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Information about the Real Estate Settlement Procedures Act (12 U.S.C. 2601 et seq.) (RESPA), state and Federal truth-in-lending laws, and how to identify and avoid loans with oppressive terms and conditions. • The PHA may adapt the subjects covered inpre-assistance counseling (as listed) to local circumstances and the needs of individual families. SARA may also offer additional counseling after commencement of homeownership assistance (ongoing counseling). If SARA offers a program of ongoing counseling for participants in the homeownership option, SARA shall have discretion to determine whether the family is required to participate in the ongoing counseling. If SARA does not use aHUD-approved housing counseling agency to provide the counseling, SARA should ensure that its counseling program is consistent with the counseling provided under HUD's Housing Counseling program. 15-VII.G. HOME INSPECTIONS, CONTRACT OF SALE, AND PHA DISAPPROVAL OF SELLER [24 CFR 982.631] Home Inspections SARA may not commence monthly homeownership assistance payments or provide down payment assistance grants for a family until SARA has inspected the unit and has determined that the unit passes HQS. An independent professional inspector selected by and paid for by the family must also inspect the unit. The independent inspection must cover maj or building systems and components, including foundation and structure, housing interior and exterior, and the roofing, plumbing, electrical, and heating systems. The independent inspector must be qualified to report on property conditions, including maj or building systems and components. SARA may not require the family to use an independent inspector selected by SARA. The independent inspector may not be a PHA employee or contractor, or other person under control of SARA. However, SARA may establish standards for qualification of inspectors selected by families under the homeownership option. SARA may disapprove a unit for assistance based on information in the independent inspector's report, even if the unit was found to comply with HQS. Contract of Sale Before commencement of monthly homeownership assistance payments or receipt of a down payment assistance grant, a member or members of the family must enter into a contract of sale with the seller of the unit to be acquired by the family. The family must give SARA a copy of the contract of sale. The contract of sale must: • Specify the price and other terms of sale by the seller to the purchaser; • Provide that the purchaser will arrange for apre-purchase inspection of the dwelling unit by an independent inspector selected by the purchaser; Provide that the purchaser is not obligated to purchase the unit unless the inspection is satisfactory to the purchaser; 7/02/12 Page 15-15