In a competitive housing market, bidding wars are common, and buyers need every advantage they can get. One tactic that’s become increasingly popular? The escalation clause. This stipulation ...
In a hot housing market, crafting the perfect offer can greatly improve your chances of getting the house you want. Homebuyers are often asked to submit their "highest and best" offer when making a ...
In rebounding real estate markets where home sellers frequently get multiple offers, some buyers rely on an old tool: the escalation clause. An escalation clause is designed to edge out competing bids ...
Escalation clauses are often used to facilitate the creation of long-term contracts as wages or prices fluctuate over time. In these contract negotiations, the Consumer Price Index (CPI) is one of the ...
When buying or selling a home, real estate contracts include clauses or designated sections in purchase or financing agreements. Each clause is important, but there are four primary clauses that ...
From waiving inspections and financing contingencies, to free leasebacks and uncapped escalation clauses, real estate agents say that buyers in Rhode Island are willing to do almost anything to get ...