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When the bank's calling, the PCS orders just came in, the divorce decree set a deadline, or you've already started your new job in another state — every week you spend prepping for a traditional listing is a week you don't have. We exist for sellers who need to be done, not for sellers who want to maximize every dollar.
You tell us about your home today, you get a written cash offer tomorrow. Compare that to a traditional listing: 1-2 weeks for prep and photography, days to weeks of showings, then 30-45 days under contract waiting on the buyer's bank. The first offer in a traditional sale comes weeks after listing — ours comes in a day.
If you're facing a foreclosure auction date, a PCS report-no-later-than date, a court-ordered divorce settlement deadline, or a new-job start date in another state — we can close in a week. The constraint is usually just title work, not us. Tell us your deadline and we'll work backward from it.
Most of the time a traditional sale loses is the financing chain. Buyer finds your house, makes an offer, then needs 30-45 days for their bank to underwrite, appraise, and clear conditions. We skip all of that — there's no bank involved, no appraiser, no inspection contingency. The sign-to-close window is just the title company's calendar.
Why fast usually means cash
In Hampton Roads, the average traditional listing takes 45-90 days from list date to closed sale. That's not the worst case — that's the median. The fastest traditional sale typically still runs 30 days, and the slowest can stretch past 120 if a buyer falls through.
The single biggest delay isn't pricing or staging — it's buyer financing. A typical buyer needs 21-30 days for their mortgage to clear underwriting, plus another 5-10 days for the appraisal to come back. If the appraisal comes in low, you re-negotiate the price (more delay). If the buyer's loan gets denied (it happens), the deal collapses and you restart the clock.
A cash buyer skips the entire financing chain. There's no bank, no appraiser, no inspection contingency that lets the buyer walk away three weeks in. The only timeline that matters is how fast the title company can finish title work, lien searches, and prepare the deed — typically 7-21 days in Virginia.
That's the trade. Selling fast almost always means selling for cash. The question is whether the speed is worth the price difference for your situation. For the sellers below — usually yes.
Real situations, real deadlines
The auction date is on a specific Tuesday and you found out about it 30 days ago. A traditional sale won't close in time. A cash sale closed before the auction stops the foreclosure and preserves the equity that would otherwise go to fees and the lender. More on foreclosure →
Report-no-later-than dates don't move. We've closed for active-duty Navy and Marine Corps families in 9 days more than once. If you can't carry a mortgage in Hampton Roads from your new duty station — or your new BAH won't cover both — we can be done before you fly out. More on PCS / relocation →
Court-ordered settlement timelines, combined with the emotional cost of dragging a sale out. Many of our divorce sellers want this finished and split — not optimized over 90 days of showings while they're living apart. More on divorce →
Starting a new job in another state next month and can't carry two mortgages while waiting for a traditional buyer. Selling fast means you don't have to bridge-loan or eat double housing costs.
Every month the inherited home sits empty is utilities, insurance, taxes, and risk. We've bought inherited Hampton Roads homes from siblings who all live out of state and just want this done. More on inherited property →
"When the bank's calling, when PCS orders come in, when life moves faster than the MLS — we close on your timeline. That's the whole job."
Our fastest closings have been 7 days. Most sellers pick 10-21 days because that gives time to plan a move. Once you sign our offer, the closing date is firm — there's no financing or appraisal contingency to slow us down. Title work and the wire transfer happen on the day we close.
For us, fast means 7-21 days from accepted offer to wired funds. A traditional Hampton Roads listing averages 45-90 days from list date to closed sale — and that's after you've spent 2-4 weeks prepping the home. So selling fast through us is typically 4-10x faster than a traditional sale.
Compared to a fully repaired, fully marketed listing? Yes — usually a 20-30% spread. But the math has to include what a traditional sale actually costs: 6% commission, 2-3% closing costs, $5-20k in repairs and prep, 2-4 months of carrying costs (mortgage, insurance, utilities, taxes), and the risk that a contract falls through at the financing stage. For many sellers, fast cash actually nets close to what a traditional sale would after all of that. We'll run both numbers for you — we're also licensed agents, so we have no incentive to push you toward the lower number.
Yes. Major repairs are actually the situation cash buyers exist for. We've bought homes with foundation issues, roof damage, mold, fire damage, hoarding situations, code violations, and unpermitted additions. You don't fix anything. We close on it as-is.
6 days, for an active-duty Navy family with PCS orders. They submitted the form on a Wednesday, we walked the home Thursday, signed Friday, and closed the following Tuesday. The funds wired to their account before they got on the plane. Most fast closings are 7-10 days because of title-work realities, not because of us.
Yes, if you contact us this week. The closing has to happen before the auction date. Three weeks is tight but workable — we've done it many times. The faster you call, the more options you have. If we can't help (rare), we'll tell you immediately so you can pursue other paths.
Hampton Roads — and only Hampton Roads
Every Hampton Roads city. We know the title companies, the city offices, and the local foreclosure timelines because this is 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.
When the timeline is real
30 seconds to tell us about the home. Written offer within 24 hours. Close on your deadline — tell us when you need to be done and we'll work backward from it.
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.