purchase offer

8/7/2019 Purchase Offer

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+ CALIFORNIAASSOCIATIONOF RE A LT O RS.-!1

1. OFFER:A, THIS IS AN OFFER FROM

CALIFORNIARESIDENTIAL PURCHASE AGREEMENT

AND JOINT ESCROW INSTRUCTIONSFor Use With Single Family Residential Property - Attached or Detached

(C.A.R. Form RPA-CA, Revised 4/10)

Dale uareh 1,7 - 2077

CORNELIO R:IC ("Buye/').B. THE REAL PROPERTY TO BE ACQUIRED is described as 424 W- 707rH StFpF'F,ttt f,OS ANGELES eA 90044

Assessor's Parcel No. 6067006077, County of

, situated iLOS ANGEIES

C. THE PURCHASE PRICE offered is zwo Hundred Thirtw-Eiwe ThousandLOS ANGEI,ES , California, ("Property").

(Dollars $ 235 .000. 00D. CLOSE OF ESCROWshall occur on

2. AGENCY:A. DISCLOSURE: Buyer and Seller each acknowledge prior receipt of a "Disclosure Regarding Real Estate Agency Relationships"

(C.A.R. Form AD).B. POTENTIALLY COMPETING BUYERS AND SELLERS: Buyer and Seller each acknowledge receipt of a disclosure of the possibility o

multiple representation by the Broker representing that principal. This disclosure may be part of a listing agreement, buyer representationagreement or separate document (C.A.R. Form DA). Buyer understands that Broker representing Buyer may also represent other potentialbuyers, who may consider, make offers on or ultimately acquire the Property. Seller understands that Broker representing Seller may alsorepresent other sellers with competing properties of interest to this Buyer.

C. CONFIRMATION: The following agency relationships are hereby confirmed for this transaction:Listing Agent K'FI.T.EP WTT,T,TAWS (Print Firm Name) is the agentof (check one): E the Seller exclusively; or I both the Buyer and Seller.Selling Agent Investors Realtv Grouo (Print Firm Name) (if not the same as theListing Agent) is the agent of (check one):

filthe Buyer exclusively; or

Ithe Seller exclusively; or

Iboth the Buyer and Seller. Real Estate

Brokers are not parties to the Agreement between Buyer and Seller.3. FINANCE TERMS: Buyer represents that funds will be good when deposited with Escrow Holder.

(date) (or 8 45 Days AfterAcceptance).

A. INITIALDEPOSIT: Depositshall be intheamountof ..... ........... $(l ) Buyer shall deliver deposit directly to Escrow Holder by personal check, I electronic funds transfer, I Other

within 3 business days after acceptance (or fl OtherOR (2) (lfchecked) [ Buyer has given the deposit by personal check (or I

to the agent submitting the offer (or toImade payable to . The deposit shall be helduncasheduntitA""e6"n@cio*Hojaer1oigintoBroke/strustaccount)within3business days afterAcceptance (or E Other

B. INCREASED DEPOSIT: Buyer shall deposit with Escrow Holder an increased deposit in the amount of .

within _ Days After Acceptance, or nlf a liquidated damages clause is incorporated into this Agreement, Buyer and Seller shall sign a separateliquidated damages clause (C.A.R. Form RID) for any increased deposit at the time it is deposited.

c. LoAN(S):(1) FIRSTLOAN: intheamountof..... ........... $

This loan will be conventional financing or, if checked, El FHA, tl VA, El Seller (C.A.R. Form SFA),

I assumed financing (C.A.R. Form PAA), I Other . This loan shall be at a fixedrate not to exceed _ o/o or,Q an adjustable rate loan with initial rate not to exceed _ %.Regardless of the type of loan, Buyer shall pay points not to exceed % of the loan amount.

(2) ESECONDLOAN:intheamountof..... ...... $This loan will be conventional financing or, if checked, ! Seller (C.A.R. Form SFA), E assumed financing(C.A.R. Form PAA), I Oher . This loan shall be at a fixed rate not to exceed

o/o or,fi an adjustable rate loan with initial rate not to exceed %. Regardless ofthe type of loan, Buyer shall pay points not to exceed % ofthe loan amount.

(3) FHA/VA: For any FHA or VA loan specified above, Buyer has 17 (or f]_ ) Days After Acceptanceto Deliver to Seller written notice (C.A.R. Form FVA) of any lender-required repairs or costs that Buyerrequests Seller to pay for or repair. Seller has no obligation to pay for repairs or satisry bnder requirementsunless othenrise agreed in writing.

D. ADDITIONAL FINANCING TERMS: SELrER TO CREDI,T BI'WR3*

OE SAI,ES PRT@ TOWARDCLOSING COSTSBALANCEOFPURCHASEPRICEORDOWNPAYMENT:intheamountof..... ......$to be deposited with Escrow Holder within sufficient time to close escrow.PURCHASEPRICE(TOTAL):..... ........$

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Selleislnitials( )(_)

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A[qJAt t0uslEopPoRTuliltY

Buyer's lnitials ( C tL ) (

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Th€ copyright laws of th€ United Statse (Title 17 U.S. Cod€) forbid th€ unaulhorized reprodudion of this fom, qany portion lhereol by photocopy machine or any other m€ns, including fa6imile or computdzed fotmls-Copyright@ 1991-2010, CALIFORNIA ASSOCIATION OF REALTORS@, lNC. ALL RIGHTS RESERVED.

RPA-CA REVTSED 4/10 (PAGE t OF 8)

CALIFORNIA RESIDENTIAL PURCHASE AGREEMENT (RPA.CA PAGE I OF 8)

Broker: lnvestors Group 11943 Paramount Blvd cA 90242Fax: Prepared using zipFonn@ softvvareAgent: Phone: (866)500-6140



824 W. 707THProperty Address: LOS AN?ELES Dale'. MaEch 77 2077

G. VERIFICATION OF DOWN PAYilENT AND CLOSING GOSTS: Buyer (or Buye/s lender or loan broker pursuant to 3H(1)) shatt, within 7 (oE- ) Days Afrer Acceptance, Deliver to Seller written verification of Buyer's down payment and closing costs. (lf checked, Iverifi cation attached.)

H. LOANTERMS:(1) LOAN APPLICATIONS: Within 7 (or [ ) Days After Acceptance, Buyer shall Deliver to Seller a tetter from lender or toan

broker stating that, based on a review of Buyer's written application and credit report, Buyer is prequalified or preapproved for any NEW loaspecified in 3C above. (lf checked, fl letter attached.)

(2) LOAN CONTINGENCY: Buyer shall act diligently and in good faith to obtain the designated loan(s). Obtaining the loan(s) specified aboveis a contingency of this Agreement unless otherwise agreed in writing. Buye/s contractual obligations to obtain and provide deposit, balanceof down payment and closing costs are not contingencies of this Agreement.

(3) LOAN CONTTNGENCY REMOVAL:(i) Within 17 (or Q ) Days AfterAcceptance, Buyer shall, as specified in paragraph 14, in writing remove the loan contingenryor cancel this Agreement;OR (ii) (if checked) El the loan contingency shall remain in effect until the designated loans are funded.

(4) E NO LOAN CONTINGENCY (lf checked): Obtaining any loan specified above is NOT a contingency of this Agreement. lf Buyer does noobtain the loan and as a result Buyer does not purchase the Property, Seller may be entitled to Buyefs deposit or other legal remedies.l. APPRAISAL CONTINGENCY AND REMOVAL: This Agreement is (or, if checked, I is NOT) contingent upon a written appraisal of the Propefi

by a licensed or certified appraiser at no less than the specified purchase price. lf there is a loan contingency, Buyer,s removal of the loancontingency shall be deemed removal of this appraisal contingency (or, I if checked, Buyershall, asspecified inparagraph 148(3), inwritingremovetheappraisalcontingencyorcancelthisAgreementwithinl7(or-)Day9AfterAcceptance).1fthereisnoloancontingency,Buyershall,asspecifiedinparagraph14B(3)'inwritingremovetheappraisalcontingencyorcancelthisAgreementwithinl7(or-}Days After Acceptance.

J.trALLcAsHoFFER(lfchecked):Buyershall,within7(orE-)DaysAfterAcceptance,DelivertoSellerwrittenverificationofsufficient funds to close this transac-tion. (lf checked, fl verification attached.)

K. BUYER STATED FINANCING: Seller has relied on Buyer's representation of the type of financing specified (including but not limited to, asapplicable, amount of down payment, contingent or non contingent loan, or all cash). lf Buyer seeks altemate financing, (i) Seller has no obligationto cooperate with Buye/s effofts to obtain such financing, and (ii) Buyer shall also pursue the financing method specified in this Agreement.Buye/s failure to secure ahemate financing does not excuse Buyer ftom the obligation to purchase the Property and close escrow as specified ithis Agreement.

4. ALLOCATION OF COSTS (lf checked): Unless otherwise specmed in writing, this paragraph only determines who is to pay for the inspection, test osewice ("Report') mentioned; itdoes not determine who is to pay for any work recommended or identified in the Report.A. INSPECTIONS AND REPORTS:

(l) [ Buyer I Seller shall pay for an inspec*ion and report for wood destroying pests and organisms ('Wood Pest Report') prepared bya registered structural pest control company.

(2) [ Buyer f] Seller shall pay to have septic or private sewage disposal systems pumped and inspected(3) [ Buyer I Seller shall pay to have domesticwells tested for water potabilig and productivity(4) [ Buyer S Seller shall pay for a natural hazard zone disclosure report prepared by r6s(5) D Buyer fl Seller shall pay for the following inspection or report(6) [ Buyer I Seller shall pay for the following inspection or report

B. GOVERNI,IENT REQUIREMENTS AND RETROFIT:(1) [ Buyer I Seller shall pay for smoke detedor installation and/or water heater bracing, if required by Law. Prior to Close Of Escrow, Seller

shall provide Buyer written statement(s) of compliance in accordance with state and local Law, unless exempt.(2) [ Buyer I Seller shall pay the cost of compliance with any other minimum mandatory govemment retrofit standards, inspections and

reports ff required as a condition of closing escrow under any Law.C. ESCROWAND TITLE:

(l) E Buyer fil Seller shall pay escrow tee EA1H ?fr,rR ottrT E?,EgEscror Holder shall be strlER eHorcE

(2) @ Buyer ffl Seller shall pay for owne/s title insurance policy specified in paragraph 128 EAaH nErR onv EEESOwnefs title policy to be issued by SELIEF.S CHoIcE(Buyer shall pay for any title insurance policy insuring Buyeis lender, unless otherwise agreed in writing.)

