Cava Buys is a Virginia-based cash home buyer that buys all types of properties as-is. They have a proven track record of buying downsized properties, distressed homes, and houses from inheritances – within just 7 days and cutting down on your headaches of traditional property listings.
The company claims to purchase your home in any condition, without you having to worry about repairs & upgrades, hidden agent commissions, and hefty closing costs. According to their website, they also allow you to choose any preferred closing date minus the hassles of selling your home.
However, as with any cash home-buying company, you may not get full equity in your property. You typically get only 50% to 70% of your house’s market value. This comprehensive Cava Buys review will take you deeper into understanding if it is worth working with this company to sell your house fast.
“We Buy Houses for Cash! Call 999-999-9999.” You might have seen these types of signs all over Richmond, from billboards to street corners and community bulletin boards. And the temptation seems irresistible, right? As you dig deeper, you may come across ‘Cava Buys’ and wonder if the company is legitimate. Do they really buy properties as-is with lucrative cash offers?
Cava Buys is a subsidiary of Cava Companies, LLC, a real estate investing company. It is a BBB-accredited company with an A+ rating and has over 17 years of experience in Virginia’s real estate market. Although Cava Buys is not yet BBB-accredited, it operates legitimately under its mother company. They have also listed their company address and contact number on their website, which is also a good sign of their legitimacy.
Cava Buys claims to purchase all types of houses in Virginia, whether it is in perfect condition or a complete fixer-upper. Below are some types of properties they buy:
Cava Buys purchases properties all over Virginia, including Richmond, Chesapeake, Virginia Beach, Norfolk, Chesterfield, Midlothian, Williamsburg, West Point, Henrico, and other nearby areas.
As the cash home buying company claims, they strive to make the process of selling homes a fast and hassle-free experience for homeowners. According to them, the entire process may take just seven business days or you may pick your own timeline.
That sounds good, but here is a quick rundown of how things work when you consider selling your house with Cava Buys.
When you put up your property for sale with a cash home-buying company like Cava Buys, you’d be wondering how much they will offer you in cash. Cava Buys have not specified any particular amount of cash offer they make. It varies on a case-to-case basis depending on your property value and present market conditions.
Typically, home buyers like Cava Buys offer between 50% and 70% of the present equity on your property. So suppose the present market value of your home is $400,000, then you may expect a cash offer anything between $200,000 @50% of the property value or $280,000 @70% of your property value.
If you are looking for a hassle-free way to sell your home and get fast cash, then the cash offer from Cava Buys can be your best bet. Alternatively, you can shop for higher returns with other companies.
Coming to reviews, Cava Buys has a 4.3-star rating out of 5 on Google with 13 reviews. Many clients have appreciated the responsiveness and professionalism of their team. However, some reviews emphasized that the company typically makes a cash offer below the market value. A few clients have also mentioned that Cava Buys has paid them a significantly lower amount than what was offered initially.
I cannot say enough about Cava! From the first call to the time I found my new place they were helpful and made the process an absolute breeze and they gave me A better offer than any other homebuyer! THANK YOU CAVA
Cava home buyers were pleasant to work with. Very responsive when I had questions (I have a lot) and made this process smooth!
Was impressed by the team of professionals that we worked with. Knowledgeable about the current real estate market and had an answer for every question!! Highly recommended!!
I would absolutely recommend Cava Home Buyers. They were very easy to work with and very professional.
Kristina helped me when I had been let down by so many others. She was professional and made the transaction super fast and easy. I had lost faith that I would ever be able to get my house sold. She did it lightning-fast and kept me informed at all times to put my mind at ease. Would highly recommend!!!!
Cava Home Buyers is a phenomenal company to work with. Their team takes care of their clients and pays attention to the details. Their expertise and experience allow them to truly reach the best solution for their clients. I would highly recommend using Cava Home Buyers for any of your Real Estate needs!
The team at Cava knows how to make the selling of a home a piece of cake. The team is knowledgeable beyond belief. Absolutely loved my experience with Cava Home Buyers
Before deciding on selling your home to Cava Buys for quick cash, check out these pros and cons.
