Property Information
Resolution
Enter at least one offer above.
How this calculator applies the Addendum
- An escalating offer's price becomes the Escalation Amount above the highest competing offer (it never drops below its stated base price).
- If that would exceed the Cap, the price equals the Cap.
- When two or more offers carry escalation clauses, they bid against each other round by round until prices stabilize (often at one or both Caps) — expand "Show bidding rounds" to see exactly how.
- Escalation triggers off the competing offer's gross purchase price as written. Seller concessions, buyer-broker compensation, tax proration, home warranty, and title costs are then subtracted to show each offer's net to seller.
- Title insurance is calculated from the rate card off the final (escalated) price: Standard owner policy at $5.80 per $1,000 up to $250k, $4.10 to $500k, $3.20 to $1M, $3.10 above ($225 minimum); Homeowner (enhanced) is 15% more ($250 minimum).
- Tax proration uses the full-year tax ÷ 365 per day. "Due & payable" (short) credits the buyer from the most recent tax due date (Jan 31 / Jul 31) through closing; "Lien" (long) credits from January 1 of the closing year through closing. Both assume tax bills already due have been paid — confirm current due dates and amounts with the county treasurer or your title company.
- Accepting an escalated offer requires delivering an unredacted copy of the competing offer with the executed acceptance.
- The Seller is not required to accept the highest offer. This tool is an aid for calculating escalated prices; verify results against the executed documents.