Personal Property is included in the Purchase Price, has no contributory value, and shall be left for the Buyer. 22. We're going to be reviewing and going over the as is residential contract some of the best practices builds and clauses in here.Create a document that outlines the agreement, including the type and amount of loan, the assets included in the mortgaged, and the terms of the agreement. Your mortgage documents will include a couple of key contracts you'll sign with your lender at closing that set the terms for your home loan. The ratified contract states your closing date. The moment we receive the contract, everyone is officially working toward this date. Below is a list of forms that you may download for free from our website. To avoid a worstcase scenario, follow these pointers on drafting a contract that guards your interests as the seller and financier. The contract provides a choice between two basic forms - the Residential contract for. This typically includes the sale price, financing options, property conditions, and more.