You do not have a contingency to sell your current house first, there is no financing contingency as we give you a proof of funds letter and of course you can close quicker because there is no financing contingency as we are the lender and underwriter.

Once we give you the proof of funds letter you are done with underwriting besides the house related items like appraisal, title and insurance. So, we can move very quickly. So, those three things are all major pluses for sellers and should beat out another offer with the same or maybe even slightly higher net to the seller.