✔️Sell your house as-is: Cava Buys purchases properties in Virginia as-is. So, whether your home needs major upgrades or facing foreclosure, they will make you a cash offer and buy it without any hassles.
✔️Cash offer in less than 24 hours: The company claims to make a cash offer in less than a day, ensuring you fast cash for your needs.
✔️Quick closing: As mentioned on the website and according to some reviews, Cava Buys closes a sale in less than 7 business days. You also get to choose a timeline suitable to your needs.
✔️No upfront fees: When selling your home to Cava Buys, you do not need to worry about hidden agent’s commission, property listing fees, closing costs, etc.
✔️Zero hassles: One of the good things about this company is they purchase properties as-is. It means you do not have to spend time and money making necessary repairs or showing your property.
❌Limited service coverage: A limitation of this company is they provide services only in Virginia.
❌Not adequate cash offers: As per various reviews, Cava Buys usually makes a cash offer below the fair market value of your property.
❌Limited scope for negotiation: Since they tend to buy homes as-is, you are not in a good position to negotiate their cash offer. So, you get what they think is right for your property.
If you are not sure if Cava Buys is the right choice for you, you might consider other cash home-buying companies serving Virginia. So, where does Cava Buys stand in comparison to its competitors? Let’s check it out here.
HomeVestors is a U.S.-based network of real estate investors who want to buy distressed properties against fast cash. The business model is similar to that of Cava Buys – they also make a cash offer of around 50%-70% of your property’s fair market value. However, the difference lies in their closing timeline and coverage.
Unlike Cava Buys, HomeVestors purchases properties all across the U.S. But they have a huge closing timeline of 3 weeks, whereas Cava Buys claims to close the sale in just 7 days.
Houzeo isn’t a cash home-buying company like Cava Buys, but similar in a way that it is a For Sale by Owner (FSBO) marketplace online. You can enlist your home on their website, where multiple cash buyers can see it and make cash offers. So, you have the flexibility to compare and negotiate offers efficiently.
While you get access to multiple cash offers and scope for negotiation, Houzeo’s closing timeline is typically higher – between 2 and 60 days. Additionally, you will be required to pay a hefty fee of $399.
Advantage Homebuyers of America is a Virginia-based cash for home company that helps homeowners sell their property for cash. The company is not accredited by the Better Business Bureau, however, they do have a fairly consistent online presence with solid reviews.
Kristina helped me when I had been let down by so many others. She was professional and made the transaction super fast and easy. I had lost faith that I would ever be able to get my house sold. She did it lightning-fast and kept me informed at all times to put my mind at ease. Would highly recommend it!!!!
Cava Home Buyers is a phenomenal company to work with. Their team takes care of their clients and pays attention to the details. Their expertise and experience allow them to truly reach the best solution for their clients. I would highly recommend using Cava Home Buyers for any of your Real Estate needs!
The team at Cava knows how to make the selling of a home a piece of cake. The team is knowledgeable beyond belief. Absolutely loved my experience with Cava Home Buyers
Not sure if you should sell your home for fast cash with Cava Buys? Here are some alternatives you might consider.
If you are looking for quick cash to meet a contingency or you have a dispute on your home, selling it to Cava Buys can be a viable option. They are also worth your time if you do not want to spend additional money in listing your property, getting it inspected, or paying for major repairs – Cava Buys will buy your home as-is.
However, you should also consider the downside that they will pay only 50% to 70% of your home’s fair market value. If you are happy with that cash offer, you can definitely go with Cava Buys.
Cava Buys Reviews: Frequently Asked Questions
Q. Is Cava Buys legitimate?
Yes; Cava Buys is a subsidiary company of Cava Companies, LLC, that has been helping homeowners get their bothersome homes off their shoulders. The company is in operation since 2007.
Q. My property has building code violations. Will Cava Buys purchase it?
As the company claims, they buy homes as-is. So, even if your property does not adhere to U.S. building codes, Cava Buys will purchase it against a cash offer.
Q. Is it compulsory for me to accept the cash offer they make?
No; Cava Buys makes a no-obligation cash offer based on their inspection of your property. If you do not find it a good fit, you can consider other options.
Address: 2405 Westwood Ave, Suite 200, Richmond, VA 23230
Phone: (804) 215-0631