Document:

PURCHASE AND SALE AGREEMENT

THIS PURCHASE AND SALE AGREEMENT, dated ths the 28th day of June,
1999, b and between Affordable Homes of America, Inc. ("Affordable"),
a Nevada corporation ("Affordable or the "Buyer", or Affordable
Acquisition Group", interchangeably), and Thomas Lief the sole share-
holder of Big Mountain Construction Co., Inc. a Washington corporation
doing business as Big Mountain Construction ("Big Mtn. or Company",
or the "Company", interchangeably)

WITNESSETH

WHEREAS, Thomas Lief, owns all
of the outstanding and issued capital stockof Big Mountain Constructio
n Co. Inc., a Washington corporation doing business as Big Mountain Co
nstruction, consisting of 10,000 common shares and no preferred shares;
and, WHEREAS Big Mountain Construction Co. Inc. is engaged in business
in Pierc County, Washington, and owns certain assets incident to its
operation; and,

WHEREAS, Affordable desires to purchase from Sellerand Seller desires
to sll to the Buyer, on the terms and subject to the conditions of this
Agreement, all of the issued and outstanding common and preferred
shares of Big Mtn.

NOW, THEREFORE, for good and valuable consideration, and the mutual
covenats provided for herein, the parties hereto agree as follows:

<PAGE> 71

ARTICLE I

AGREEMENT TO SELL

1.1 Subject to the terms and conditions set f
orth in this Agreement, Selle hereby agrees to sell, convey, transfer,
assign and deliver to Buyer, and Buyer agrees to purchase from Seller
at the closing described in Article II hereof, all of Big Mtn.'s issue
d an outstanding common and preferred shares issued and outstanding,
which when sold and delivered to the Buyer encompasses the entirety of
Big Mtn.'s assets, excepting those assets excluded as provided for
hereunder, if any, and all of the liabilities of Big Mtn., except as
may be excluded hereunder, if any.  Without limitation, Buyer shall
then be the beneficial owner of all the assets, properties and business
of Seller of every kind, character and description whether tangible,
intangible, real personal or mixed, and wherever located, including the
following:

1.2 Owned Real Property.  Those certain parcels of land more fully
described on Exhibit "A", together with all privileges and appurtenances
thereto and all lants, buildings, structures, installations, fixtures,
improvements, betterments, betterment's and additions situated thereon
and together will all easements used or useful in connection therewith
(such land, improvements and easements together hereinafter collective
ly referred to as the "Owned Real Property").

1.3 Real Property Leases.  The leases or the real property more fully
described on Exhibit "B" together with all rights and privileges under
such leases (hereinafter referred to as the "Real Property Leases") to
the real property subject to such leases (hereinafter referred to as t
he "Leases Real Property") and together with the Owned Real Property b
eing hereinafter collectively referred to as the "Real Property").

1.4 Current Assets.  All cash on hand and in banks, all certificates of
deposit, and all cash deposits with vendors, if any, all rights of the
Company under unfilled sales orders with customers of the Company, or
purchase orders with suppliers of the Company.

1.5 Equipment.  All the machinery, tolls, dies, appliances, vehicles,

<PAGE> 72

furture, equipment (including essential replacement parts) and other
tangible personal property of every kind and description that are loca-
ted upon or within the Real Property, that are owned or leased by Sell
er, and are utilized in connection with Seller's operations upon or wi
thin the Real Property, are itemized and attached hereto as Exhibit "C"
(hreinafter referred to collectively as the "Equipment").  Any of the
foregoing equipment as of the date hereof that is the subject of a
lease, pledge, loan or other financing arrangements is itemized and at
tached hereto as Exhibit "D", which Exhibit shall describe in detail
the nature and extent of any lien, lease, pledge, or loan outstanding a
gainst the equipment.1.6 Inventories.  All of Seller's finished goods
and raw materials (whether expensed or not), including work in progress,
consumable manufacturing supplies, spare parts and repair materials
that are actually on hand as of the Closing Date, whether on or within
the Real Property or en route thereto or elsewhere.

