Selling a Minneapolis home as-is is one of the fastest ways to close — but the city's Truth in Sale of Housing ordinance still applies. Here's how to do it without surprises.
Can you sell a house as-is in Minneapolis?
Yes. There's no rule against selling as-is. "As-is" simply means the seller is unwilling to make repairs as part of the negotiation — the buyer accepts the property in its current condition.
Do you still need a TISH report?
Yes. Minneapolis Chapter 248 requires a TISH evaluation before anyresidential sale, regardless of how the property is marketed. As-is doesn't exempt you. The required repairs identified in the report still need to be completed within 90 days of closing — but the buyer can take responsibility for them in writing.
Get your TISH report analyzed in 90 seconds
Upload your Minneapolis TISH PDF and receive a full repair ROI breakdown, seller compliance PDF, and investor one-pager — instantly.
Analyze my TISH reportWhat "as-is" means legally in Minneapolis
Legally, "as-is" only limits the negotiation — it does not waive the seller's obligation to disclose known defects, and it does not waive the TISH ordinance. A buyer who agrees to as-is is agreeing not to ask for repairs or credits, but they're still entitled to inspect the property and back out if something material wasn't disclosed.
Seller credit strategy: the smart alternative to repairs
Instead of fixing every RRE item before listing, many Minneapolis sellers offer a closing credit — typically 100–125% of the estimated repair cost. Credits close faster than repairs, avoid contractor delays, and let the buyer choose their own scope. TopDollarReport calculates credit-vs-repair recommendations automatically from your TISH PDF.
Which buyers consider as-is properties?
- Cash investors and small landlords
- House-hackers buying duplexes
- Flippers and BRRRR investors
- Renovation-minded owner occupants using 203(k) loans
How to price an as-is property
Start with an ARV (after-repair value) for the neighborhood, subtract the full repair budget, and subtract another 5–10% to compensate the buyer for the risk and project management. The TopDollarReport investor one-pager does this math for you and includes cap rate and cash-on-cash projections to make the listing investor-ready.
As-is sale checklist for Minneapolis sellers
- Order a TISH evaluation
- Generate a repair ROI analysis (TopDollarReport)
- Decide repairs vs credits per item
- List with "as-is" clearly stated in the MLS remarks
- Provide the TISH PDF and seller compliance summary up front
- Use the buyer-acknowledgment form for any unfinished RRE items