Sellers will be far more likely to immediately accept your offer, even if that offer is for less than list price, because you're giving the seller peace of mind that her home is sold. She can take her residence off the market and place it into pending status with confidence.

* Enjoy a Faster Closing Period

Because there is no window period while your loan application is processed, the lender can speed up the entire processing procedure. Appraisals can be ordered immediately. It is possible to shorten a 30-day closing to two or three weeks, which comes in handy if a seller needs to quickly move and can't decide which provide to accept. Yours will move to the front if you can accomplish the seller's need to quickly close.