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hi everybody my name is Pat Haggerty Im a professor of real estate here at Sacramento City College and I want to welcome you back to our lecture series where were bringing in expert guest lectures for our different real estate classes and in the first lecture that we did we talked about the residential listing agreement and what were going to be talking about this time is what we call the residential purchase agreement in which you really have to think about is that whenever you enter into a real estate transaction typically it would be helping a seller to sell their property or list their property for sale on the other hand where somebody maybe calls the office up and and says you know Im interested in buying a house can you help me do you know the neighborhood well enough or whatever the next thing you know youre showing them houses and then when they get ready to make her an offer theyre making what we call a residential or were calling it a purchase offer it has a lot of dif