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.
Short Sales tend to be a better deal for the homeowner than for the Buyer. You'll wait MONTHS for the homeowner's Lender to approve the short sale; maybe as long as Six or Seven Months.Meanwhile, you're stuck in a contract to buy that home.o my perspective is from the inside as the owner, not the real estate agent. On my properties, it varied by the bank and by the type of property. When you ask, how long does it take to close a short sale, I can say, it you have an agreed upon price, the closing is just about like any other.