Agmt 2012 Bay Area Homebuyer Agency (2)

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EXHIBIT A SCOPE OF SERVICES STATEMENT OF PURPOSE The Consultant, and its administrative entity, First Home, Inc., will provide the following services for the City of San Leandro: 1) Administration of the First Time Homebuyer (FTHB) Program including FTHB education seminars, homebuyer counseling, marketing, program development, monitoring of outstanding FTHB loans, refinancing of homeowners with outstanding FTHB loans, and performance reporting. 2) Administration of the Inclusionary Housing /BMR Ownership Program (IH /BMR) including managing (i.e., new sales, resales and refinancing) and monitoring of the City IH /BMR ownership units, marketing, program development, and performance reporting. 3) Implementation of post - purchase workshops and counseling to San Leandro residents that have become homeowners through the IH /BMR Housing and First -Time Homebuyer Programs in San Leandro. • 11. TERM AND COMMENCEMENT OF WORK The term of this agreement shall be for the period of July 1, 2012 through June 30, 2013. III. FIRST TIME HOMEBUYER PROGRAM A. HOMEBUYER EDUCATION SEMINARS Consultant will conduct two (2) homebuyer education seminars as well as the marketing and outreach for each seminar. The seminars shall cover the following topics: • Deciding to become a homeowner • The financial and personal responsibilities of home ownership • Credit — the implications for homeownership • Financing and qualifying for a home loan • • Personal financial budgeting and planning • Homebuyer financing programs - public and private sector • Choosing a real estate professional and services • Searching for a property • Negotiating the purchase • • • Property insurance • Escrow and title procedures Consulting Services Agreement between July 1, 2012 City of San Leandro and BAHBA -- Exhibit A Page 1 of 3