An escalation clause is "whatever the highest offer is I'll pay you more. " It presumes that price is literally the only thing that matters.Often the Escalation Clause will also include language that the seller has to show the buyer a copy of the other offer as proof that it exists. An escalation clause is essentially a clause that you add to the contract either to your original contract or to a potential counter offer. An escalation clause automatically increases the amount you're offering for a home when a higher bid comes in. An escalation clause is triggered when the seller has proof of a bona fide offer from another buyer. An escalation clause is an addendum to an offer on a property, stating a buyer's willingness to increase their bid if the seller receives a competing offer. An escalation clause says you'll go X amount over and above any higher offers a seller might get up to a level that you set.

House Offer With Escalation Clause In Oakland

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