Damaged Property
Damaged Home? We'll Buy It As-Is.
Fire, water, storm, mold, foundation issues, frozen pipes, hail, or just years of deferred maintenance — we buy Minnesota homes in any condition, for cash, no repairs required. Banks won’t finance damaged homes. We don’t need a bank.
Why Owners Call Us
Damaged homes are our specialty,
Most buyers walk away the moment they see fire damage, mold, or a cracked foundation. Banks won’t lend on it. Agents tell you to fix it first. We’re the opposite: the worse the condition, the more we expect to do, and the less it slows us down.
01
Any damage type, any extent
Fire, smoke, flood, burst pipes, ice dams, hail, tornado, mold, asbestos, lead, foundation cracks, sagging roofs, structural rot. We’ve bought homes after every one of these and worse. You don’t need to fix anything, clean anything, or hide anything. Show us what’s there.
No condition disqualifies you
02
Cash that can't fall through
Banks refuse loans on homes with active damage, code violations, or significant structural issues. That’s why traditional buyers keep dropping out at the financing stage. We pay 100% cash from our own funds, so there’s no underwriter, no appraisal contingency, and no last-minute denial weeks into the process.
Zero financing contingencies
03
Close fast, stop the bleeding
Every week a damaged home sits costs you: mortgage payments, utilities, insurance premiums, ongoing damage from a leak or weather exposure, and sometimes a second rent check while you live elsewhere. We can close in as little as seven days, so the meter stops running and you can move forward.
7-day close available
Side-By-Side
Two paths for a damaged home
A damaged Minnesota home doesn’t move on the open market the same way a move-in-ready one does. Lenders block deals, buyers ask for huge concessions, and the home keeps deteriorating in the meantime. Here’s how the two paths typically play out.
Traditional Sale
Listing With An Agent
Repair the damage first
Most agents won’t list a damaged home until major issues are remediated, often $20,000–$80,000+ out of pocket before a single showing.
Buyers can't get a loan
Conventional, FHA, and VA loans all reject homes with active damage, code violations, or major structural issues. Cash buyers are the only option, and they’re hunting for deals.
Inspection-driven price cuts
Even if a buyer makes it to inspection, expect a long list of demands or a five-figure price reduction. Damaged homes attract aggressive negotiation.
Carrying costs keep stacking
Mortgage, insurance, utilities, and a second rent check if you’ve already moved out. Every month on the market is real money lost.
Damage often gets worse
A small leak becomes mold, a foundation crack widens through a freeze cycle, smoke residue eats further into drywall. Time is not your friend.
Typical Timeline
4 – 9 months & uncertain
Our Way
Selling As-Is to MN Property Buyers
Zero pre-sale repairs
Don’t lift a hammer. Don’t call a remediation company. Don’t argue with insurance over scope. Sell the home exactly as it stands today.
100% cash, no financing
Our funds, our deal. No bank approval, no appraisal contingency, no financing fall-through three weeks before closing.
One walkthrough, written offer
We see the damage in person, account for it honestly in our number, and put it on paper within 24 hours. No back-and-forth, no surprise concessions later.
Close in as little as 7 days
Stop the carrying costs immediately. The mortgage, the insurance, the utilities, the second-home rent — all of it ends at closing.
Keep your insurance payout
In most cases, any insurance settlement you’ve already received from a fire, water, or storm claim stays with you. Talk to us early and we’ll structure it cleanly.
Typical Timeline
As fast as 7 days
A Real Scenario
A burst pipe in January, and what comes next
A frozen supply line cracks open during a cold snap while the owner is at work. Water runs for six hours before anyone notices. The kitchen ceiling collapses, two floors of hardwood are ruined, and mold starts within days. Insurance covers some of it, not all of it, and now the homeowner faces months of remediation before the home could even be listed.
Here’s how the numbers compare on a home that would be worth around $340,000 fully repaired.
Common Questions
What owners often ask us
Damaged-home sales come with their own set of concerns, insurance, disclosures, ongoing damage, and code issues. Here’s straight talk on the questions we hear most.
What kinds of damage do you actually buy homes with?
All of them. Fire and smoke damage, water damage from burst pipes or roof leaks, basement flooding, ice-dam damage, hail and wind damage, tornado damage, severe mold, asbestos and lead paint, foundation settling and cracks, sagging roofs, termite or rodent damage, structural rot, code violations, fire-condemned properties. The more buyers walk away from a home, the more useful we tend to be. If you can describe what happened, we can give you a number on it.
I haven't filed an insurance claim yet. Should I before selling?
It depends on the situation, and we’d rather you ask us early than later. If a claim is likely to net you more than the time and risk it adds to selling, we’ll usually tell you to file it and keep the proceeds. If it’s a small claim that may raise your premiums or delay things for months, we’ll say so. We don’t take a cut of your insurance settlement, and we don’t pressure you either way. Talk to us before you commit one direction.
I already received an insurance payout. Do I have to give it back at closing?
In most cases, no — a settled insurance check is yours to keep. The only common exception is when your mortgage company holds the funds in escrow pending repairs, in which case the payoff structure has to be coordinated with the lender. We’ve handled this many times. Tell us upfront what you’ve received and what’s escrowed, and our title partners will sort the paperwork before closing day.
The home has serious mold. Can I legally even sell it?
Yes. Minnesota requires that you disclose known material defects to a buyer, but disclosing them and selling the home are two very different things. Tell us honestly what’s there, including mold, asbestos, lead paint, or anything else you’re aware of, and we factor it into the offer. There’s no need to remediate first. We’re a sophisticated buyer who handles hazardous-condition properties regularly, with the right insurance and contractors on our end.
Do you buy homes that have been condemned or have open code violations?
Yes. Condemned, red-tagged, or with open code violations is well within what we handle. We work with the city or county directly to understand what’s required to bring the property back into compliance, and we factor it into our offer. You don’t need to resolve any of it before closing, and we don’t expect you to.
The damage is still active, water leaking, mold spreading. Can you move quickly?
Yes, fast is what we do. Active damage is exactly the situation where speed matters most, every day adds to the loss. Call us today, we’ll usually walk through within 24 to 48 hours, and we can have a written cash offer in your hands within a day of that. From there, closing in seven days is realistic if you need it that quickly.