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Real Estate
Reply to "Escalation Clauses- Bidding wars"
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[quote=Anonymous]We had 5 offers on the 1st day. 3 had escalation clauses. We saw them all. We picked the 2nd highest because the highest had an appraisal contingency. The people willing to pay the most did not get the house, and we were required to show the buyers the other offer. [/quote]
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