Do repairs on your new home freak you out a little bit? Well, paragraph 15 in our real estate contract - as we continue to talk through what's in this offer - might help you out. It covers home warranty plans. 

Home warranty plans are marketed …

We're continuing our series explaining what's on this contract. Paragraph 14 covers a section called Other Contingencies. But really, most of the stuff in this contract is a contingency. The main thing that we're concerned with here is, do you have a house to sell before you can …

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 …

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 fees …

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 …

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 …

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 …

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 double …

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.

Okay. …

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 …