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Real Estate
Reply to "Escalation clause questions"
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[quote=Anonymous]We've put bids on houses with escalation clauses on two houses. The caps were WELL over the asking price. We didn't get either. So I'm confident that the people that did get the houses, who also used escalation clauses, did not suffer from fake offers being used to drive up the price. (In both cases, the realtors told us that we lost on price.)[/quote]
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