Minnesota

Get Your Home Finally SOLD For Cash Today!

Before the arrival of the European Explorers, Minnesota was primarily inhabited by the Dakota. Later, the Chippewa Indians inhabited arrived in the area, and this caused tension among the Dakota. The natives in this area primarily engaged in farming as well as hunting and gathering. They also settled into distinct neighborhoods and were organized into clans.

The French explorers were the earliest to land in this area and were later followed by the Spanish. For quite some time, this state fell under both the French and Spanish rule, and the borders were not clearly defined. Its path to US ownership came in two stages with the part east of the Mississippi River being acquired from the British, through winning the American Revolutionary War in 1783. The region west of the Mississippi was later peacefully purchased by the USA from the French via the Louisiana Purchase in 1803. The defining of the borders wasn't formalized until it was made an official territory of the U.S. in 1849. For the next nine years, the region developed to become a significant economic force with timber and fur being the primary commodities powering the various factories in the area.

With an estimated population of about 170,000, Minnesota was admitted to the Union on May 11, 1858, people making it the 32nd state. It covers an area of 86,939 square miles making it the country’s 12th largest state in land mass. With the nearly 5.5 million people that call Minnesota home, it is the 21st most populous US state. It is known by various nicknames such as the State of Hockey, the Land of 10,000 lakes, the North Star State, the Agate State, and The Gopher State. The Star of the North is the official motto of this state.

The state is located in the Midwestern part of the United States and shares its borders with the states of Michigan, North Dakota, Wisconsin, Iowa, South Dakota and the country of Canada as well as Lake Superior. This state falls within both the Great Lakes Region and the Upper Midwest Region. Some of the other major lakes in this state include; Leech Lake, Mud Lake, Mille Lacs Lake, and Lake Minnetonka just to name a few.

Minn. is endowed with various preserves, monuments and parks of national importance and which marks various occurrences in the nation. The Voyageurs National Park is one of the major attractions due to its boreal forest, walking/ hiking trails not forgetting the various camp sites. The Saint Croix National River Scenic Riverway is a major recreational site which offers an excellent area for fishing, camping, and boating activities. The Mississippi National River and Recreational Area supports activities such as bird-watching, canoeing, hiking, biking, fishing and boating among many other water activities. The Grand Portage National Monument converses a trading post that was used by the Native Americans of Chippewa origin as they traded with various European merchants. The Big Stone State Park is made up of the Big Stone Lake and its surrounding areas and provides perfect areas for fishing, camping, and hiking.

The city of Saint Paul serves as the state's capital and has several nicknames such as; the Last City of the East, the STP, the Pig’s Eye, and the Saintly City. It is served by major roads such I-94 and I-35E and also the Minneapolis-Saint Paul International Airport which is within its limits. The city of Saint Paul is known for its culture and festivals like the Saint Paul Winter Carnival, which has been hosted for more almost one and a half century.

Residents here have access to a variety of modern schools that offer training across various levels. UMN is the largest public university in this state and has its main campus in the Twin Cities. The other main public universities are the Winona State University located in Winona, SMSU in Marshall, St. Cloud State University in the town of St. Cloud, MNSU in Mankato, Metropolitan State University in St. Paul, and Bemidji State University in Bemidji. There are also major private universities which include the Bethel University and the University of Saint Thomas both located in the city of Saint Paul.

This state has a comprehensive sports program made up teams that play in various major leagues and at the collegiate level. The major teams are the NHL Wild ice hockey team, the MLB Twins baseball team, and the NFL Vikings football team, and the NBA Timberwolves and the Lynx WNBA basketball teams. Various colleges and universities sponsor athletic teams with the most notable one being the Golden Gophers who competes in NCAA Division I. This state also hosts numerous marathons such as Twin Cities Marathon and the Grandma’s Marathon which hosted along Lake Superior. For golfing fans, Chaska is home to the famous Ryder Cup of the PGA Tour.

The State has various museums that help preserve the culture and heritage of the residents of this state. The Bell Museum of Natural History focuses on MN history, plants, and animals and is under the management of the UMN. The Bertha Museum houses memorabilia and local artifacts within a bank that was opened in the early 20th century. The Borgstrom House Museum houses various artifacts of Swedish-American Society. The Cass County Museum digs deep into the history of this state in areas such as the fur trade, transportation, and the lumber industry as well various artifacts from the Chippewa tribe. The Fishing Hall of Fame appreciates those who have made commendable contributions to the fishing industry. The Firefighters Hall & Museum is equipped with historical vehicles, a research library and modern equipment used in firefighting.

