So you've bought this house and there's a refrigerator in it, but is that going to stay? These are the questions I get all the time. And really, my job is to sell houses, not sell appliances or furniture.

But it's very important to know …

So what does change have to do with a real estate contract? Well, believe it or not, we're going to talk about paragraph twelve, which is Prorations. It's kind of like keeping the change in a real estate deal. When you sell your house, those taxes and estimated …

A survey is prepared by a licensed surveyor, and it shows and marks exactly where the property is that you are purchasing. In a real estate contract this is very important. You can choose to get one. You can choose not to get one. You can choose as a …

So, in real estate contracts, there is no receipt, but there are some assurances in place to help submit an offer and make it a little more serious. There are the sections called the Earnest Money and Non-Refundable Deposit sections. 

Those cover money that's paid before …

We're talking right now about the real estate contract and the different parts. Right now we are talking about loan and closing costs. This is paragraph five of a real estate contract, and. It spells out who. Is responsible for what closing costs. Most people know about the down …

I am a real estate agent, a broker and part of being a real estate agent is our real estate contracts. That's what we've been talking about in this series. And today we're talking specifically about paragraph four covering agency.

Now, I'm not talking about …

We're talking about the section covering purchase price and loan type. Purchase price is where all the money tends to be talked about. So, purchase price is the third section. It tends to be the most exciting part of a real estate contract because that's what everyone really …

We're going to talk about real estate contracts, and every single one of them starts with parties. Okay, not exactly this kind of party, but what we're talking about are the first two sections of parties and property for every real estate contract.

The “parties” are who …

Okay! So real estate agent from HGTV, thank you so much for showing us those three houses. All three of them could be perfect for us. However, we'd like to offer $500,000 on the beachside Villa. Oh, the sellers have countered $550,000. We'll take it.

  …

Most of the people that call me are asking about residential, single family home homes. That's where most of my calls come in from.

What I love to talk about, and what is a lot of fun is to get a new family into a new home. Now …