If you have found a home that you love, but there are other interested buyers, you might be considering an alternative method to get the winning offer. Escalation clauses are a way to avoid listing the price of a home, but still come out on top by offering to pay a fixed amount of money over the highest bidder. Here is what to know about escalation clauses when purchasing real estate.
Searching for a home a hundred miles away from where I was previously living was hard. There was no way for us to take a trip up to see every single house that we found online to see first-hand the condition that it was in and how big it truly was. I had to find a real estate agent that I could trust to help us find several houses to make a trip up to see in a single day. I created this blog after going through the buying process and making the move. It is my hope that if you are buying a new home far from your current one, that the tips here will help to make it an easy transaction for you.