D. OTHERCOSTS:(1) [ Buyer I Seller shall pay County transbr tax or fee(2) [ Buyer I Seller shall pay City transfer tax or fiee(3) fl Buyer fl Seller shall pay Homeowner's Association ("HOA.) transfer fee(4)[Buyer[SellershallpayHoAdocumentprep8rationfees-(5) [ Buyer I Seller shall pay for any private transfer fee(6) [ Buyer E Seller shall pay the cost, not to exceed $ 3s0 . 00 , of a one-year home warranty plan,

issuedby oLD REpuBLrc Hor"E waRRANTy , with the following optional coverages:I Air Conditioner fl PooUSpa fl Code and Permit upgrade I Ofier:Buyer is informed that home wananty plans have many optional coverages in addition to those listed above. Buyer is advised to investigatethese coverages to determine those that may be suitable for Buyer.

(7) fl Buyer I Seller shall pay for

STREEYcA 90044

(8) [ Buyer I Seller shall pay for

Buyer's lnitials ( (l;L )(-)Copyright @ 1991 -2010, CALIFORNIA ASSOCIATION OF REALTORS@, lNC.

RPA€A REVISED 4'10 (PAGE 2 OF 8)

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6.

824 W. 7O7TH STREETPropertyAddress: LOS AIISE,/..E,S, CA 90044 Dale'. March 77 20775. CLOSING AND POSSESSION:

A. Buyer intends (or I does not intend) to occupy the Propefi as Buyefs primary residence.B.Seller.occupiedorvacantproporty:PossessionshallbedeliveredtoBuyerat5PMor(E-nAMEPM),onthedateofClose

ofEscrow;Eon;ormnolaterthan3DaysAfterCloseOfEscrow.lftransferoftitleandpossessionoonotariadvisedto:1i1e-nterntoawrittenoccupancyagreement(c.A.R.FormPAA,paragraph 2); and (ii) consult with their insurance and legal advisors.

G. Tenant-occupied property:(i) Prop€rty shall be vacant at least 5 (or E _ ) Days Prior to Close Of Escrow, unless othenrise agreed in writing. Note to Sellerlf you are unable to deliver Property vacant in accordance with rent control and other applicable Law, you may be in breach of thiAgr€ement

OR (ii) (if checked) [ Tenant to remain in possession. (C.A.R. Form PAA, paragraph 3)D. At Close Of Escrow, (i) Seller assigns to Buyer any assignable wananty rights for items included in the sale, and (ii) Seller shall Deliver to Buyeavailable Copies of warranties. Brokers cannot and will not determine the assignability of any warranties.

E. At Close Of Escrow, unless othenyise agreed in wriling, Seller shall provkle keys and/or means to operate all locks, mailboxes, security systems,alarms and garage door openers. lf Property is a condominium or located in a common interest subdivision, Buyer may be required to paydeposit to the Homeowners'Association ("HOA) to obtain keys to accessible HOA facilities.

STATUTORY DTSCLOSURES (TNCLUDTNG LEAD-BASED PA|NT HAZARD DTSCLOSURES) AND CANCELT-ATTON RTGHTS:A. (1) Seller shall, within the time specilied in paragraph 144, Deliver to Buyer, if required by Law: (i) Federal Lead-Based Paint Disclosures (C.A.R

Form FLD) and pamphlet ("Lead Disclosures"); and (ii) disclosures or notices required by sections 1102 et. seq. and 1103 et. seg. of the CivCode ("Statutory Disclosures"). Statutory Disclosures include, but are not limited to, a Real Estate Transfer Disclosure Statement ('TDS)Natural Hazard Disclosure Statement ('NHD'), notice or actual knowledge of release of illegal controlled substance, notice of special taxand/or assessments (or, if allowed, substantially equivalent notice regarding the Mello-Roos Community Facilities Act and lmprovement BondAct of 1915) and, if Seller has aclual knowledge, of industrial use and military ordinance location (C.A.R. Form SPQ or SSD).

(2) Buyer shall, within the time specified in paragraph 148(1), retum Signed Copies of the Statutory and Lead Disclosures to Seller.(3) ln the event Seller, prior to Close Of Escrow, becomes aware of adverse conditions materially affecting the Property, or any material

inaccuracy in disclosures, information or representations previously provided to Buyer, Seller shall promptly provide a subseguent oramended disclosure or notice, in writing, covering those items. However, a subsequent or amended disclosure shall not be required foconditions and material inaccuracies of which Buyer is otheMis€ aware, or which are discloeed in reports provided to or obtained byBuyer or ordered and paid for by Buyer.

(4) lf any disclosure or notice specified in 6A(1), or subsequent or amended disclosure or notice is Delivered to Buyer after the offer is Signed,Buyer shall have the right to cancel this Agreement within 3 Days After Delivery in person, or 5 Days After Delivery by deposit in the mail, bygiving written notice of cancellation to Seller or Sellefs agent.

(5) Note to Buyer and Seller: Waiver of Statutory and Lead Discloaures is prohibited by Law.B. NATURAL AND ENVIRONMENTAL HAZARDS: Within the time specified in paragraph 144, Seller shall, if required by Law: (i) Deliver to Buyer

earthquake guides (and questionnair€) and environmental hazards booklet; (ii) even if exernpt from the obligation to provide a NHD, disclosethe Property is located in a Special Flood Hazard Area; Potential Flooding (lnundation) Area; Very High Fire Hazard Zonei State FireResponsibility Area; Earthquake Fault Zone; Seismic Hazard Zone; and (iii) disclose any other zone as required by Law and provide any otherinformation required for those zones.

C. WTHHOLDING TNGS: Within the time specifred in paragraph 14A, to avoid required withholding, Selter shatl Deliver to Buyer or qualifiedsubstitute, an affidavit sufficient to comply with federal (FIRPIA) and California withholding Law, (C.A.R. Form AS or QS).

D. MEGAN'S LAW DATABASE DISCLOSURE: Notice: Pursuant to Sec{ion 290.46 of the Penal Code, information about specified registered sexoffenders is made available to the public via an lntemet Web site maintained by the Department of Justice at www.meganslaw.ca.gov. Dependingon an offende/s criminal history, this information will include either the address at which the offender resides or the community of residence andZIP

Codein which he or she resides. (Neither Seller nor Brokers are required to check this website.

lfBuyer wants further information,

Brokerrecommends that Buyer obtain information from this website during Buye/s inspection contingency period. Brokers do not have expertise in thisarea.)

CONDOMINIUM/PLANNED DEVELOPMENT DISCLOSURES:A. SELLER HAS: 7 (or E _ ) Days After Acceptance to disclose to Buyer whether the Property is a condominium, or is located in a

planned development or other common interest subdivision (C.A.R. Form SPQ or SSD).B. lf the Property is a condominium or is located in a planned development or other common interest suMivision, Seller has 3 (or [ _

Days AfterAcceptance to request from the HOA (C.A.R. Form HOA): (i) Copies of any documents required by Law; (ii) disclosure of any pendingor anticipated claim or litigation by or against the HOA; (iii) a statement containing the location and number of designated parking and storagespaces; (iv) Copies of the most recent 12 months of HOA minutes for regular and special meetings; and (v) the names and contact information oall HOAs goveming the Property (collectively, "Cl Disclosures"). Seller shall itemize and Deliver to Buyer all Cl Disclosures received from the HOAand any Cl Disclosures in Selb/s possession. Buye/s approval of Cl Disclosures is a contingency of this Agreement as specified in paragraph148(3).

8. ITEMS INCLUDED IN AND EXCLUDED FROII PURCHASE PRICE:A. NOTE TO BUYER AND SELLER: ltems listed as included or excluded in the MLS, flyers or marketing materials are not included in the purchase

price or excluded from the sale unless specified in 8B or C.B. ITEMS INCLUDED IN SALE:

(t) All EXISTING fixtures and fiftings that are attached to the Property;(2) EXISTING electrical, mechanical, lighting, plumbing and heating fixtures, ceiling fans, fireplace inserts, gas logs and grates, solar systems,buift-in appliances, window and door screens, awnings, shutters, window coverings, attached floor coverings, television antennas, satellitedishes, private integrated telephone systems, air coolers/conditioners, poollspa equipment, garage door openers/remote controls, mailbox,inground landscaping, trees/shrubs, water sofleners, water purifiers, security systems/alarms; (lf checkedfi stove(s), E refrigerator(s); and

(3) The following additional items:(4) Seller represents that all ilems included in the purchase price, unless otherwise specified, are owned by Seller.(5) All items included shall be transfened free of liens and without Seller wananty.

C. ITEMS EXCLUDED FROM SALE: Unless otherwise specified, audio and video components (such as flat screen TVs and speakers) are excludedif any such item is not itself attached to the Property, even if a bracket or other mechanism attached to the component is attached to the Property;and

Buyer's lnitials ( ( 12- ) (-)Copf ight @ 1 9€1 -201 0, CALIFORNIA ASSOCIATION OF REALTORS@, lNC.

