Getting ready to write an offer for a house? In this video, I show you how to fill out the As-Is contract to purchase a home.We're going to be reviewing and going over the as is residential contract some of the best practices builds and clauses in here. Personal Property is included in the Purchase Price, has no contributory value, and shall be left for the Buyer. 22. A wellwritten sales contract covers all elements of a transaction and includes remedies should the deal not go as planned. Once your attorney is on board, they will help you draft up a sales agreement which outlines all of the details regarding the sale of your home. The real estate sales transaction begins with the offer. Lower Sales Price: The property may sell lower than a standard contract due to a lack of repairs or improvements. The Far-Bar "AS IS" Residential Contract For Sale And Purchase is one of the most important aspects to a real estate transaction.