Chase already updated its overdraft policy in 2010 to eliminate overdraft fees if an account is overdrawn by less than $5 at the close of a business day -- a policy that other banks, including Wells Fargo (WFC, Fortune 500), have as well. Chase also began processing transactions chronologically.
Jster, Escrows can be as short as a week for a cash transaction to several years for large land deals. However, right now the average length is 30-45 days. Sometimes they are pending for a long time because the sale is contingent on the buyer selling another home.Sometimes it is because there is trouble securing financing, or there is an issue with the condition of the house. If you have a question about a specific sale I could ask the agent for you.ster, Escrows can be as short as a week for a cash transaction to several years for large land deals. However, right now the average length is 30-45 days. Sometimes they are pending for a long time because the sale is contingent on the buyer selling another home.
Typically, the buyer has a week or two to do the inspection and a few weeks to get an appraisal and loan. During this period, the seller canât enter into an agreement with another buyer, even though the sale hasnât closed. This means another interested buyer could make a âback-upâ offer. That way, if the first offer collapses, the seller has a back-up offer ready to go. A True Home, Pending Sale. A pending sale has had all contingencies removed.