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CALIFORNIA RESIDENTIAL PURCHASE AGREETSENT (RPA.GA PAGE 3 OF 8) CORNELIORAC



824 W. 7O7TH STREETPropertyAddress: Los ArIcFI,F,s, cA 90044

9. CONDITION OF PROPERW: Unless otherwise agreedr (i) the Property is sold (a) in its PRESENT physical ("as-is") condition as of the date oAcceptance and (b) subject to Buye/s lnvestlgatlon rights; (ii) the Property, including pool, spa, landscaping and grounds, is to be maintained isubstantially the same condition as on the date of Acceptance; and (iii) all debris and personal property not included in the sale shall be removed bSeller by Close Of Escrow.A. Seller shall, within the time specified in paragraph 14A, DISCLOSE KNOWN MATERIAL FACTS AND DEFECTS affecting the Property, including

known insurance claims within the past ftve years, and make any and all other disclosures required by law.B. Buyer has the right to inspect the Property and, as specified in paragraph 14B, based upon information discovered in those inspections: (i) cancel

this Agreement; or (ii) request that Seller make Repairs or take other action.G. Buyer is strongly advised to conduct invetigations of the entire Property ln order to determine its present condition. Seller may not b

aware of all defects affecting the Property or other factors that Buyer considers important Propeily improvementE may not be buil

according to code, in compliance with current Law, or have had permits issued.10. BUYER'S INVESTIGATION OF PROPERTYAND MATTERS AFFECTING PROPERTY:A. Buye/s acceptance of the condition ol and any other matter affecting the Property, is a contingency of this Agreement as specified in thi

paragraph and paragraph 14B. Within the tame specified in paragraph 148(1), Buyer shall have the right, at Buyer's expense unless otheruiseagreed, to conduct inspections, investigations, tests, surveys and other studies ("Buyer lnvestigations"), including, but not limited to, the right to(i) insped for lead-based paint and olher lead-based paint hazards; (ii) inspect for wood destroying pests and organisms; (iii) review theregistered sex offender database; (lv) confirm the insurability of Buyer and the Property; and (v) satisfo Buyer as to any matter sp€cifted in theattached Buye/s lnspection Advisory (C.A.R. Form BIA). Without Selle/s prior written consent, Buyer shall neither make nor cause to be made: {invasive or destructive Buyer lnvestigations; or (ii) inspections by any govemmental building or zoning inspector or govemment employee, unlessrequired by Law.

B. Seller shall make the Property available for all Buyer lnvestigations. Buyer shall (i) as specified in paragraph 148, complete Buyer lnvest(Tationsand, either remove the contingency or cancel this Agreement, and (ii) give Seller, at no cost, complete Copies of all lnvestigation reports obtainedby Buyer, which obligation shall survive the termination of this Agreement.

C. Seller shall have water, gas, electricity and all operable pilot lights on for Buyer's lnvestigations and through the date possession is madeavailable to Buyer.

D. Buyer indemnlty and Seller protection for entry upon property: Buyer shall: (i) keep the Propefi ftee and clear of liens; (ii) repair all damage

arising from Buyer lnvestigations; and (iii) indemni! and hold Seller harmless from all resulting liability, claims, demands, damages and costs oBuyefs investigations. Buyer shall carry, or Buyer shall require anyone ac{ing on Buye/s behalf to carry, policies of liability, workers'compensation and other applicable insuran@, defending and protec{ing Seller from liability for any injuries to persons or property occurring duringany Buyer ln\restigations or work done on the Property at Buye/s direction prior to Close Of Escrow. Seller is advised that certain protections maybe afiorded Seller by recording a "Notice of Non-responsibilitf (C.A.R. Form NNR) for Buyer lnvestigations and work done on the Property aBuye/s direction. Buye/s obligations under this paragraph shall survive the termination or cancellation of this Agreement and Close of Escrow.

11. SELLER DISCLOSURES; ADDENDA; ADVISORIES; OTHER TERiIS:A. Seller Disclosures (if checkgd): Seller shall, within the time specified in paragraph 14A, complete and provide Buver with a:

.A.R. Form OR and Disclosure (C.A.R. FormB. Addenda Addendum # Form

Wood Destroying Pest lnspecdion and Allocation of Cost Addendum (C.A.R. Form WPA)

E Purchase Agreement Addendum (G.A.R Form PAA) El Septic, Well and Property Monument Addendum (C.A.R. Form SWPI)ngort Sale Addendum (g.A.R. Form SSA) El OtherAdvisories (if checked): gl Buve/s lnspection Advisorv (C.A.R. Form BtA)

E Probate Advisory (C.A.R. Form PAK) E Statewide Buyer and Seller Advisory (C.A.R. Form SBSA)E Trust Advisory (C.A.R. Form TA) El REO Advisory (C.A.R. Form REO)

Other Terms:

12. TITLEANDVESTING:A. Within the time specified in paragraph 14, Buyer shall be provided a cunent preliminary title report, which shall include a search of the General

lndex. Seller shall within 7 Days After Acceptance give Escrow Holder a completed Statement of lnformation. The preliminary report is only anoffer by the title insurer to issue a policy of title insurance and may not contain every item affec'ting title. Buye/s review of the preliminary reportand any other matters which may affect title are a contingency of this Agreement as specified in paragraph 148.

B. Title is taken in its present condition subject to all encumbrances, easements, @venants, conditions, restrictions, rights and other mafters,whether of record or not, as of the date of Acceptance except (i) monetary liens of record unless Buyer is assuming those obligations or takingthe Property subjecl to those obligations; and(ii) those matters which Seller has agreed to remove in writing.

C. Within the time specified in paragraph 14A, Seller has a duty to disclose to Buyer all matters known to Seller affecting title, whether of record ornot.

D. At Close Of Escrow, Buyer shall receive a grant deed conveying title (or, for stock cooperative or long-term lease, an assignment of stock

certificate or of Selklfs leasehold interest), including oil, mineral and water rights if curently olned by Seller. Title shall vest as designated inBuyer's supplemental escrow instructions. THE tvliANNER OF TAKING TITLE MAY HAVE SIGNIFICANT LEGAL AND TA)( CONSEQUENCES.CONSULT AN APPROPRIATE PROFESSIOML.

E. Buyer shall receive a CLTA/ALTA Homeowne/s Policy of Title lnsurance. A title company, at Buye/s request, can provide information about theavailability, desirability, @verage, survey requirements, and cost of various title insurance coverages and endorsements. lf Buyer desires titlecoverage other than that requir€d by this paragraph, Buyer shall instruct Escrow Holder in writing and pay any increase in cost.

I3. SALE OF BUYER'S PROPERW:A. This Agreement is NOT contingent upon the sale of any property owned by Buyer.

OR B. E (lf checked): The attached addendum (C.A.R. Form COP) regarding the contingency for the sale of propefty owned by Buyer is incorporatedinto this Agreement.

Buye/s lnitials( ( iC )(-)Copyright @ t 991 -2ol o, CALIFORNIA ASSOCIATION OF REALTORS@, lNC.

RPA-CA REVTSED 4/10 (PAGE 4 OF 8)

Dale: March 77 2077

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CALIFORNIA RESIDENTIAL PURCHASE AGREET'ENT (RPA€A PAGE 4 OF 8}

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CORNELIORAC



Property Address:824 14. 7O7TH STREETLOS AI{GEI,ES. CA 90044 Dale: March 77 2077

14. TIME pER|ODS; REMOVAL OF CONTTNGENGTES; CANCELLATTON RIGHTS: The following time periods may only be extended, altered'modified or changed by mutual written agreemeni. Any removal ol contingencies or cancellation under this paragraph by either Buyer orSeller must be exercised in good faith and in writing (C'A.R. Form CR or CC).A. SELLER HAS: Z (or E -

) Days After Acceptance to Deliver to Buyer all Reporis, disclosures and information for which Seller is

responsible unoer parfiripnlT, oe, a and c, 7A, 9A, 11A and B, and 12. Buyer may give seller a Notice to seller to Perform (c.A.R. Form NSP)

if Seller has not Delivered the items within the time specified'

B.(1)BUYERHAS:l7(orE-}DaysAfierAcceptance,unIessothenriseagreedinwriting,to:(i) complete all Buyer lnvestigations; approve all disclosures, reports and other applicable information, which Buyer receives from Seller; and

approve all other matters affecting the Property; and(ii) Detiver to Seftei Sign; Copies oistatutory anO Lead Disclosures Delivered by Seller in accordance with paragraph 6A.

(2) Within the time specified in 14B(1), Buyer may request that Seller make repairs or take any other actionregarding the Property (C'A'R. Form

' ' RR). Seller has no obligation to agree to or respond to Buye/s requests'(3) within the time specm;o in 14Ba1) (or as otherwise specified in this Agreement), Buyer shall Deliver to Seller either (i) a removal of the

applicable continjency (C.A.R. fbrm Cnl, or (ii) a cancellation (C.A.R. Form CC) of this Agreement based upon a contingency or Selle/sfailure to Deliver tlhe sirecified items. However, if any report, disclosure or information for which Seller is responsible is not Delivered within the

time specified in 14A, then Buyer hasS (or El

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) Days After Delivery of any such items, or the time specified in 148(1)' whichever

is later, to Deliver to Seller a removal of the applicabte contingency or cancellation of this Agreement'

(4) Continuation of Gontingency: Even after the end of the time specified in 148(1) and before Seller cancels this Agreement, if at all' pursuant

to .t4c, euver ietiinslnj rignl to either (i) in writing remove remaining contingencies, or (ii) cancel this Agreement based upon a remaining

contingency or Seller,s faig;e to Deliver t'he spggifi6o terms. Once Briye/s written removal of all contingencies is Delivered to Seller, Seller

may not cancel this Agreement pursuant to 14C(1).C. SELLERRIGHTTOCANCEL:

(l) Seller right to Cancel; Buyer Contingencies: lf, within time specified in this Agreem,ent,_Buyer doesxot, in writing, Deliver to Seller a

removal of the applicable contingency or-cancellation of this Agreement then Seller,lfter first Delivering to Buyer a Notice to Buyer to Perform

(C.A.R. form fll5Fl may cancetinis Agreement. ln such event, Seller shall euthorize return of Buye/s deposit. . .

