What is Forth Landing?
Forth Landing is a service of Teal House Company. It's an approach to real estate that helps homeowners make greater profits from their home by, coordinating/ managing a wide array of home renovations and direct purchases. Forth Landing clients who utilize refresh and sell services, pay nothing until closing. 

 

Why does Forth Landing support homeowners this way?

Based on a belief that housing is a right, Teal House Company created Forth Landing to combat the growing housing crisis. Forth Landing works stabilize housing prices, reduce displacement and slow gentrification by putting the wealth back into the hands of homeowners instead of investors. 

What types of projects does Forth Landing coordinate?
We connect homeowners with renovation solutions that will do any work necessary to get the home sold faster and for more, with no minimums or maximums tied to our pay-at-closing model.

 

Is my home eligible?

If you have 20% in equity that can be created through the proper refreshing and renovations, your home is eligible. During our initial consultation, we will identify areas of improvement.

What locations does Forth Landing service?
Currently we serve Central Virginia and Hampton Roads.

How does Forth Landing make money?
We pay for the home improvement work prior to the sale of the home and then reimbursed from the proceeds of the home sale at settlement. We primarily generate revenue by taking a cut or discount from work that service providers complete on any home improvement project.

How does pay at closing work?

The entire project costs are deferred until the home sells with no upfront deposits, progress payments, fees, interest charges, or credit checks. We simply look at sellers’ equity to ensure there is enough to cover the work

​

Once your project is completed the project and gets paid when the home is sold or one year after the project is started.

What if the budget is more or less than estimated?

We will conduct budget reviews during the course of the project and present you with a cost at the end of the project. If the renovation cost is more, the difference will be applied at once the home sells. If the project is less than the initial budget, that extra will go to the homeowner. 

​

I'm a contractor, how can I work with Forth Landing?

We are always looking to work with quality contractors, to determine if your business is a good fit for our team and learn more about how our contractor partnerships work, you can reach out directly to Damon Harris 

​

I'm a Realtor, how can I work with Forth Landing?

We understand the need to get homes market ready and are available to support licensed Realtors. For more information contact Tarah Harris