The state's economy is diversified and receives contributions from sectors such as farming, finance, food processing, hospitality, retail, healthcare, and education just to mention a few. It has more than 15 Fortune 500 companies who have their corporate headquarters here such as UnitedHealth Group, Target, CHS, Best Buy, 3M, U.S. Bancorp, Ecolab, Supervalu, General Mills, Land O'Lakes, Ameriprise Financial, Xcel Energy, Hormel Foods, C.H. Robinson Worldwide, Mosaic, Thrivent Financial for Lutheran, and St. Jude Medical. Some of the other major Minn. private employers are; Mayo Clinic, Wells Fargo Bank Minnesota, Allina Health System, Fairview Health Services, Wal-Mart Stores Inc., Carbons Inc., Health Partners, and UnitedHealth Group Inc.

When buying or selling a house here, the real estate closing agent will typically use a Warranty Deed to convey the title of the property to the new owner. For the deed to be legally valid, the document must include the property’s exact legal description, which usually comes from language within the property’s original survey. This state primarily follows the Public Land Survey System (PLSS) methodology when surveying the properties. The initial starting point for their PLSS is the Fourth Principal Extended Meridian which uses lines originating from the Illinois-Wisconsin borders.

If you aren’t paying cash for the home and are instead getting a loan to buy the real estate, then understand that this is primarily a title theory state. This simply means that the raw title of the property will remain in a trust until the lien is ultimately paid off. The most common document that is used here to secure the lender’s interest in the title is called a Mortgage.

If for some reason the borrower cannot repay the home loan, then the lender can typically avoid having to go through the court system. They do this by merely starting a non-judicial foreclosure which typically only takes about 90-100 days to complete. However, when necessary, the lender may need to instead go to court and start a more lengthy and costly judicial foreclosure. The laws that pertain to the Minn. foreclosure process are mostly found in MN Statutes in Chapter 580.01 et. seq..

However, if you are a landlord that needs to evict a non-paying tenant, then you would need to reference the Minn. statutes of Chapter 504B instead. Whereas if you are looking to become a real estate agent, then you would just deal directly with the Minn. Department of Commerce, which oversees all the licensing of the agents and most of the implementation and enforcement of the Minnesota Real Estate Laws. Amongst other things, the main requirements to get a real estate license here would be to be at least 18 years old, complete 3 MN real estate pre-licensing courses, successfully pass the written state exam, pass certain criminal background checks, be sponsored by a licensed MN real estate broker, and pay the various required licensing fees.

With all the unique museums, excellent parks, modern schools, and healthy business environment, it’s no wonder why so many residents love calling the state home. Speaking of homes, if you happen to have one that you would like to sell, then we would be honored with the opportunity to purchase it from you. If the speed of selling your home is your concern, have no fear because we can close escrow very quickly. In fact, if you had only contacted Finally Sold ten days ago, your home could have already been Finally SOLD by now.

 

Some of the counties where we purchase properties in this state are: Aitkin | Anoka | Becker | Beltrami | Benton | Big Stone | Blue Earth | Brown | Carlton | Carver | Cass | Chippewa | Chisago | Clay | Clearwater | Cook | Cottonwood | Crow Wing | Dakota | Dodge | Douglas | Faribault | Fillmore | Freeborn | Goodhue | Grant | Hennepin | Houston | Hubbard | Isanti | Itasca | Jackson | Kanabec | Kandiyohi | Kittson | Koochiching | Lac qui Parle | Lake | Lake of the Woods | Le Sueur | Lincoln | Lyon | McLeod | Mahnomen | Marshall | Martin | Meeker | Mille Lacs | Morrison | Mower | Murray | Nicollet | Nobles | Norman | Olmsted | Otter Tail | Pennington | Pine | Pipestone | Polk | Pope | Ramsey | Red Lake | Redwood | Renville | Rice | Rock | Roseau | St. Louis | Scott | Sherburne | Sibley | Stearns | Steele | Stevens | Swift | Todd | Traverse | Wabasha | Wadena | Waseca | Washington | Watonwan | Wilkin | Winona | Wright | Yellow Medicine.

At Finally Sold, we buy most all single family homes in their as is condition. If you happen to have a property that you would like to sell, make sure you call us or fill out our short online form so that you too can once and for all get your property Finally SOLD!

Finally Sold is a national real estate investment company that specializes in helping homeowners sell quick for cash. We are not Realtors® or a real estate agency. We instead purchase houses and real estate for our benefit. No 'Agency' is created when selling a property to us. We are an Equal Housing Opportunity Provider. We do business in accordance to the Federal Fair Housing Law. One or more franchisees of Right Now Capital, LLC and the Finally Sold Brand may be licensed real estate agents.