(2) Seller right to cancel; Buyer contract obligations: seller,^ afier Jirst Delivering to,Buyer.a NBP may cancel this Agreement for any of the

following reasons: (i) if Buyer tuits to oepoin-tu-nos asrequired by 3A or 38; (ii) if ihe funils deposited pursuant to 3A or 38 are not good when

deposited; tiiii it airvir faits to Detiver i notice of FHA br vA iosts or terms as required_by 3c(3) (cAR- Form FVA); (iv) if Buyer fails toDetiver a rettei as-rftrirrJ oy 3H; (v) ir euiei iaie to Deliver verification as required by 3G dr 3J; (vi) if seller reasonably disapproves of the

veilfication p.uia"Jiv'sG ;3J;iuai) if diler6ils to return Statutory and Lead.Discloiures.as required bv pgggraph_6A(2); or (viii) if Buver

fails to sign or initial a separate liquidated damage form for an increased deposit as required by paragraphs 38 and 25. ln such event, Seller

shall authorize return of Buye/s deposit'(3) Notice To Buyer To perform: The NBP shalt: {i) be in.writing; (ii) be signed by Seller; and (iii) give Buyer atleast 2 (o..r fJ- ) Days

After Derivery ioi ti,itii n"1ime specified ii'tti"'i'pptic"ute paiigriptr, w-hichev6r occurs last) t6lake thi applicable action' A NBP mav not be

Delivered any earlier than 2 Days prior to ine eibiration oi tne ipiticaute time for Buyer to remove a contingency or cancel this Agreement or

meet an obligation specified in MC(Z).D. EFFECT OF BUYER.S REMOVAL OF CONTINGENCIES: lf Buyer removes, in writing, any contingency or cancellation 1s.ttc' unless othenrise

specifred in a separate written agreem_ent uetrr&-n gry;inc s"it"., Buy-er shall with. rEgard to that contingency or cancellation right conclusively

be deemed to na"e: iil comptetio att auyer inveitigaii;s, and revierr of reports and-other applicable information and disclosures; (ii) elected to

proceed with the tnniictioni and (iii)"t"irr"o

jrrliioitity, iesponsibility and expense for Repairs or corrections or for inability to obtain financing'

E. CLOSE OF ESCROW: BefOre seller or Buyer may""ncei

tnis Agreement for failure of the other party to close escrow pursuant to this-- Aftir"nt, S"tpioi Buyermust first give thebther a demand to close escrow (C.A.R. Form DCE).

F.EFFEGT OF CANCELLATION ON DEpOSITS: lf Buyer or seller gives written notice of cancellation pursuant to rig.hts duly exercised under the

terms of this Agreement, Buyer and seller "gie" io Sign mutual iistructions to cancel the sale and escrow and release deposits, if any' to theparty entifled to me funits, less fees and co"sts incun6d by that party. Fees and costs may b9 payable to service providers and vendors for

services and produc{s provided ouring escrow. C"iejCe of tunoi wiit require mutua! signed.release instructions from Buyer and Seller'judiciat decision or a'roitr"tion awird. A

-euv"i";-s"iler

may_ oe_sudiect to a, civil *f:ltv of up to $1,000 for refusal to sign such

instructions it no goJd faith dispute exists aito who is entifleb to the deposited funds (Civil Code Sf 057.3).

15. REpAIRS: Repairs shall be completed prior to final verification of condition unless otheruise agreed in writing. Repairs to be performed at selle/s

expense may be performed by seller_or tnrough oth;F,-piovloeo that the work complies with applicable Law, including govemmental permit'

inspection and approval requirements. Repairs sfiall be perf6rmed in a good, skiltful manner with. materials of quality and appearance comparable to

existing materials. lt is understood that exact restoration of appearancaor cosmetic items following all Repairs may not be possible' Seller shall: (i)

obtain receipts for Repairs performed oy others; iir) p.p"r" g writtel statement indicating the Repairs performed by seller and the date of such

R6;'^; ;A iiii) provile Cobies ot receiits ano stirt6ments to Buyer prior to final verification of condition.

16.FlNALvERlFlcATloNoFcoND|TloN:Buyershallhavetherighttomakeafinalinspec1ionofthePropertywithin5(or-)DavsPr!91to close of Escrow, NOT AS A coNTtNGENCy OF THE SA[E, but sotety to confirm: (i].the Property is maintained qlfu-"l! to paragraph 9; (ii)

Repairs have been completed as agreed; and {iiijs;ib; has ;;piied with s-eters other obligations under this Agreement (c.A.R Form VP)'

17. PRORATIONS OF pROpERTy rAxEs AND OTHER IrEMS: Unless othenrise agreed in writing,. the following items shall be PAID CURRENT and

proratedbetween

guv"ilnd s"ller as of close oiiscrow' real property taxes and issessments, interest, rents, HoA regular, special, and emergency

dues and ""r"""r",it,,ilp&; prior to close of Escrou iremiurirs on insurance assumed by Buyer, payments on bonds and assessmentsassumed by Buyer, and payments on Mello-Roos and oth"r SpbciatAssessment District bonds and asseisments that are a current lien' The following

items shal oe assumitV auv"i wrrnour cRiDlr toward' the purchase price: prorated paymenls on Mello-Roos and other special Assessment

District bonds and assessments and HOA special assessmentsth'at are a current'lien but ioiyet due. Property will be reassessed upon change of

ownership. any supprementar ta" bilts shall oe paiJaiiJiil' (0 ior periods after close of Eicrow, by Buyer;-and (ii) for periods prior to close ofEscrow, by seiler t."" ce.c FJ* spr or sebAioi furfirli inrbimatibnl. inx BILLS TSSUED AFTERbLOSE OF EscRow SHALL BE HANDLED

DtREcTLy BETWEEN eaJVEnnNo SELLER. Prorations shall be made based on a 3oday month.

-:ZBuyer'slnitials( :' :t- )(-)Copyright O 1991-2olo, CALIFORNIA ASSOCIATION OF REALTORS@, INC'

RPA-CA REVISED 4110 (PAGE 5 OF 8)

Selleislnitials( )(-)Reviewed by

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Date

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ABI,AI rl0r6slc

cALtFORNtA RESIDENTIAL PURCHASE AGREEMENT (RPA4A PAGE 5 OF 8)



Property Address: Los AIIeg,LEs,824 W. 707TH STREET

cA 90044 Dale'. March 77 207718. SELECTION OF SERVICE PROVIDERS: Brokers do not guarantee the performance of any vendors, service or product providers ("Providers"),

whether referred by Broker or selected by Buyer, Seller or other person. Buyer and Seller may seleci ANY Providers of their own choosing.19. MULTIPLE LISTING SERVICE ("MLS"): Brokers are authorized to report to the MLS a pending sale and, upon Close Of Escrow, the sales price and

other terms of this transaction shall be provided to the MLS to be published and disseminated to persons and entities authorized to use theinformation on terms approved by the MLS.

20. EQUAL HOUSING OPPORTUNIW: The Property is sold in compliance with federal, state and local antidiscrimination Laws.21. ATTORNEY FEES: ln any action, proceeding, or arbitration between Buyer and Seller arising out of this Agreement, the prevailing Buyer or Seller

shall be entitled to reasonable attorney fees and costs from the non-prevaiting Buyer or Seller, except as provided in paragraph 26A'.22. DEFINITIONS: As used in this Agreement:

A. "Acceptance" means the time the offer or final counter offer is accepted in writing by a pafty and is delivered to and personally received by theother party or that party's authorized agent in accordance with the terms of this offer or a final counter offer.

B. "C.A.R. Form" means the specific form rebrenced or another comparable form agreed to by the parties.C. "Glose Of Escrow" means the date the grant deed, or other evidence of lransfer of title, is recorded.D. "Copf'means copy by any means including photocopy, NCR, facsimile and electronic.E. "Days" means calendar days. However, After Acceptance, the last Day for performance of any aci required by this Agreement (including Close

Of Escrow) shall not include any Saturday, Sunday, or legal holiday and shall instead be the next Day.F. "Days Afte/' means the specified number of calendar days afrer the occurrence of the event specified, not counting the calendar date on which

the specified event occurs, and ending at 1 1:59PM on the final day.G. "Days Prio/' means the specified number of calendar days before the o@urren@ of the event specified, not counting the calendar date on which

the specified event is scheduled to ocrur.H. "Deliver'', "Delivered" or "Delivery", regardless of the method used (i.e. messenger, mail, email, fax, other), means and shall be effective upon

(i) personal receipt by Buyer or Seller or the individual Real Estate Licensee for that principal as specified in paragraph D of the section tilled RealEstate Brokers on page 8; OR (ii) if checked, E per the attached addendum (C.A.R. Form RDN).

l. "Electronic Copy" or "Electronic Signature" means, as applicable, an electronic copy or signature complying with California Law. Buyer andSeller agree that electronic means will not be used by either party to modi! or alter the content or integrig of this Agreement without theknowledge and consent of the other party.

J. "Lan/'means any law, code, statute, ordinance, regulation, rule or order, which is adopted by a controlling city, county, state or federal legislative,judicial or executive body or agency.

K. "Repairs" means any repairs (including pest control), alterations, replacements, modifications or retrofrtting of the Property provided for under thisAgreement.

L. "Signed" means either a handwriften or eleclronic signature on an original document, Copy or any counterpart.23. BROKER COMPENSATION: Seller or Buyer, or both, as applicable, agrees to pay compensation to Broker as specified in a separate written

agreement between Broker and that Seller or Buyer. Compensation is payable upon Close Of Escrow, or if escrow does not close, as otherwisespecified in the agreement betureen Broker and that Seller or Buyer.

