...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

• Got the house... - Paul,  06-09-2005 20:29 (Views: 1621; Replies: 16)
• Congrats! - morkinator,  06-10-2005 03:21 (Views: 1556)
• Yeah, it's awful high. The good part is... - Paul,  06-10-2005 13:04 (Views: 1516)
• Sweet... - tenneck,  06-10-2005 02:09 (Views: 1547)
• Heh... and you KNOW this... - Paul,  06-10-2005 02:50 (Views: 1537)
• Where exactly are you? - Jed,  06-10-2005 03:15 (Views: 1653)
• I can currently see the main NSA building from my backyard. :) - Paul,  06-10-2005 11:33 (Views: 1607)
• escalation clause? what's that [nt] - JustSomeGuy,  06-09-2005 21:55 (Views: 1521)
• Where you agree to automatic raises in the amount you will pay... - UberTroll,  06-09-2005 22:01 (Views: 1709)
• ok, so it makes it into sort of an auction then - JustSomeGuy,  06-10-2005 14:46 (Views: 1489)
• Sort of... - Paul,  06-10-2005 14:49 (Views: 1611)
• Right. Glad we didn't have to get into that.[nt] - Paul,  06-09-2005 23:32 (Views: 1621)
• One way to deal with the smoke odor...... - Catfish,  06-09-2005 21:10 (Views: 1551)
• Fried or baked?[nt] - Paul,  06-09-2005 23:34 (Views: 1596)
• Smoked works best. Hickory or Applewood. [nt] - tenneck,  06-10-2005 00:39 (Views: 1574)
• Hmm... southern cookin'. You do that with mashed taters?[nt] - Paul,  06-10-2005 00:53 (Views: 1580)
• Mashed taters get butter, sour cream, and fresh coarse ground peppercorn.... - tenneck,  06-10-2005 01:12 (Views: 1719)

 

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