They do not understand that on the day it is supposed to close, people need to move and may just have a moving truck filled with all of their belongings.
That is one reason why buyer should call me.
Escrow can take some time. If it's a short sale the escrow opening would depend on when you have lender approval. Escrow doesn't usually open until both buyer and seller have signed off on all the purchase agreement. If it's an REO it is subject usually to final bank approval which can be slow.
The Carrabba Group
Keller Williams Hollywood Hills
It's hard to answer that question just on your post.
What are you waiting for - appraisal, approval?
On a general note escrows are taking longer because the financing process is taking a lot longer.
The new appraisal guidelines have doubled the time required to 10-14 days, instead of a week. Underwriting guidelines have been tightened, so loan officers jump through more hoops to get you approved and keep the Underwriter happy.
In terms of a short sale, the negotiators have hundreds of files so they just work on those that are on fire.
Feel free to post more specifics.
BTW, I'd start with your Realtor. They should know the facts.