Category: Buying a House

In the seller leaseback agreement, the seller becomes a tenant and the buyer becomes a landlord for up to 60 days. Here's what you need to know about this contract stipulation.

If you buy a property in the U.S., you need to get a FIRPTA affidavit. Here's why.

When a real estate deal falls through, earnest money is often refundable to the buyer, but not always. Learn what happens to earnest money when a deal goes bad.

The liquidated damage clause protects home sellers from damages resulting from a buyer backing out in certain circumstances. Find out why it's a smart idea for sellers to include one in their real estate contract.

If you're seeing a house and wondering, "What is earnest money for?" then this guide can help. Discover why buyers pay earnest money, and how much you should ask for.

The loan contingency is one of the most important contingencies in real estate. Think twice before removing or waiving it.

Proration for a home sale sounds confusing, but it's actually quite simple. Learn all about real estate proration and find out who pays those costs at closing.

If you're buying a home and want something fixed after the home inspection is done, you'll need to submit a request for repairs form. Here's what a request for repairs is and how you should use one.