escalation clauses: What have we come to? - 07/24/09 03:52 AM
What a sad commentary on ethics...... Bid the price up so you can most certainly be assured of getting the contract with your high price, and then feel okay about having duped the seller, his agent, the lender, etc. Isn't it tactics like this that got us into the current mess we're in? This ploy is only "real" IF there is sufficient money down that the appraisal is not an issue, and if there is a clause indicating that buyer will remain at this price regardless of appraisal. Otherwise, it it meaningless and deceptive. Bank owned properties are being listed at … (0 comments)

 

Laura Jaffe

Patient, Persistent and Professional

Wellington, FL

More about me…

Jaffe Realty Group at Keller Williams

Address: Keller Williams Wellington, 12008 South Shore Blvd, #201, Wellington, FL, 33414

Office: (561) 472-1236

Mobile: (561) 252-4426



Links

Archives

RSS 2.0 Feed for this blog