Minnesota real estate: buy or sell with a local AXEN agent
Minnesota sellers give property, well and radon disclosures, the seller usually pays a 0.33% deed tax, and winter shapes every inspection. Here is what is the same everywhere in Minnesota, and our local guide for each city.
What every Minnesota buyer and seller should know
Seller disclosures
Sellers give a property disclosure, a well disclosure and a radon disclosure.
Deed tax
The state deed tax is 0.33% of the price, usually paid by the seller.
Mortgage registry tax
Buyers with a loan pay a separate mortgage registry tax.
Radon
Radon is common. Test during your inspection.
Homestead
If it is your main home, apply for homestead status with the county.
Winter
Check the roof, furnace, ice dams and basement moisture.
AXEN Realty in Minnesota
Every AXEN agent in Minnesota works under a licensed managing broker: Larry Klecker (license 41012263). See every state on the state brokers page.
Buying? Start with the home buying guide and get pre-approved.
Selling? Read the home selling guide and get your home value.
Moving here? Read buying in a new state.
Minnesota real estate questions
What disclosures do Minnesota sellers give?
Most sellers give a property disclosure statement, a well disclosure and a radon disclosure.
What is the deed tax in Minnesota?
Minnesota charges a state deed tax of 0.33% of the sale price, usually paid by the seller. Buyers with a loan pay a separate mortgage registry tax.
Should I test for radon in Minnesota?
Yes. Radon is common in Minnesota homes. A test during your inspection is inexpensive.
Does it cost anything to talk to an AXEN agent in Minnesota?
No. Talking with an AXEN agent about buying or selling in Minnesota is free.