Category: THE REAL ESTATE TRANSACTION FROM A to Z
WHAT IS AN ESCALATION CLAUSE? | Debbie Dawson REALTOR®
An escalation clause can help homebuyers win bidding wars – especially in a seller’s market. A low inventory of homes for sale in the U.S. right now means that buyers are getting creative when shopping for their dream home. In a competitive seller’s market, one popular strategy to help win a bidding war – when […]
Financing Contingency vs Appraisal Contingency | Debbie Dawson, REALTOR®
By Joel Maxson – If a contract includes both a financing contingency and appraisal contingency, where does one end and the other begin? There’s substantial overlap in the two contingencies, but they have very different rules. ORLANDO, Fla. – When buyers negotiate a contract that includes both a financing contingency and appraisal contingency, they sometimes […]