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 ...
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, ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. People who have signed contracts with homebuilders recently ...
In competitive markets, buyers have to do everything that they can to help their offers stand out from the crowd. Sometimes that even means including an escalation clause. If you’ve been wondering ...
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 ...
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 ...
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 ...
Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Charlene Rhinehart is a CPA , CFE, ...
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, ...
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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