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In this video tutorial, Sherry Roberts discusses creating an addendum to a real estate contract. She highlights a common situation where a buyer discovers needed repairs following an inspection, such as replacing an electrical panel or addressing fascia board rot. Instead of asking the seller to complete these repairs—which can complicate the process and require receipts—Sherry recommends asking the seller for a credit towards the buyer's closing costs. This approach allows buyers to save money; for instance, if closing costs are $10,000, a credit can reduce what the buyer must bring to closing to $7,000. The video also details the steps to create the addendum in the contract.