options carefully before deciding what route to take.
Traditional real estate agents
If you’re selling Fast cash for Minnesota land sales, your best option might be to hire a real estate agent. These professionals can help you advertise your property, find a buyer, and handle the paperwork. However, they can be costly, and it may take a while for your property to sell.
A we buy land company can purchase your property in as-is condition for a quick close. They can often pay between 30% and 70% of fair market value. They are an excellent choice if you need to sell your land quickly or if you don’t have the time or money to fix up your property.
iBuyers
There is a new trend in the real estate industry, called iBuying. An iBuyer is a company that makes all-cash offers on properties. These companies are growing rapidly and are becoming a popular alternative to traditional real estate agents. However, it’s important to note that iBuyers don’t evaluate properties in-depth and they may not always offer the highest price for your property.
Minnesota state government
The Department of Natural Resources (DNR) actively manages its land portfolio, ensuring that public lands meet conservation and recreation needs and contribute to the state’s exceptional quality of life. The DNR regularly sells lands that no longer meet conservation or recreational needs through public auctions. If you are interested in learning more about DNR’s upcoming auctions, please subscribe to our email list for notifications.