Ask your agent to explain the language, so that you can make an educated contract decision. The purchase contract must include the seller's responsibilities, with such things as passing clear title, maintaining the property in its present condition until closing and making any agreed-upon repairs to the property.

Contingencies
The two most common contingencies are financing, which makes the purchase conditional on the buyers' ability to obtain a loan and an inspection, which allows the buyers to have professionals inspect the property prior to final offer acceptance.

Furnishings
Deciding what stays and what goes is usually up for negotiation. "Appliances that are not built in (washer, dryer, refrigerator, portable dishwasher, portable microwave, freestanding stove) are all negotiable but are not usually included in the listed price.
Built-in appliances, window coverings, tacked down carpets, and fixtures permanently attached to the property are assumed to
be included.

Earnest Money Deposit
This is a deposit paid by the buyer as evidence of the good faith intention to complete the transaction. The amount earmarked for earnest money in subject to negotiation It may serve as a source of payment of damages to the seller if the buyer defaults without legal recourse. Until a real estate transaction is closed, the earnest money is retained in a trust account until closing. Earnest money is credited to the buyer's purchase price and closing costs at closing.