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    101 views2 pages

    Sellers RRRR#2

    Uploaded by

    Enrique Guevara

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 2

    SELLER RESPONSE AND BUYER REPLY

    TO REQUEST FOR REPAIR No. 2


    (Or other action)
    (C.A.R. Form RRRR, Revised 6/22)

    Date Prepared: 05/23/2023


    In accordance with the terms and conditions of the Request For Repair No. 1 dated 05/17/2023 , on property known as
    449 W. Knepp Avenue, Fullerton, CA 92832-2718 (“Property”),
    between Hector Velaquez (“Buyer”),
    and Homes, Inc. C/O Laura Archuleta/Signer (“Seller”).
    Buyer and Seller are referred to as the "Parties."

    SELLER RESPONSE TO BUYER REQUESTS:


    1. SELLER AGREES: (Check all that apply).
    A. to all of Buyer's requests in Request for Repair No. , except:

    B. at Close Of Escrow, to credit Buyer $


    C. to modify the purchase price. The revised purchase price shall be $
    D. X Other Seller does not agree to buyers modification on RRRR#1, seller will not credit $25,000 to buyer.

    (Note: Any credit included in this paragraph is separate from and shall not reduce or supersede any other credit in the Agreement
    unless Otherwise Agreed. Credits need to be disclosed to Buyer's lender and total contractual credits may be limited pursuant to
    the Agreement. Total credit and price reduction amount may not be enough to remedy all defects or repairs.)

    Note to Seller: FHA/VA. If the Parties do not reach agreement on completing the repairs and other actions specified in paragraph 3A
    in the FHA or VA section of Buyer Requests in the Requests for Repair (C.A.R. Form RR), Buyer's FHA or VA lender will not loan Buyer
    the funds needed to purchase the Property. If that happens, and there is a finance contingency that has not been removed, Buyer may
    cancel this the Agreement (C.A.R. Form CC).
    2. SELLER'S CONDITIONS: Seller's agreement only applies if Buyer: (i) Removes the Investigation Contingency (paragraphs
    3L(3) and 8C), except the following or Buyer removes those contingencies identified on the
    Signed, Contingency Removal Form (C.A.R. Form CR) attached to Buyer's Request for Repairs or Buyer removes those
    contingencies identified on the attached, Contingency Removal Form (C.A.R. Form CR) by Signing and Delivering it within the time
    specified in paragraph 3A below, and (ii) Buyer Releases Seller from any loss, liability, expense, claim or clause of action
    regarding the disclosed condition of the Property (“Release”).
    3. EXPIRATION: Seller proposes this Seller Response to Buyer's Request for Repairs (RR) which shall be deemed revoked:
    A. Unless by 5:00 PM on the third Day after it is signed by Seller (or by AM/ PM on date) a Copy of this
    RRRR, and if applicable, the Seller's proposed CR in paragraph 2 above is/are both signed by Buyer and Delivered to Seller.
    B. If Seller withdraws this Request for Repair any time prior to Buyer's acceptance by communicating withdrawal to Buyer or
    Buyer's Agent.
    4. EFFECT OF SELLER REQUEST: SELLER MAKES THIS RRRR ON THE TERMS ABOVE AND ACKNOWLEDGES RECEIPT OF
    A COPY. BY MAKING THIS RRRR, ANY PREVIOUS RR OR SELLER RESPONSE AND BUYER REPLY TO REQUEST FOR
    REPAIR (C.A.R. Form RRRR) CAN NO LONGER BE ACCEPTED.

    Seller X Homes, Inc. C/O Laura Archuleta/Signer Date


    Seller Date

    © 2022, California Association of REALTORS®, Inc.

    RRRR REVISED 6/22 (PAGE 1 OF 2) Buyer's initials /

    RESPONSE AND REPLY TO REQUEST FOR REPAIR (RRRR PAGE 1 OF 2)


    RE/MAX Select One, 4952 Warner Ave, Suite 109 Huntington Beach CA 92649 Phone: 7144210103 Fax: 7148465595 449 W. Knepp
    Barbara Delgleize Produced with Lone Wolf Transactions (zipForm Edition) 717 N Harwood St, Suite 2200, Dallas, TX 75201 www.lwolf.com
    BUYER REPLY TO SELLER RESPONSE: (check one)

    NOTE TO BUYER: FHA/VA. If the Parties do not reach agreement on completing the repairs and other actions specified in paragraph
    3A in the FHA or VA section of Buyer Requests in the Requests for Repair (C.A.R. Form RR), and you have already removed or do
    remove your financing contingency, even though you may no longer be eligible for the FHA or VA loan specified in the Agreement, and
    may not be able to get another loan to purchase the property, you could be in breach of the Agreement if you are otherwise unable to
    pay Seller the purchase price.

    1. Buyer accepts Seller's response and agrees to Seller's conditions.


    OR 2. Buyer accepts Seller's response with the following modification:
    .
    Provided Seller agrees below to Buyer's modification(s), Buyer agrees to Seller's conditions. This RRRR including Buyer
    modification shall be deemed revoked unless by 5:00 PM on the third Day after it is Signed by Buyer (or by AM/
    PM on date) the proposed RRRR is Signed by Seller and a Copy is Delivered to Buyer or Buyer's
    Authorized Agent.
    OR 3. Buyer withdraws Request for Repair No. , and makes a new request in the attached Request for Repair No. .

    BUYER REPLY: BUYER REPLIES TO SELLER'S RRRR ON THE TERMS ABOVE AND ACKNOWLEDGES RECEIPT OF A
    COPY. BY MAKING THIS BUYER REPLY, ANY PREVIOUS RRRR OR RR CAN NO LONGER BE ACCEPTED.

    Buyer Hector Velaquez Date


    Buyer Date

    Seller Agreement: Seller agrees to the Buyer modification on the terms provided above.
    Seller Rejection: Seller does not agree to the Buyer modification. Buyer may submit a new Request for Repair.
    Seller Date _________________
    Seller Date _________________

    © 2022, California Association of REALTORS®, Inc. United States copyright law (Title 17 U.S. Code) forbids the unauthorized distribution, display and reproduction of
    this form, or any portion thereof, by photocopy machine or any other means, including facsimile or computerized formats. THIS FORM HAS BEEN APPROVED BY THE
    CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.). NO REPRESENTATION IS MADE AS TO THE LEGAL VALIDITY OR ACCURACY OF ANY PROVISION IN
    ANY SPECIFIC TRANSACTION. A REAL ESTATE BROKER IS THE PERSON QUALIFIED TO ADVISE ON REAL ESTATE TRANSACTIONS. IF YOU DESIRE LEGAL
    OR TAX ADVICE, CONSULT AN APPROPRIATE PROFESSIONAL. This form is made available to real estate professionals through an agreement with or purchase from
    the California Association of REALTORS®. It is not intended to identify the user as a REALTOR®. REALTOR® is a registered collective membership mark which may
    be used only by members of the NATIONAL ASSOCIATION OF REALTORS® who subscribe to its Code of Ethics.
    Published and Distributed by:
    REAL ESTATE BUSINESS SERVICES, LLC.
    a subsidiary of the CALIFORNIA ASSOCIATION OF REALTORS®
    525 South Virgil Avenue, Los Angeles, California 90020
    RRRR REVISED 6/22 (PAGE 2 OF 2)
    RESPONSE AND REPLY TO REQUEST FOR REPAIR (RRRR PAGE 2 OF 2)
    Produced with Lone Wolf Transactions (zipForm Edition) 717 N Harwood St, Suite 2200, Dallas, TX 75201 www.lwolf.com 449 W. Knepp

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