What is an Escalation Clause, and Do You Need One in Your Offer?

2022-05-23T18:43:04-04:00July 13th, 2021|Categories: Buyers|Tags: , , , |

If you’re like most people, you know that homes are selling quickly in Baltimore and Howard Counties – and that in some cases, buyers are engaging in bidding wars. For some people (particularly those who are fairly certain they’ll end up in a bidding war over their dream home), writing an escalation clause into an offer is a smart, time-saving choice. Here’s what you need