24. JOINT ESCROW INSTRUCTIONS TO ESCROW HOLDER:A. The following paragraphs, or applicable portions thereof, of this Agreement constitute the joint escrow instructions of Buyer and Seller

to Escrow Holder, which Escrow Holder is to use along with any related counter offers and addenda, and any additional mutual instructions toclose the escrow: '1, 3, 4, 6C, 118 and D, 12, 138, 14F, 17,22,23,24,28, 30, and paragraph D of the seclion titled Real Estate Brokers on page8. lf a Copy of the separate compensation agreement(s) provkJed for in paragraph 23, or paragraph D of the section titled Real Estate Brokers onpage I is deposited with Escrott Holder by Broker, Escrow Holder shall accept such agreement(s) and pay out of Buyer's or Selle/s funds, orboth, as applicable, the respective Broke/s compensation provided for in such agreement(s). The terms and conditions of this Agreement notspecifically referenced above, in the specified paragraphs are additional matters for the information of Escrow Holder, but about wlrich EscrowHolder need not be concemed. Buyer and Seller will receive Escrow Holde/s general provisions direcfly from Escrow Holder and will executesuch provisions upon Escrow Holde/s request. To the extent the general provisions are inconsistent or conflic't with this Agreement, the generalprovisions will control as to the duties and obligations of Escrow Holder only. Buyer and Seller will execute additional instructions, documents andforms provided by Escrow Holder that are reasonably necessary to close the escrow.

B. A Copy of this Agreement shall be delivered to Escrow Holder within 3 business days ater Acceptance (or I). Escrow Holder shall provide Selle/s Statement of

lnformation to Title company when received from Seller. Buyer and Seller authorize Escrow Holder to accept and rely on Copies and Signaturesas defined in this Agreement as originals, to open escrow and for other purposes of escrow. The validity of this Agreement as between Buyer andSeller is not affecied by whether or when Escrow Holder Signs this Agreement.Brokers are a party to the escrow for the sole purpose of compensation pursuant to paragraphs 23 and paragraph D of the section tilled RealEstate Brokers on page 8. Buyer and Seller inevocably assign to Brokers compensation specified in paragraphs 23, respectively, and irrevocablyinstruct Escrow Holder to disburse those funds to Brokers at Close Of Escrow or pursuant to any other mutually executed cancellation agreement.Compensation instruclions can be amended or revoked only with the written consent of Brokers. Buyer and Seller shall release and hold harmlessEscrow Holder ftom any liability resulting from Escrow Holde/s payment to Broker(s) of compensation pursuant to this Agreement. Essow Holdershall immediately notify Brokers: (i) if Buye/s initial or any additional deposit is not'made pursuant to this Agreement, or is not good at time ofdeposit with Escrow Holder; or (ii) if either Buyer or Seller instruct Escrow Holder to cancel escrow.A Copy of any amendment that affec{s any paragraph of this Agreement for which Escrow Holder is responsible shall be delivered to EscrowHolder within 2 business days after mutual execution of the amendment.

c.

D.

Buyer's lnitials ( C iL ) (

-)

Copyright @ 1 991 -201 0, CALIFORNI,A ASSOCIATION OF REALTORS@, INC

RPA-CA REVISED.I/10 (PAGE 6 OF 8) Print Date

Selle/slnitials( )(_)Revieued by

-

Date AEfl'ltm6r€OMNTUITY

GALIFORNIA RESTpENTTAL PURCHASE AGREEMENT (RPA-CA PAGE 6 OF 8) CORNELIORAC



824 W. 7O7TH STREETPropertyAddressi Los At:tcELEs, cA 90044 Dale: March 77 2077

25. LIQUIDATED DAMAGES: lf Buyer fails to complete this purchase because of Buye/s default Seller shall rctain, asliquidated damages, the deposit actually paid. lf the Propefi is a dwelling with no more than four units, one of which Buyerintends to occupy, then the amount retained shall be no monE than 3% of the purchase price. Any excess shall be returnedto Buyer. Release of funds will require mutual, Signed release instructions from both Buyer and Seller, judicial decision orATbitTatiOn awaTd. AT TIME OF THE INCREASED DEPOSIT BUYER AND SELLER SHALL SIGN A SEPARATE LIQUIDATEDDAMAGES PROVTSTON FOR ANY TNCREASED DEPOS|T. (C.A.R. RrD).

26. DISPUTE RESOLUTION:A. MEDIATION: Buyer and Seller agree to mediate any dispute or claim arising between them out of this Agreement, or any resulting transaction,

before resorting to arbitration or court ac{ion. Buyer and Seller also agree to mediate any disputes or claims with Broke(s}, who, in writing,agree to such mediation prior to, or within a reasonable time after, the dispute or claim is preeented to the Broker. Mediation fees, if any,shall be divided equally among the parties involved. ll for any dispute or claim to which this paragraph applies, any party (i) commences an actionwithout first attempting to resolve the matter through mediation, or (ii) before @mmenoement of an aclion, refuses to mediate after a request hasbeen made, ihen that party shall not be entitled to recover attorney fees, even if they would otherwise be available to that party in any such aclion.THIS MEDIATION PROVISION APPLIES WHETHER OR NOT THE ARBITRATION PROVISION lS INITIALED. Exclusions from this mediationagrcement are specified in pangnph 26C.

B. ARBITRATION OF DISPUTES:Buyer and Seller agrce that any dispute or claim in Law or equity arising between them out of this Agreement or anyresulting transaction, which is not settled through mediation, shall be decided by neutral, binding arbitration. Buyer andSeller also agr€e to arbitrate any disputes or claims with Broker(s), who, in writing, agree to such arbatration prior to, orwithin a reasonable time after, the dispute or claim is presented to the Broker. The arbitrator shall be a retired judge orjustice, or an attorney with at least 5 years of residential real estate Law experience, unless the parties mutually agree toa different arbitrator. The parties shall have the right to discovery in accordance with Gode of Givil Procedure 91283.05.ln all other respects, the arbitration shall be conducted in accordance with Title 9 of Part 3 of the Gode of CivilProcedure. Judgment upon the award of the arbitrator(s) may be entered into any court having jurisdiction. Enforcementof this agreement to arbitrate shall be govemed by the Federal Arbitration Act. Exclusions from this arbitrationagreement are specified in paragraph 26C.

"NOTICE: BY INITIALING lN THE SPACE BELOW YOU ARE AGREEING TO HAVE ANY DISPUTE ARISING OUTOF THE MATTERS INCLUDED IN THE'ARBITRATION OF DISPUTES'PROVISION DECIDED BY NEUTRAL ARBITRATIONAS PROVIDED BY CALIFORNIA LAW AND YOU ARE GIVING UP ANY RIGHTS YOU MIGHT POSSESS TO HAVE THEDISPUTE LITIGATED IN A COURT OR JURY TRIAL. BY INITIALING IN THE SPACE BELOW YOU ARE GIVING UP YOURJUDICIAL RIGHTS TO DISCOVERY AND APPEAL, UNLESS THOSE RIGHTS ARE SPECIFICALLY INCLUDED IN THE.ARBITRATION OF DISPUTES' PROVISION. IF YOU REFUSE TO SUBMIT TO ARBITRATION AFTER AGREETNG TO THISPROVISION, YOU MAY BE COMPELLED TO ARBITRATE UNDER THE AUTHORITY OF THE CALIFORNIA CODE OF CIVILPROCEDURE. YOUR AGREEMENT TO THIS ARBITMTION PROVISION IS VOLUNTARY."

*WE HAVE READ AND UNDERSTAND THE FOREGOING AND AGREE TO SUBMIT DISPUTES ARISING OUTOF THE MATTERS INCLUDED IN THE'ARBITRATION OF PROVISION TO NEUTRAL ARBITRATION."

C. ADDITIONAL iiEDIATION AND ARBITRATION TERMS:(f ) EXCLUSIONS: The following matterc shall be excluded from mediation and arbitration: (i) a judicial or non-judicial foreclosurc orother action or proceeding to enforce a deed of truet, mortgage or installment land sale contnct ao dellned in Civil Code 52985; (ii)an unlawftil detainer action; (iii) the filing or enforcement of a mechanic's lien; and (iv) any matter that Is within the jurlsdiction of aprobate, small claims or bankruptcy court. The flling of a court action to enable the recording of a notice of pending action, fororder of attachment, receivership, injunction, or other provisional remedies, shall not constitute a waiver or violation of themediation and arbitration provlsions.

(2) BROKERS: Brokers shall not be obligated or compelled to mediate or arbitrate unless they agree to do so in writing. Any Broke(s)participating in mediation or arbitration shall not be deemed a party to the Agreement.

27. TERMS AND CONDITIONS OF OFFER:This is an offer to purchase the Property on the above terms and conditions. The liquidated damages paragraph or the arbitration of disputesparagraph is incorporated in this Agreement if initialed by all parties or if incorporated by mutual agreement in a counter offer or addendum. lf at leastone but not all parties initial such paragraph(s), a counter offer is required until agreement is reached. Seller has the right to continue to offer theProperty for sale and to accept any other offer at any time prior to notification of Acceptance. lf this offet is accepted and Buyer subsequently defaults,Buyer may be responsible for payment of Brokers' compensation. This Agreement and any supplement, addendum or modffication, including any

Copy, may be Signed in two or more counterparts, all of which shall constitute one and the same writing.28. TIME OF ESSENCE; ENTIRE CONTMGT; GHANGES: Time is of the essence. All understandings between the parties are incorporated in this

Agreement. lts terms are intended by the padies as a final, complete and exclusiw expression of their Agreement with respect to its subject matter,and may not be contradicted by evidence of any prior agreement or contemporaneous oral agreement. lf any provision of this Agreement is held to beinefiective or invalid, the remaining provisions will nevertheless be given full force and effect. Except as othenvise specified, this Agreement shall beinterpreted and disputes shall be resolved in accordance with the laws of the State of California. Neither this Agreement nor any provision in itmay be extended, amended, modified, altgred or changed, cxcept in wrlting Slgned by Buyer and Seller.

4Buvefslnitials( . -t\ )( )

Copyright @ 1991-2o10, CALIFORNIA ASSOCIATION OF REALTORS@, lNC,

RPA-CA REVTSED /t/lo (PAGE 7 OF 8)

Selle/slnitials( )(_)Revie\fled by

-

DateAEqJltIilJS|lGOPPORIWIY

CALIFORNIA RESIDENTIAL PURCHASE AGREEMENT (RPA€A PrtGE 7 OF 8) CORNELIORAC



Property Address:824 W. 7O7TH STREETLOS AITGELES, CA 90044 Dale: March 77 2077

29. EXPIRIATION OF OFFER: This offer shall be deemed revoked and the deposit shall be retumed unless the offer is Signed by Seller and a Copy of theSignedofferispersonallyreceivedbyBuyer,orby,whoisauihorized to receiv,!

