Escalation Clause All Locations : Advice

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Showing results for Escalation Clause [Clear search]
asked:
Offered above asking, now stressed about appraisal. We recently had an offer accepted on a home. We offered $30k over asking in order to get the house. The appraisal is set for this week and I'm wondering how much I should worry about ...
0 votes Share Flag Wed Aug 26, 2015 Home Buying in Seattle
asked:
This unit seems too good to be true. What are the pitfalls? Why has it been on the market for so long? This question was asked from http://www.trulia.com/property/3074280915-1629-N-Clybourn-Ave-Chicago-IL-60614
0 votes Share Flag Fri Mar 27, 2015 Market Conditions in DePaul
asked:
Does the seller's agent legally have to submit offer to seller? What can you do if you know that the seller's agent has not presented your offer to the seller (ie. his dad)? Refuses to have seller signoff on any paperwork (rejection of offfer, cou...
0 votes Share Flag Tue Mar 3, 2015 Foreclosure in 18020
asked:
Should the Pre-Approval letter be customized for each bid ? I have a pre-approval letter from a mortgage lender for an amount X . My buyer ... escalation clause but my agent says automatic escalation clause is not used in New England area . I read ...
0 votes Share Flag Thu Dec 11, 2014 Home Buying in Reading
asked:
Sellers agent will not let me (buyers agent) present an offer directly to the seller on 3 way nor will give me offer acknowledgement. What would u do? I'm an agent in New York. As a buyers agent I submitted an offer. Sellers agent said too low. Gave me a counter. I went back to the buyers they agreed to sellers counteroffer. That was ...
0 votes Share Flag Tue Sep 23, 2014 Agent2Agent in New York
asked:
Can seller back out of contract due to low appraisal even if we included an addendum to purc. contrct stating"Buyer to pay $12K over appraised value"? List price was $399,000 and we offered $410,000 but with the high possibility that the list price was higher then what the assumed appraised value would be, we included add...
0 votes Share Flag Tue Jun 17, 2014 Home Buying in 95630
asked:
Hi, i am intrested in buying this home 22633 SE 14th Place Sammamish, WA 98075. This home is listed below its market value and i am sure there will be multiple offers on this home. I am not sure what should we bid on it. How much should we go above its listed pric...
0 votes Share Flag Fri Jun 6, 2014 Home Buying in Seattle
asked:
I am in process of making offer on house in la Jolla. Listing agent states that there is offer above asking price already. My agent is suggesting we make offer with escalating clause to beat best offer by $10,000. My agent states we are legally required ...
0 votes Share Flag Fri May 2, 2014 Home Buying in La Jolla
asked:
I submitted an offer through my Agent on a Brentwood Property. I went OVER asking price with a 49.55% CASH down payment and with a 45 day closing. The Agent and her office did not even give me a Counter Offer opportunity. I would have liked to be "in the running" on this Condo Property and SHE knew it! The Seller is an "out of the...
0 votes Share Flag Mon Mar 31, 2014 Home Buying in Los Angeles
asked:
Do we need a customized pre-approval letter for each bid ? I have a pre-approval letter from a mortgage lender for an amount X . My buyers ... escalation clause but my agent says automatic escalation clause is not used in New England area . I read news ...
0 votes Share Flag Wed Feb 19, 2014 Home Buying
asked:
Advice for getting the deal in the multiple bid situation We are looking at a home in Newport High district and have found there are so few homes on the market this year that the ones listed go into multiple offers very quickly. What is the be...
0 votes Share Flag Wed Jan 15, 2014 Home Buying in 98006
asked:
Should a listing agent submit my contract to the seller ASAP, or wait on more contracts that are "in the works"? My offer/contact was exactly what the seller wants. The listing agent is waiting to present multiple offers to the seller at once, instead of sending mine on. Seems I am being setup for...
0 votes Share Flag Fri Dec 27, 2013 Home Buying
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