3 tips to shorten time to close on a property
1- Get pre-approved, not just pre-qualified A pre-qualification is just a quick conversation with a lender who may glance at the borrower's credit score. However, a pre-approval is a more thorough review of their credit history.
2- Don't make lowball offers. A strong offer doesn't have to meet the full list price — but it may mean vowing to make a larger down payment, offering up more earnest money, or accepting an early closing date.
3- Put paperwork in order, Even with a pre-approval, buyers will still need paperwork to finalize the transaction, and having it ready up front could save time.