Should You Bid on a House Using an Escalation Clause?

by Renee Fregenal

The current short supply of available homes coupled with low-interest rates has led to competitive bidding wars over properties. This sometimes prompts buyers to add an escalation clause to their offer on a house. What is an escalation clause, and should you use one? What is an escalation clause? An escalation clause or addendum may […]

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Andres Aviles
Andres Aviles

Agent | License ID: MLS: 0680266 | NMLS: 2640511

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