Need to Buy a Home in a Hurry?


It’s not unusual for us to encounter buyers who want to close on their home ASAP. There are plenty of possible reasons for this. Maybe they need to get the ball rolling before their current lease is up. Maybe they are relocating for work, and want to get settled in promptly. Or maybe they’re just eager to enjoy the benefits of homeownership.

No matter the reason, these folks want to close on their new house without any delay. The unfortunate news here is that closing on a mortgage will usually take 30 days or more, and there can often be delays—snafus with the inspection, appraisal, paperwork, etc.—that cause the timetable to change.

With that said, there are some things you can do to keep the process moving along as quickly as possible.

How to Close on a Home Quickly

Here are some of our tips.

Work with a really good agent. Of course, we think this is always important! It can be especially helpful when you want to get things done quickly, though. An experienced agent will be able to help you hone in on a good home that fits your needs, and also assist in expediting some of the paperwork and other processes. It’s definitely a good thing to have an agent on your side.

Have a narrow focus. When time is of the essence, you don’t necessarily want to waste it looking for homes that probably aren’t going to work out. What you really want is to have a narrow, specific set of parameters—total number of rooms, general location, square feet, etc.—and ensure that your agent is only taking you to homes that fit the bill.

Get pre-approved for a mortgage. Trust us, getting pre-approved early in the process will really expedite your mortgage approval process down the line. Unless you plan to pay for your house in cash, this is really a vital step for you to take.

Look for motivated sellers. When a listing has already had a few price drops, that usually means the seller is eager, if not desperate, to move on. These homes can provide you with good opportunities for quick, easy negotiations. Ask your agent for help spotting these homes.

Don’t lowball your offer. If you really want to save time, don’t bother with an offer you know won’t get accepted. Make a solid offer from the get-go, and avoid a lot of needless back-and-forth negotiation.

Be flexible. Earlier we said to have a narrow focus with regard to your non-negotiables—but if you truly want to reach a deal quickly, you may have to compromise on some of the little things. Are you really going to go back to the drawing board because your dream home is marred by pink carpet, or by an HVAC that’s older than you’d hoped for? If you really want to close quickly, the answer is probably not.

Start Looking Today

With that said, it’s time to get looking! Find the Charlotte, North Carolina house that’s right for you, and close quickly, with a little help from the Minges Cline team!