In a competitive housing market, bidding wars are common, and buyers need every advantage they can get. One tactic that’s become increasingly popular? The escalation clause. This stipulation ...
Making an offer on a house is exciting, but when you know you're competing with other buyers, it's hard to know if your offer will appeal most to the home seller. Buyers can make a more enticing bid ...
Throughout my career as an investor and real estate broker I have dealt with many escalation clauses. An escalation clause is technique many buyers employ to try to get a house under contract without ...
Creating a strong purchase offer is critical when you’ve found a home you want to buy. Essentially, you want to tell the seller you’re both qualified and serious about buying the home. In some cases, ...
This sponsored, biweekly Q&A column is written by Andrew Goodman, broker/owner of Goodman, Realtors. Based in Bethesda, Andrew serves clients in Maryland, D.C., and Northern Virginia. Please submit ...
In a hot housing market, crafting the perfect offer can greatly improve your chances of getting the house you want. Homebuyers are often asked to submit their "highest and best" offer when making a ...
As the pandemic stretches into 2021, so does the hot seller’s market fueled by limited inventory and historically low interest rates. However, as economic and employment uncertainty complicate bidding ...
A full-price offer with an escalation clause is now common on a newly listed home that is priced right, according to brokers affiliated with Northwest Multiple Listing Service. “Buyers have to be ...
Q: My wife and I are house hunting. A real estate agent friend told us that the market is hot, and there are very few houses available for a large number of potential buyers. We were advised to ...