-it, ui 's:oo eu ' o d'tr p.y

El AM n PM, on

-

(date))-to the above confirmation of agency relationships.

Date

BUYER

(Print name)

(Address)E Additional Signature Addendum attached (C.A.R. Form ASA).

30. ACCEPTANCE OF OFFER: Seller warrants that Seller is the owner of the Property, or has theabove offer, agrees to sell the Property on the above tetms and conditions, and agrees to theread and acknowledges receipt of a Copy of this Agreement, and authorizes Broker to Deliver a

E (tf checked) SUBJECT TO ATTACHED COUNTER OFFER (C.A'R. Form CO) DATED:Date Date

SELLER SELLER

(Print name) (Print name)

authority to execute this Agreement. Seller accepts theabove confrmation of agency relationships. Seller hasSigned Copy to Buyer.

(Address)E edditional Signature Addendum attached (C.A.R. Form ASA).

(- I

-)

coNFlRMATloN oF ACGEPTANcE: A copy of signed(lnitials) agent on (date) _ at _

Acceptance was personally received by Buyer or Buyefs authorizedfl AM E PM. A binding Agreement is created when

a Copy of Signed Acceptance is personally received by Buyer or Buye/s authorized agent whether or not confirmed inthls document. Completion of this confirmation is not legally required in order to create a binding Agreement. lt is solelylntended to evidence the date that Confirmation of Acceptance has occurred.

REAL ESTATE BROKERS:A. Real Estate Brokers are not parties to the Agreement between Buyer and Seller.B. Agency relationships are confirmed as stated an paragraph 2.

C. lf specified in paragraph 3A(2), Agent who submifted the offer for Buyer acknowledges receipt of deposit.

D. COOPERAThIG BROKER COIIPENSATION: Listing Broker agrees to pay Cooperating Broker (Selling Firm) and Cooperating Broker agrees toin escrow: (i) the amount specified in the MLS, provided Cooperating Broker is a Participant of the MLS inaccep{, out of Listing

whicrh the Property isCBe) between Listingwill pe required

for slleand Cor

reciprocal MLS; or (ii) E (if chect<ed) the amount specified in a separate written agreement (C.A.R. FormBroker. Declaration of License and Tax (C.A.R. Form DLT) may be used to document that tax reporting

RealBy

TelephoneReal Estate Broker (Listing Firm)By

iaepno

DRE Lic. #DateState zip

ESCROW HOLDER ACKNOWLEDGMENT:Escrow Holder acknowledges receipt of a Copy of this Agreement, (if checked, ! a deposit in the amount of $

counter offer numbered fl Selle/s Statement of lnformation and fl Other

tupplemental escrow instructions and the terms of Fscrow Holder's general provisions if any.

Escrow Holder is advised that the date of Confirmation of Acceptance of the Agreement as between Buyer and Seller is

Escrow Holder Escrow#Date

Phone/FEscrow Holder

PRESENTATION OF OFFER: ( ) Listing Broker presented this offer to Seller on

REJECTION OF OFFER: (_ ) (

-

) No counter ofbr is being made. This offer was rejected by Seller onSelleds lnitials

(date).

used only by

/;L=lEol,At H0usNcOPPORTUNITY

Hrs FoRlr/r HAs BEEN appnovro sy rHE CALironrun AssoctATloN oF REALToRS@ (c.AR.). No REPRESENTATIoN ls MADE As ro rHE LEGAL vALlDlrYROVISION IN ANY SPECIFIC TMNSACTION- A REAL ESTATE BROKER IS THE PERSON QUALIFIED TO ADVISE ON REAL ESTATE TRANSACTIONS. IF YOU DESIRE

ONSULT AN APPROPRIATE PROFESSIONAL.

emb€rs of tha NAT|OHAL nSSOCnttON OF REALTORSO who subscribe to its Code of Ethics.

F;l Published and Disbibuted by:

E " I REAL ESTATE BUSINESS sERVtcES, tNc.E - I a subsr?iarv of the Califomialssocration ofREAIIORS@ll' 525 Soufr Virgil Avenue, Los Angeles, Califomia 90020

Reviewed by

Broker or tlesignee _ Date

OR AOEQUACY OF ANYLEGAL OR TAX ADVICE.

CORNELIORACREVISION DATE 4/10CALIFORNIA RESIDENTIAL PURCHASE AGREEMENT

(RPA-CA PAGE 8 OF 8)



+ CALIFORNIAASSOCIATIONOF REALTORS@

Property Address: w. 70718

BUYER'S INSPECTION ADVISORY(C.A.R. Form BIA-A, Revised 10/02)

LOS A}IGEWS ("Property").

A. IMPoRTANCE OF pROpERTy INVESTIGATION: The physical condition of the land and improvements being purchased is not

guaranteed by either Seller or Brokers. For this reason, you should conduct thorough investigations of the Property personally and with

rofessionals who should provide written reports of their investigations. A general physical inspection typically does not cover all aspectsbf tne eroperty nor items affecting the Property that are not physically located on the Propefi. lf the professionals recommend further

nvestigations, including a recomriendation by a pest control operator to inspectinaccessible areas of the Property, you should contact

qualified experts to conduct such additional investigations.

B. BUYER RIGHTS AND DUTIES: You have an affirmative duty to exercise reasonable care to protect yourself, including discovery ofhe legal, practical and technical implications of disclosed facls, and the investigation and verification of information and facts that you

know 6r ihat are within your diligent attention and observation. The purchase agreement-gives you the right to investigate the Property- lfyou exercise this right,

'and yorisnould, you must do so in accordance with the terms of that agreement. This is the best way for you to-

irotect yourself. ttjs ercremely important for you to read all written.reports provided by professionals and to discuss the results ofnspections with the professional wiro conduct6d the inspection. You have the right to requesl that Seller make repairs, conections or

ake other action based upon items discovered in your investigations or disclosed by Seller. lf Seller is unwilling or unable to satisff your

requests, or you do not'want to purchase the froperty in its disclosed and discovered condition, you have the right to cancel the

agieement if you act wiinin specific time periods. lf yori do not cancel the agreement in a timely and proper manner, you may be in

breach ofcontract.

c. SELLER RIGHTS AND DUTIES: Seller is required to disclose to you material facts known to him/her that affect the value or

desirability of the property. However, Seller may noi be aware of some Property defucts or conditions. Seller does not have an obligationo inspea the properiy foi your benefit nor is S6lbr obligated to repair, conect or otherwise cure known defects that are disclosed to you

or previously unfnown defects that are discovered by you or your inspectors during escrow. The purchase agreement obligates Seller to

make the Property available to you for investigations'

D. BROKER OBLIGATIONS: Brokers do not have expertise in all areas and therefore cannot advise you on qany items, such as soil

stability, geologic or environmental conditions, hazardous or illegal controlled substances, structural conditions of the foundation or other

improverients,-or the condition of the rool plumbing, heating, air conditioning, electrical, sewer, septic, waste dispo_sal, or other system.

The only way to accurately determine the conditioriof the Ploperty is through an inspeclionty an appropriate professional selected by

you. lf tiror* gives you-i;tenals to such professionals, Brokei doLs not guarantee their perf.ormanc,e. You may select any professional

6f you, cnoosi-ng. tn-satei involving resid'ential dwellings with no more than four units, Brokers have a duty to make a diligent visual

inspection of thd accessible areas 6f tne eroperty and Io disclose the results of that inspection. However, as some Property defects or

*ncition" may not be discoverable from a visual inspection, it is possible Brokers are not aware of them. lf you have entered into a

*iitt"n atreement with a Broker, the specific terms of that agreeqgl! will determine the nature and extent of that Broke/s duty to you.

you ARESTRoNGLy

ADVIsED To tNVEsTtcATE THE c6xomon AND SUITABILITY oF ALL AsPEcTs oF THE PROPERTY. lF

YOU DO NOT DO SO, YOU ARE ACTING AGAINST THE ADVICE OF BROKERS.

E. YOU ARE ADVISED TO CONDUCT INVESTIGATIONS OF THE ENTIRE PROPERW, INCLUDING, BUT NOT LIMITED TO THE

FOLLOWNG:1. GENERAL CONDITION OF THE PROPERTY, ITS SYSTEMS AND COMPONENTS: FOUNdAIiON, TOOf, PIUMbiNg' hEAtiNg' AiT

conditioning, electrical, mechanical, security, pool/spa, other structural and non-structural systems_ and cornponents, fixtures,

built-in appliances, any personal property included in ihe sale, and energy efficiency of the ProperU- (structural engineers are best

suited to determine posiiote design or construction defects, and whether improvements are structurally sound.)

2. seuARE FoorAGl, AGE, B9gNDARIES: square footage, room dimensions, lot size, age of improv_ements and boundaries. Any

numerical statemend r"gaioing these items are AppRoilMATloNs ONLY and have not been verified by seller and cannot be

verified by Brokers. Fences, hedges, watts,ietaining walls and other natural or constructed barriers or markers do not necessarily

identiff true eroperty uoundariesl (professionals srich as appraisers, architects, surveyors and civil engineers are best suited to

determine square footage, dimensions and boundaries of the Property.)

3. wooD DESTROYING pESTS: presence ol or conditions likely to lead to the presence of wood destroying pe-sts and organisrns

and other infestation or infection. lnspection'reports covering these items can be separated into two sections: Sec'tion 1 identifiesareas where infestation or infection is evident.'section 2 identifies areas where there are conditions likely to lead to infestation or

infection. A registered structural pest control company is best.suited to perform these inspections.

4. solL sTABlLlTy: Existence of fill or compacted soil, expansive or contracting soil, susceptibility to slippage, seftling or movement,

and the aoequacy o:ioiiinig". (eeoteCnnGiengineeo bre oest suited to det6rmine such conditions, causes and remedies.)

The copyright laws of the United States fl'itle 17 U.S' Code) forbid theunautndrize? reproduction of this form, or any portion thereof, by photocopymachine or any other means, including facsimile or computerized formats.

