Making an offer on a house is exciting, but when you know you're competing with other buyers, it's hard to know if your offer will appeal most to the home seller. Buyers can make a more enticing bid ...
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 ...
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, ...
For home buyers locked in a heated bidding war, there is one weapon that may help ensure victory: an escalation clause. It’s an addendum to a real-estate contract, typically when the offer is made, in ...
This sponsored, biweekly Q&A column is written by Andrew Goodman, broker/owner of Goodman, Realtors. Based in Bethesda, Andrew serves clients in Maryland, D.C., and Northern Virginia. Please submit ...
Throughout my career as an investor and real estate broker I have dealt with many escalation clauses. An escalation clause is technique many buyers employ to try to get a house under contract without ...
As the pandemic stretches into 2021, so does the hot seller’s market fueled by limited inventory and historically low interest rates. However, as economic and employment uncertainty complicate bidding ...
A full-price offer with an escalation clause is now common on a newly listed home that is priced right, according to brokers affiliated with Northwest Multiple Listing Service. “Buyers have to be ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. People who have signed contracts with homebuilders recently ...
The housing market in our area is still hot, with many homes drawing multiple offers. To stay competitive with other buyers, our real estate agent has suggested that we include an “escalation clause” ...
This periodic sponsored Q&A column is written by Adam Gallegos of Arlington-based real estate firm Arbour Realty. Please submit follow-up questions in the comments section or via email. Question: Can ...
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