Friday May 24, 2024

Escalation Clause Warning, Demand for Lower Interest Rates, NEW Golfi Magazine

Welcome to the Golfi Real Estate Show!

Join us for the latest in real estate insights and news. In this episode, Rob Golfi discussed:

  • Free home estimates and evaluations through the Golfi Real Estate Magazine, highlighting the popularity and accuracy of the instant home estimates.
  • The need for interest rate reductions to stimulate housing starts and address the growing demand for homes due to immigration and retiring baby boomers.
  • Explanation of an escalating clause in real estate offers, which allows a buyer to automatically increase their offer in a competitive market to a specified maximum price. Rob noted the potential drawbacks and complexities of using such clauses.

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