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Reply to "Escalation clause questions"
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[quote=Anonymous]We've now lost two houses in North Arlington in this competitive market. In one situation, the other offer had a higher escalation ceiling (~$5k) and the other sold for less than $2k over our ceiling price, but they apparently dropped the appraisal contingency. The second property might have been "the one" and we are still reeling from not getting it and if we could go back, would have dropped the appraisal contingency. We're still looking and it's pretty much the most frustrating thing ever.[/quote]
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