Gopyright @ 1991-2004, CALIFORNIA ASSOCIATION OF REALTORS@'INC. ALL RIGHTS RESERVED.

B|A-A REVISED 10/02 (PAGE I OF 2)

Buyeis lnitials (-(o[-) (

-)

Seller's lnitials (-) (

-)

Revievved by

-

Date

-BUYER'S INSPECTION ADVISOXY

Atu, tlm{JsllcOPPORIUNITY

11943 Paramount Blvd

PAGE I OF



PropefiAddress'. 824 ,t 70724 STREET , LOS ANaET,ES CA 90044

5. ROOF: Present condition, age, leaks, and remaining useful life. (Roofing contractors are best suited to determine these conditions.)6. POOUSPA: Cracks, leaks or operational problems. (Pool contractors are best suited to determine these conditions.)7. WASTE DISPOSAL: Type, size, adequacy, capacity and condition of sewer and septic systems and components, connection to

sewer, and applicable fees.8. WATER AND UTILITES; WELL SYSTEMS AND COMPONENTS: Water and utility availability, use restrictions and costs. Water

quality, adequacy, condition, and performance of well systems and components.9. ENVIRONMENTAL HAZARDS: Potentialenvironmental hazards, including, but not limited to, asbestos, lead-based paint and other

lead contamination, radon, methane, other gases, fuel oil or chemical storage tanks, contaminated soil or water, ha2ardous waste,waste disposal sites, electromagnetic fields, nuclear sourcea, and other substances, materials, products, or conditions (includingmold (airbome, toxic or otherwise), fungus or similar contaminants). (For more information on these items, you may consult anappropriate professional or read the booklets'Environmental Hazards: A Guide for Homeowners, Buyers, Landlords and Tenants,""Protect Your Family From Lead in Your Home" or both.)

10. EARTHQUAKES AND FLOODING: Susceptibility of the Property to earthquake/seismic hazards and propensity of the Property toflood. (A Geologist or Geotechnical Engineer is best suited to provide information on these conditions.)

11. FIRE, HAZARD AND OTHER INSURANCE: The availability and cost of necessary or desired insurance may vary. The location ofthe Property in a seismic, flood or fire hazard zone, and other conditions, such as the age of the Property and the claims history ofthe Property and Buyer, may affect the availability and need for certain types of insurance. Buyer should explore insurance optionsearly as this information may affect other decisions, including the removal of loan and inspection contingencies. (An insurance agentis best suited to provide information on these conditions.)

12. BUILDING PERMITS, ZONING AND GOVERNMENTAL REQUIREMENTS: Permits, inspections, certificates, zoning, othergovemmental limitations, restrictions, and requirements affeciing the cunent or future use of the Property, its development or size.(Such information is available from appropriate govemmental agencies and private information providers. Brokers are not qualified toreview or interpret any such information.)

13. RENTAL PROPERTY RESTRICTIONS: Some cities and counties impose restrictions that limit the amount of rent that can becharged, the maximum number of occupants; and the right of a landlord to terminate a tenancy. Deadbolt or other locks and securitysystems for doors and windows, including window bars, should be examined to determine whether they satisff legal requirements.(Government

agencies canprovide

information about these restric{ions and other requirements.)14. SECURITY AND SAFETY: State and local Law may require the installation of barriers, access alarms, selfJatching mechanismsand/or other measures to decrease the risk to children and other persons of existing swimming pools and hot tubs, as well as variousfire safety and other measures concerning other features of the Property. Compliance requirements differ from city to city and countyto county. Unless specifically agreed, the Property may not be in compliance with lhese requirements. (Local govemment agenciescan provide information about these restrictions and other requirements.)

15. NEIGHBORHOOD, AREA, SUBDIVISION CONDITIONS; PERSONAL FACTORS: Neighborhood or area conditions, includingschools, proximity and adequacy of law enforcement, crime statistics, the proximity of registered felons or offenders, fire protection,other govemment services, availability, adequacy and cost of any speed-wired, wireless intemet connections or othertelecommunications or other technology services and installations, proximity to commercial, industrial or agricultural activities,existing and proposed transportation, construction and development that may affect noise, view, or traffic, airport noise, noise or odorfrom any source, wild and domestic animals, other nuisances, hazards, or circumstances, protected species, wetland properties,botanical diseases, historic or other governmentally protected sites or improvements, cemeteries, facilities and condition of commonareas of common interest subdivisions, and possible lack of compliance with any goveming documents or Homeowners'Associationrequirements, conditions and influences of significance to certain cultures and/or religions, and personal needs, requirements andpreferences of Buyer.

Buyer and Seller acknowledge and agree that Broker: (i) Does not decide what price Buyer should pay or Seller should accept; (ii) Does notguarantee the condition of the Property; (iil) Does not guarantee the performance, adequacy or completeness of inspections, seMces, products orrepairs provkled or made by Seller or others; (iv) Does not have an obligation to condud an inspection of common areas or areas off the site of theProperty; (v) Shall not be responsible for identiffing defects on the Property, in common areas, or ofisite unless such defects are visually observableby an inspec{ion of reasonably accessible areas of the Property or are known to Broker; (vi) Shall not be responsible for inspecting public records orpermits conceming the title or use of Property; (vii) Shall not be responsible for identifying the location of boundary lines or other items affecting title;(viii) Shall not be responsible for verifying square botage, representations of others or information contained in lnvestigation reports, Muhiple ListingService, advertisements, flyers or other promotional material; (ix) Shall not be responsible for providing legal or tax advice regarding any aspect of atransaction entered into by Buyer or Seller; and (x) Shall not be responsible for providing other advice or information that exceeds the knowledge,education and experience required to perform real estate licensed activity. Buyer and Seller agree to seek legal, tax, insurance, title and otherdesired assistance from appropriate professionals.

they have read, understand, accept and have received a Copy of

Buyer Signature Date

Seller Signature Date Seller Signature Date

THIS FORM FIAS BEEN APPROVED BY THE CALIFORNIA ASSOCIATION OF REALTORS@ (C.A.R.), NO REPRESENTATION IS MADE AS TO THE LEGAL VALIDTTY ORADEQUACY OF ANY PROVISION IN ANY SPECIFIC TRANSACTION. A REAL ESTATE BROKER IS THE PERSON QUALIFIED TO ADVISE ON REAL ESTATETRANSACTIONS. IF YOU DESIRE LEGAL OR TAXADVICE, CONSULTAN APPROPRIATE PROFESSIONAL.This brm is available for use by he entire real estate industry. ft is not intended to identiry the user as a REALTOR@. REALTOR@ is a registered colleciive membership markwhich may be used only by members of the l,lATlOML ASSOCIATION OF REALTORS@ who subscribe to its Code of Ethics. ^^.

Published and Dsfibuled by:REAL ESTATE BUSINESS SERVICES, INC.a sufaidiary of tfc klilonia Asseiatbn of R64LIORS@

, 525 Souh Virgil Ave8ue, Los ArEeles, Cdifomia 90020

BIA-A REVISED 10,,02 (PAGE 2 oF 2)BuyER's rNspEctoN ADvrsoRy (B.A-A

'AGEzoF zl

Reviewed by _ Date

CORNELIO RAC

Sgller each acknowledge that



Property Address: 824'f

. 7O7TH STREET , LOS AI;IGEWS CA 90044 ('Property").The Seller of the Property is a lender who has acquired title to the Property either by foreclosure or through adeed given in lieu-of foreclosure. Many obligations imposed upon sellers, particularly sellers of real propertycontaining one-to-four dwelling.qlits, may not be applicaQle to the sale of the Property. However, everi though

Seller is exempt from -many obligations, Seller must still comply with many others.- Further, even thougliaSe.ller m.ay be exempt_from certain obligations, a real estate broker's obligations may still apply. This Advisoryis intended to inform Buyer and Seller of their rights and obligations independent of those'dsiablished by thircontract between them.

EXEMPTIONS:1. TDS, NHD, ilello-Roos, lmprovement Bond Act, Supplemental Propefi Taxes, Private Transfer Fee:

Seller is exempt from providing Buyer with the Real Estate Transfer Disclosure Statement (TDS), NaturalHazard Disclosure Statement (NHD), a Mello-Roos district lien disclosure, an lmprovement Bond Act of1915 notice, a Supplemental Property Tax notice, and a Notice of Private Transfer Fee pursuant toCalifornia Civil Code SS 1102 et seq.

2. Earthquake Guides: Seller is gxempt from providing either a Homeowner's or Commercial PropertyOwner's Guide to Earthquake Safety.

REQUIREMENTS:1. Disclosures: Seller is not exempt from common law and statutory duties concerning fraud and deceit,even though the specific TDS Form is not required to be completed. Seller remains obligated to discloseknown material facts affecting the value and desirability of the Property.

2. Hazard Zones: Seller is 4g[ exemot from applicable statutory obligations to disclose earthquake faultzones, seismic hazard zones, state fire responsibility areas, very high fire hazard severity zones, specialflood hazard areas and flood hazard zones pursuant to the Public Resources Code, Government Code andUnited States Code, even though, pursuant to the Civil Code, the specific NHD Form is not required to becompleted.

3. Smoke Detectors: The sale is not exempt from the State requirements that, for single family residences,operable smoke detectors be in place and that a written statement of compliance be provided to Buyer. ltis negotiable between Buyer and Seller who is to pay for the cost of compliance.

4. Water Heaters: The sale is not exempt from the State requirement that water heaters be properlyanchored, braced or strapped and that Seller provide a written statement of compliance to Buyer. lt is

negotiable between Buyer and Seller who is to pay for the cost of compliance.5. Lead-based Paint: The Seller is ngl exempt from the federal obligation to: (i) disclose known lead-basedpaint and lead-based paint hazards; (ii) provide Buyer with copies of reports or studies coveringlead-based paint and hazards on the Property; (iii) provide Buyer with the pamphlet'Protect Your FamilyFrom Lead ln Your Home'; and (iv) give Buyer a 10-day opportunity to inspect for lead-based paint andhazards, if the Property contains residential dwelling units and was constructed prior to 1978.

