Escalation clauses incrementally increase your offer on a home if the seller receives higher bids, up to a maximum price. Including one in your purchase offer can help you stay competitive without ...
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 ...
Kim Porter began her career as a writer and an editor focusing on personal finance in 2010. Since then, her work has been published everywhere from Forbes Advisor to U.S. News & World Report, Fortune, ...
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 ...
Robert Kelly is managing director of XTS Energy LLC, and has more than three decades of experience as a business executive. He is a professor of economics and has raised more than $4.5 billion in ...
An escalator clause, also known as an escalation clause, provides for changes in cost of living so that the buying power of an agreed-upon wage does not decline over time with inflation. Escalator ...
The summer of 2021 was a time of high anxiety when many contractors faced surging steel prices and lacked the protection of contract material price escalation clauses. Remember 2019? That’s when ...
Tariffs, trade tensions and material cost escalations are more than just headlines—they are challenges that contractors face every day. In our recent Q&A webinar, we tackled contractors’ pressing ...
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 ...
Creating a strong purchase offer is critical when you’ve found a home you want to buy. Essentially, you want to tell the seller you’re both qualified and serious about buying the home. In some cases, ...
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