Get a real cash offer for your Hampton Roads house — in 24 hours.
Google rated
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1,100+ homes sold
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Licensed VA Agent
Or call (757) 347-8487
Or call (757) 347-8487
If you've been searching for "cash for my house" in Hampton Roads, you've probably gotten yard signs in your mail, lowball calls from out-of-state numbers, and offers that change after the inspection. We do it differently: a real written cash offer, the math shown line by line, and a local team that has bought 1,100+ Hampton Roads homes since 1990.
Within 24 hours we send a written purchase agreement with the price, the closing date, and our proof of funds. You can show it to your attorney, your spouse, or anyone else before signing. We don't quote a range over the phone and then reprice you at the inspection. The number you see is the number we close on.
"Cash" doesn't mean we show up with a briefcase. It means there's no bank, no mortgage underwriter, and no appraiser standing between you and the money. Closing happens at a Virginia title company. The title company wires the funds to your account that day. Most deals close in 7-14 days.
We pay all standard closing costs. No agent commissions (we're buying directly, not listing). No "service fees" deducted after the fact. No surprise repair credits at the closing table. The cash offer you sign is the amount the title company sends you.
How the math works
Every cash offer we make is built from the same formula. We share it openly because we'd rather you understand the number than feel pressured by it.
The formula: After-Repair Value (ARV) × 70% − estimated repairs − holding & closing costs = your cash offer.
A real example. Three-bedroom ranch in Norfolk near Naval Station. Comparable updated homes are selling for $300,000. The home needs a roof, HVAC replacement, and cosmetic updates — about $40,000 in work. Holding costs and standard closing costs add another $9,000 before we resell.
The 70% multiplier covers our profit margin and the risk we take. We have to budget for surprises (a hidden mold issue, a tax lien, a slower-than-expected resale). If everything goes perfectly we make a fair return. If we hit problems, the math still works — for us and for you.
When we walk you through your specific offer, we share the comps we used, our repair estimate, and the holding cost assumption. If you disagree with any line, we talk about it. We've adjusted offers when sellers showed us comps we missed or proved a repair was lighter than we estimated.
No financing, no contingencies
When a traditional buyer says they're "qualified for a mortgage," there are still about 30-45 days of work standing between you and a closed sale: appraisal, underwriting, condition contingencies, title review, repair negotiation. Any one of those steps can blow up the deal.
A cash offer skips all of it. We don't need an appraiser to tell us what your house is worth — we already decided. We don't need a bank to approve the loan — there's no loan. We don't need the inspector's blessing — we know we're buying as-is.
At closing, the Virginia title company we use (we'll recommend one but you can choose your own) handles the deed, the title insurance, the recording with the city, and the wire transfer to your account. From the moment you sign at the closing table, the funds typically land in your bank within 1-3 business hours.
"Most cash buyers won't show you the math. We do — line by line, before you ever commit. If the offer doesn't make sense, you should be able to see why."
You give us the address and a few details about the home (takes about 30 seconds). Within 24 hours we send a written cash offer based on a clear formula — roughly 70% of after-repair value minus our estimated repair cost. If you accept, we pick a closing date (as few as 7 days), and a Virginia title company wires you the funds at closing. No repairs, no showings, no commissions.
Typically 70-75% of what your home would sell for fully repaired and listed on the MLS, minus our estimated repair budget. The exact number depends on your home's after-repair value, the work it needs, and current Hampton Roads market conditions. We always walk you through the math line by line so you can see exactly how we got there. If we missed a comp or overestimated a repair, show us and we'll adjust.
A real written offer, every time. Most cash buyers throw out a verbal range over the phone to see if you bite. We send a written purchase agreement with the price, the closing date, and our proof of funds. You can show it to your attorney, your spouse, or anyone else before signing.
Closing happens 7-21 days after you accept, depending on the timeline you want. At closing, the title company wires the funds to your account or hands you a certified check that day. There's no financing contingency, no appraisal contingency, no waiting on a bank — so once we sign, the closing date is the closing date.
The offer is the amount you walk away with. We pay all standard closing costs. There are no agent commissions because we're buying directly, not listing. No inspection deductions after the fact (we know what we're buying when we make the offer). No hidden fees.
A wholesaler doesn't actually buy your house — they put it under contract and try to assign that contract to a real investor for a fee. Many deals fall through. An iBuyer (Opendoor, Offerpad) is an out-of-state company that gives you an algorithm-generated price, then deducts repair costs and service fees after inspection — and they don't operate consistently in Hampton Roads. We are the actual buyer. We close with our own money through Friend in Realty LLC. We don't assign, we don't reprice, we don't wholesale.
Hampton Roads — and only Hampton Roads
We buy in every Hampton Roads city. We don't buy out of state. We don't buy in Richmond, NoVA, or Roanoke. We know this market because it's the only market we work in.
We also buy in the Outer Banks NC, Northern Neck VA, and Virginia's Eastern Shore — call us if your property is just outside Hampton Roads and we'll let you know.
Ready when you are
Takes 30 seconds to tell us about your home. You'll have a written cash offer within 24 hours. If you'd rather talk first, call — we answer the phone.
Dual role: Barry Jenkins is a licensed Virginia real estate agent with LPT Realty. Cash offers presented through this site are made by Friend in Realty LLC, a company in which Barry has an ownership interest. When acting as a direct purchaser, Barry is acting as a principal in the transaction — not as your agent — and does not owe you fiduciary duties in that capacity. Sellers always retain the right to list with the agent of their choice, including listing with Legacy Home Team on the open market.
Brokerage: Legacy Home Team is a team of real estate professionals affiliated with LPT Realty, LLC. Our brokerage office is located at 1545 Crossways Blvd, Suite 250 #242, Chesapeake, VA 23320.
Equal Housing Opportunity. All offers are presented in writing. You are under no obligation to accept any offer. Read our full "How We Work With You" disclosure.