In the Metro Atlanta real estate market, the highest offer does not always win. The fastest offer wins. The current industry average for purchase closings is 41 days [Source: ICE Mortgage Tech]. In a multiple-offer situation in Decatur or Buckhead, a 41-day financing contingency is effectively a failed offer.
The Source of Speed: The Southern Legacy Fund
The reason banks are slow isn’t just regulation; it is capital constraints. They have to ask permission from a committee.
“Our focus is solely on the Commercial Lane, leveraging our internal balance sheet,” explains Heather Sharpe, Closing Specialist. “The Southern Legacy Fund represents our Georgia-dedicated capital portfolio. When it comes to Bridge Loans, we make independent decisions and transfer funds directly – no intermediaries, no delays.”
The Regulatory Firewall
Because our loans are strictly for Business Purpose (Non-Owner Occupied), we are exempt from TRID regulations.
This provides a significant speed advantage:
- No 3-Day mandatory waiting periods for Closing Disclosures (CD).
- No Right of Rescission delays.
- No TILA-specific disclosure lag.
The Strategy: Be the Cash Buyer
Smart agents use our 10-Day Bridge Loan to mimic a cash offer. Here is the winning formula:
Write: A contract with a 10-Day Closing and 0 Financing Contingencies.
Win: Secure the asset with Southern Legacy Fund capital.
Refinance: Transition into a 30-year DSCR loan post-closing.
Don’t Lose Another Deal to a Cash Buyer
Equip your client with the speed of the Southern Legacy Fund.
- Step 1: Gather your deal parameters (Property Address & Contract Price).
- Step 2: Email Heather@InvestorUnderwriting.com to request a “10-Day Term Sheet.”
- Step 3: Mention the Southern Legacy Fund for expedited local processing.
Get Pre-approved For Funding Your Real Estate Project: START BELOW:
Simple, Easy Process. No Hassle – No Obligation. We’ll Call You Today to Begin.