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.
This is usually 7-14 days. The seller has no right to terminate the contract during this period...only the buyer. PS-Pending Continue to Show means it is under contract but the seller is still allowing showings for back-up. It does not mean that the contract is any less solid than a property listed as 'Pending'. P-Pending is under contract but not encouraging back-up showings. Usually the choice of 'P' over 'PS' has more to do with the listing agent's SOP than with the property itself. Many foreclosure agents simply mark the property as 'P' when it's under contract.