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[quote=Anonymous]We recently put a bid on a house (a distressed fixer but not a short sale/foreclosure) and we didn't get it, which is fine. However, the sellers agent said one of the other offers included an escalation clause. And that got me thinking A.) people actually do those in this housing market? and B.) how do you include an escalation clause without signaling to the seller they'd be stupid to accept your initial offer or anything close to it? Does the seller have to prove they have another better offer to activate the escalation? [/quote]
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