Frequently Asked Questions
Selling your Hampton Roads home for cash should be simple. Here are straight answers to the questions homeowners in Virginia Beach, Norfolk, Chesapeake, Hampton, Newport News, Portsmouth, and Suffolk ask us most often.
How fast can you actually close on my house?
Most of our cash purchases close in seven to fourteen days from the day you accept our offer. Because we are paying cash and not waiting on buyer financing, we are not stuck in mortgage underwriting, appraisal contingencies, or lender delays. If you need to close faster (we have closed in as little as five business days for sellers facing foreclosure auctions or job relocation), tell us up front and we will adjust the timeline.
What condition does my house need to be in?
Any condition. We buy houses as-is in Hampton Roads. That means you do not need to clean, paint, replace appliances, repair the roof, or fix anything before we close. We have purchased homes with fire damage, foundation problems, code violations, hoarding situations, water damage, and tenant occupancy. The condition is factored into our offer, but it is never a reason for us to walk away.
Will I pay any fees, commissions, or closing costs?
No. There are no agent commissions, no listing fees, no marketing costs, and we cover the standard seller closing costs. The number we offer is the number you receive at the closing table. If you are comparing our offer to a traditional sale, remember that a Realtor sale typically subtracts six percent in commissions plus another one to two percent in seller closing costs and concessions.
How do you decide what to offer for my house?
We start with the after-repair value of your home in your specific neighborhood, subtract the repairs and updates the property needs to compete on the open market, subtract our holding and resale costs, and subtract a fair return for the risk we take on. The result is a transparent cash offer we will walk through with you line by line.
What if I owe more than the house is worth or I am behind on payments?
We work with sellers facing pre-foreclosure, tax liens, divorce, probate, and underwater mortgages every week. In some cases we can negotiate a short sale with your lender. In others, the cash offer is enough to clear the loan and put a few thousand dollars in your pocket.
How is selling to you different from listing with a Realtor?
A Realtor lists your home, markets it to retail buyers, schedules showings, negotiates offers, and waits on financing. That works well when your home is move-in ready and you can wait sixty to ninety days. We do the opposite: we buy directly, in any condition, on your timeline, with no showings, no inspections that kill the deal, and no buyer financing falling through.
What cities do you buy in?
We buy houses for cash across all of Hampton Roads, Virginia: Virginia Beach, Norfolk, Chesapeake, Suffolk, Portsmouth, Hampton, and Newport News. We also handle properties in Smithfield, Williamsburg, Yorktown, and the surrounding York and James City County areas.
Is there any obligation when I request an offer?
None. Requesting an offer costs nothing, commits you to nothing, and stays confidential.