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

HomeLight

Whether you’re considering using an escalation clause, need advice on bidding strategies, or just want help finding the perfect home, connect with a top-rated HomeLight agent today for their guidance. How are escalation clauses used in today’s market? Even though, as of this writing, mortgage interest rates are at 6.4%

Finance 66
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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

Furthermore, in today’s market, understanding our complex mortgage industry could actually help you close more deals and maybe even save clients money. So we’ve included a handy download with questions your clients should ask their mortgage broker. It’s often presented as a percentage of the fair market value. Assignment.