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 ...
Bidding wars can happen when a home gets more than one offer. They’re less common nowadays, but can still happen in hot real estate markets. Buyers in bidding wars will ...
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 ...
When it comes to winning out among multiple offers, everything comes down to the seller’s bottom-line proceeds and how quickly they can get them. Anchiy / Getty Images The housing market may be moving ...