CE: Contracts-Writing an Escalation Clause
The market is highly active, and multiples are the rule not the exception. It is an ascending market at approximately 2% a week. The property is listed at $200,000 presently and your buyer needs a 30-day close. The buyer has 100,000 equity coming from their previous property that they intend to use to facilitate the purchase of their new home. The buyer has already lost in a couple other multiple situations and they are ready to try the bold move of an escalation clause. Let’s write the offer!
This course is worth 1 hour of REQUIRED Contracts (CON) CE!