What Is an Escalation Clause in Real Estate and Should You Include One?
HomeLight
JUNE 14, 2023
Escalation clauses were especially popular from mid-2020 to mid-2022 when low interest rates and the pandemic’s emphasis on home drove housing demand through the roof. Even though, as of this writing, mortgage interest rates are at 6.4% Since then, they’ve become less prevalent but are still fairly common.
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