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Sort of........
By:  Paul (Moderators; 70289)
Posted on: 06-10-2005 14:49.
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...it's like a 'closed auction' but if it gets triggered the seller has to produce a copy of the written offer that exceeded your original offer. In my case, we offered at $350k, and had an escalation clause @ $1k increments for up to $360k. Soooooo glad that didn't happen.


“Don’t overplay. Don’t overplay. Less is more. It will always be: less is more. Nobody is ever going to remember all those fancy solos - even the guys that play them, most of them won’t remember - so play some licks that people can walk away humming, that people can identify with." --Steve Cropper