Even when sellers don't want to close quickly, the certainty of a JVM pre-approval and close on time guarantee provide the desired security to sellers
No matter how quickly sellers want to close, what they want most is certainty. When sellers accept an offer, they know they will be tying their property up in escrow for some time. They also often have plans to move to another home. Sellers do not want their transactions blowing up at the 11th hour because financing was not 100% guaranteed – this puts enormous stress on them, subjects them to penalties, and can even leave them homeless.
One of the primary criteria sellers consider when evaluating competing offers for their homes is the certainty of a timely closing. JVM's reputation, fully pre-underwritten pre-approvals, and willingness to close very quickly (even when sellers don't want to), all reinforce the "certainty" that sellers look for when deciding which offer to accept.
Another technique buyers can employ to make their offers more enticing to sellers who do not wish to close quickly involves offering a fast close anyway but with a "seller-rent back" after close.
A "rent-back" refers to a situation where sellers rent back the home they just sold from the buyer who just bought the home. This technique is often very enticing because it guarantees a fast close and cash in the sellers' pockets much sooner while also allowing sellers to remain in their former home for up to 59 days (the maximum allowable "rent-back" period) if necessary. Please ask a JVM Team member to elaborate on this technique if you are interested.