6. Tax Withholding: The sale is not exemot from providing information pertaining to the withholdingobligation under either the federal "FIRPTA" or the California withholding requirements upon the sale ofreal property. However, an REO Seller which is a corporation or limited liability company, formed within theUnited States, and qualified either with the Secretary of State to do business in California or with apermanent place of business in California, will be exempt from withholding under both federal andGalifornia law.

7. Megan's Law Database Disclosure: The sale is not exempt from the requirement that residential salescontracts contain the following notice regarding the availability of information about registered sexoffenders. 'Notice: Pursuant to Section 290.46 of the Penal Code, information about specified registeredsex offenders is made available to the public via an lnternet Web site maintained by the Department ofJustice at www.meganslaw.ca.gov. Depending on an offende/s criminal history, this information willinclude either the address at which the offender resides or the community of residence and ZIP Code in

,^\. .ALTF.RNTA REoADvrsoRy

f,) l:Tf; l;;?: " 'o'Properties "iH::$#*:iffil-"rForecrosure

,a t'Buyerslnitals(-)(-)The copyright laws of the United States (Title 17 U.S. Gode) forbid theunauthodzed reproduction of this form, or any portion thereof, by photocopymachine or any other means, including facsimile or computerized formats.Copyright @ 2008-2010, CALIFORNIA ASSOCIATION OF REALTORS@,INC. ALL RIGHTS RESERVED.

REO 1rlr0 (PAGE 1 OF 2)

Selbfslnitals(-)(-)

Revielved by _ DateAtdid. H,t stGOPPORTUTITY

REO ADVTSORY (REO PAGE 1 OF 2)

Agent: Angela Cardona Phone: (866)500-6140 Fax: Prepared using zipFonilD softwareBroker: lnvestors Realty Group 11943 Paramount Blvd Downey, CA90242



which he or she resides." (Neither Seller nor Brokers are reqgired to check this website.furtner information, Broker recommends that Buyer obtain information from this websiteinspection contingency period. Brokers do not have expertise in this area.)

8. Brokers:e.

-in"pdction: The sale is not gxempt fronl.the Broker's .obligation to conduct a reasonably competelt-a1d---aitd;ni viiual inipection oT-i6eEcessible areas of the.Property and. dis.close to. Buyer material factsr."u-eil6A bt;uch an inspection in the sale of residential proferty containing one-to-four dwelling unitsBrokers may do so on C.A.R. Form AVID'

e. Ageiiy' in'e-iare ls nol exerypt.fr.om.theobligation.to.provide.agency. relationship disclosure and

cdnfirmation forms in tnEsale ofEsidential property containing one-to-four dwelling units'

PropertyAddress: 824 W. 7O7TII STREET , LOS AIiIGEIES CA 90044

: Calfornia Civil Code section 1103.22 prohibits Seller from requiring, directly

lf Buyer wantsduring Buyer's

oiinOirecity, a Buyer to purchase title insurance or escrow services f.lgnl "particular title insurer or escrow

;d;i fi .6hnecti5n witd tne sate of residential property.im.p.roved..dth four or fewer dwellingg. The. B-uye

;it ;ddi6 usi-ine iitte oi esClow. prov!{gr reiommerided'by sqllq if-llg B,ygt!1t !?"",'lillgl1"J ?111"

2.

3.

;iltit 1j;;fie in-inOependent selecti6n of the applicable servi6e. This law is in effect until January 1, 2015FE'dLil iil, 12 u.s.b. Section 2608, prohibitd 'selter from requiring, d,irectly-or indirectly,,that the Buyepurchase tile insurlnie from any pdriicular title company as'a. condition of selling. residential propertyilffiGd \ilih ioui;i iewer o*"ltfnsil if the purchase will 6e made with a federally-related mgrtoqge loanS6lfer inO Auyer unOerJtinA inat gr:orers do hotte.quire Buy_er to purchase litle or escrow services from anypjrticufar provider. Ani iommunications from Sellbr that Brokqi may deliver to _Buyer. or Buyer's aqen

fi;;ffirdlne Giecti<in of tiile or escrow services should not be cohstruedas Broker's endorsement o

iJcommeriOition of, or request for Buyer to use, any particular title or escrow provider.Local Law: Locaf fiw may impose obligations on the-transfer of real. propertY (such .as tltg installation of lowirow ioireis or snowei nedOi,'emergeniy gas shut-off valves or instdllaiion of smoke d.etectors). Local lawl[6uto uitonsuGolo deterririne if 5abs oi Lender-owned property are exemp! frory] such requirements.AmenOments-io Contraii: Setter-piepared addenda, ambndments, or counter-otfers or a Seller-preparedffitra;i, mav conniii wiin, contraoict or be inconsistent with termg !1.BqVeq's offer. Brokers cannot adviseilff;i $ltLrliii*riii'n-sbeciti6 termsin any offer mqv be affgggg; (ii) whether-the.terms in any such Selle

6rJp-ir"i o6l.irn'6hiJ aie pbimisiiue unoer iatifornia Law; or (iii) in thb event.of a discrepancy between th$ffift;;;d;;;nreniJ ino i4y otner Agqegmglt betwee.n 6uyer and.seller, which.docum.ent or whicterms may supersdoe inJ otner. tiuver is idvised to seek legal-counsel to discuss the applicability andinieipretitlon df any Seller-prepared documents priorto signing..any such documents''i;6iF-p;rtyt ii tn" pr,ipeity was gtiupie.o oy a tena.it atlhe iime the lender acauip^tlg !1ooe$y qrline tJnant-riao ; bd; fiidlrm''s iength rentat ag?eement at a fair market rate, the tehalt maY.Fe entitled t

iG ilffi;J oi ineii'ieasJteim,-oiiiieast i goloay notice for termination of a month-to-month tenancy.;aditi;,r, ;rtlin reniionitot irlisOi"tions nave asserted that the tenant has rights-u{?.t51! 9,o1trol afterforeclosure. Moreover, ne tenant may be entitled to the return of their securi{y dgqolit even.if the securityldpJiit *"r noi given io the lender aft"er the foreclosure sale or to the buyer of the REo Property-

4.

By signing below, the undersigned acknowledge that each has read, understands and has receivedcopy of thisBuyer Date I"Iarch 77 2077

Buyer

Seller Date

Seller Date

a subsidiary of the Califomia Associatron of REALIORS@Reviewed by

-

Date525 South Virgil Avenue, Los Angeles, California 90020

rHtS F9RM HAS BEEN AppRoVED BY rHE q4\LIFqRNA ASSoCIATIoN oF EEALJQBS@ (q.4.8).Iq-REIEEQE!TAT|oN ls wIADE AS ro rHE LEGAL vALlDlrYo

ADEeuAcy oF ANy pnovrdrolfrN'nirvFpEQlri_c^rriAir-sabritjr.r. n-niAr-_esliie'siro(ERls iHfpinsoH QUALIFIED ro ADVISE oN REAL EsrAr?Fiil5n'dlo-r{s.]F ?ou oEsiiE'ieonl'oh rnxAovice. coNsulrAN APPRoPRIATE PRoFEssloNAL.

This form is available for use by the entire real estate induslry. ft is not intended lo_iqeltify the user as a REALTOR@.. REALTOR@ iS a registered collective membership ma

;li[diliHi,;;a ;ribim;fiuii; iiTrii r.ffilb-r.uir Asscj6lqrioN oF REALToRS@ who subscribe to its code or Ethics.

F;l Published and Distributed bY:

E " I REAL ESTATE BUSTNESS sERVlcES, lNc.9 : I a subsidiary of the Califomia Association of FI-il e rca an,r+h \/irail Arranrrc I nq Anoeles Califo

REO 1tl10 (PAGE 2 OF 2) REO ADVISORY (REO PAGE 2 OF 2)

AI gourrr nou:-J 0PP0RTUNIT

CORNELIORAC



NAME: CORTitrEI.,lO ESAU RAECust Since: 1o/o612u^08 Type: REG

Cloee-UpCONST]T-'IER SAVINGS

Cust<rrner Relationship Inquiry

ACCOUNTr0r 6{5.35

9CI. 93

M/F; M CuStomer rD: 11i2157518VIN: Tf,N:607-T4-1-?o

AcceunE c/A Laet $fr,cT "y;re/eroduct ReI Activi;ycTrDDA/I,IACgDA

*VTt/REGvrL/VeV

* - Cl+sed# - DivesEed: - I,IeggageAccount Ret Scrr

Avaitant€ BHI:

Jrverage Bal:$TATUS: ACTIVEFrT l{irhholdrProduct Code: CFlaga:

Open DL: 10/CSSLmE; 0U31/11

Info Restrict: N

11, ?e2 . 500, c0

SBRVICE

09489 - ?09 t609483'?262 93 63 8868 0s461???588

02 f zzl L!oz I 2?.J 11{ -

CA}tD

oilN0?flq

LOST

SunnraryAvail Eepoeits:Total Loan Bal:Of fer: FRIltiA ACCOTI$I

CCI4BII{ED BALANCE

Cuetomer Ret Ser: L



"F-le



I

[iI".tu,* Iunding 5200 E. Gage Ave. Bell. CA 90201

Telephone (323) 562-6007; Fax (323) 923-2673MORTGAGE COMPANY

February 2,2011

RE: Cornelio Rac

To Whom It May Concern:

This letter certifies that Liberty Funding has reviewed the credit and income of the abovementioned buyers and that they have been pre-qualified for a Purchase price of$250,000.00.

This pre-qualification is based on information provided to us by the borrower(s) havesufficient assets for the Down payment and more then suffrcient credit and income toqualify for the balance due for closing.

Final approval is subject to receipt ofthe Short Sale approval, appraisal finaldetermination, and underwriter's final approval.

This is not a loan commitment. interest rates are subject to change without notification.

Should you have any questions, please feel free to call me at:

- Bus: (323) 562-6007- Cell: (562) 522-5633

Sincerely,

purchase offer

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