Litigation
Oct. 11, 2013
Property buyers sell before they buy
So-called double escrow deals arise when buyers accept a higher offer before the original sale closes.
Daily Journal Staff Writer
A flurry of would-be property owners from investors to first-time buyers chasing a record low number of available properties has helped fuel the recovery in many parts of California. But while the conventional wisdom of momentum investing - buying while prices are rising and flipping later - is playing out up and down the state, the feverish rise of the real estate market is causing more buyers to lock in pr...
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