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cut to the chase

New Name for "Highest and Best"

Realtor-Speak for “Cut to the Chase” Once upon a time, “highest and best offer” meant that everyone interested in a particular property — often a foreclosure — had to “cut to the chase” and (re)submit their highest offer, combined with their best terms (closing date, financing terms, inspection contingency, etc.). Then, the Seller would pick...
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