I would think you would have issues with grabbing the ball with the approach you have. You really only have a three step approach. Your approach to me is too fast and that makes you lose your balance a bit at the line. I would work on your first step in getting a bit longer so you dont feel so rushed in getting the ball back into your swing.

Matt,
I don't think the timing is bad. You drop the ball in to the swing quickly, but starting the ball late compensates fine.
It appears you are squeezing the ball too much. That is likely a grip issue. The extra squeeze is causing your shoulder to tighten, which in turn makes you swing with your hips instead of more freely from the shoulder.
For the balance trouble, notice your first step. You step too far left out of the shot. At the line you are just catching yourself to regain balance. the lack of balance throughout zaps your leverage.

Joe