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In this video, Sherry Roberts discusses how to create an addendum to a contract, particularly after a home inspection reveals necessary repairs like electrical panel replacement or fascia board rot. Instead of requesting the seller to make repairs, she recommends asking the seller for a credit towards the buyer's closing costs. This approach simplifies the process and keeps more money in the buyer's pocket. For instance, if the buyer's closing costs amount to $10,000, a credit means they only need to bring $7,000 to closing. Sherry then outlines the steps to draft the addendum to the contract, emphasizing the addition of necessary forms.