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.
Most federally related mortgage loans can close within 30 days. Special first-time home buyer programs, particularly those involving help with the buyer's down payment, might take 35 to 45 days to close.These special loans typically require approval from two underwriting processes. buyer and seller can agree to an earlier closing date in the purchase contract, but if the lender can't perform during that time window, it doesn't really matter which date is selected, because it's not going to close on the date the buyer and seller specify.