What Is an Escalation Clause in Real Estate and When Should You Use One?

What Is an Escalation Clause in Real Estate and When Should You Use One?

What Is an Escalation Clause in Real Estate and When Should You Use One?

When you’re deciding on what [price to offer on a home](https://www.realtor.com/advice/buy/the-basics-of-making-an-offer-on-a-house/), the situation might call for a single price or, in some cases, numerous prices via an [escalation clause](https://www.realtor.com/advice/buy/what-is-an-escalation-clause-how-does-it-work-and-when-should-you-use-one/). In a fast-paced, competitive [market](https://www.realtor.com/advice/buy/what-is-a-sellers-market/), having an escalation clause as part of [your offer on a house](https://www.realtor.com/advice/buy/how-much-below-asking-price-should-you-offer-on-a-house/) can benefit the homebuyer and seller alike. But it
Read More

No Comments

Give a comment