Question: I heard there were changes in how treatments, repairs, replacements and inspections are done with the new Oklahoma Real Estate Contracts that just came out in November 2015. Can you explain?   Answer: Yes, the standard Oklahoma Real Estate Contract has been changed recently. Gone are the old "repair caps" that were included in an offer to purchase a home. These were always confusing to both buyers and sellers. Let me explain. In the old contracts, a buyer would make an offer and include a "repair cap" in the offer. This repair cap was a predetermined amount that the seller … Continue reading...