1.7 Intangibles.  All trade names, trademarks, service marks, copyrigh
ts, patents, patents rights, trade secrets, technical know-how, goodwi
ll and other intangibles (including (i) tort or insurance proceeds ari
sing out of any damage or destruction of any of the Assets between the
date of this Agreement and the Closing Date (as hereinafter defined) a
nd (ii) all contracts to be assumed by Buyer pursuant to Article IV us
ed by Seller in (or owned by Seller and useful in) the operation of th
e business located upon or within the Real Property.

1.8 Books and Records.  All papers and records in Seller's care, custody
control relating to any or all of the above described Assets andthe
operation thereof, including but not limited to all blueprints and
specifications, persnnel and labor relations records, environmental
control records, sales records, accounting and financial records, main
ten-ance and production records, plats and surveys of the Real Propert
y, and plans and designs of buildings, structures, and fixtures and eq
uipment.
1.9 Other Assets.  All Prepaid expenses relating to any of the Assets
and the operation of the Seller's business, including all memberships,
licenses, agencies and permits, consents, certification, authorization
s and approvals affecting or relating to ownership, operation, mainten
ance, use and manner of use of the Purchased Assets and the Company.

ARTICLE II
PURCHASE PRICE, PAYMENT AND OTHER CONSIDERATION

2.1 Purchase Price.

(a) The purchase price for all the issued and outstanding common and
preferred shares of Big Mtn. Shall be the aggregate sum of 215,983
restrictive common shares of Affordable.  The purchase price will be
paid to the Seller on the day of Closing.

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(b) Big Mtn. And Affordable represent and warrant that the unaudited
financial statements of Big Mtn. For the period ended June 28, 1999, a
re true and correct in all respect, and that the foregoing financial
statements are being relied upon by the Buyer as being material in det
ermining the total purchase price of 215,983 restrictive common shares.
Big Mtn. Further warrants that there have been no material changes
in the financial statements and condition of Big Mtn.  Big Mtn. Presid
ent and chief executive Officer agree to execute a Certificate attesti
ng to the accuracy and truth-fulness of the Big Mtn.'s financial condi
tionwhich shall be attached hereto as Exhibit "E" and incorporated he
rein by reference.

2.2 Payment of Purchase Price.  At the Closing, Buyer shall pay to the
Seler, 215,983 restrictive common shares on the day of closing which
represents the purchase price.

ARTICLE III

CLOSING

3.1 Closing.  The Closing of the purchase contemplated herein shall
take place at the offices of Affordable, Las Vegas, Nevada, on or before
the 28th day of June, 1999 at 10:00am; provided the Buyer shall have a
right to extend the Closing to no later than the 15th day of July, 1999
at 10:00 a.m.  The date on which the Closing is herein referred to as
the "Closing Date".

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ARTICLE IV

REPRESENTATIONS AND WARRANTS OF BIG MOUNTAIN CONSTRUCTION COMPANY, INC.

4.1 Big Mtn. represents and warrants to the Buyer as follows;

4.2 Organization and standing of Big Mountain Construction Company, Inc.
Big Mtn. Is a corporation duly organized, validly existing, and in
good standing under the laws of the State of Washington.  The copies of
the Certificate of Incorporation of Big Mtn., and all amendments thereto
to date and the by-laws thereof, which will be delivered to the Buyer
at Closing are complete and correct as the date of this Agreement.

4.3 Capitalization.  The aggregate number of common shares which Big Mtn.
is authorized to issue is ______ Million (______________) shares, par
value of $.00 per share, of which 10,000 are issued and outstanding,
and the aggregate number of preferred shares which Big Mtn.  Is
authorized to issue is ___________________(__________) preferred shares,
par value of $.00 per share, of which no shares are issued and out-
standing.  All the foregoing shares are fully paid and nonassessable
and have been issued infull compliance with all applicable federal and
state securities laws.

4.4 Share Ownership.  As to the capital stock of BigMtn. Being sold
hereunder, Thomas Lief on the Closing Date, represents and warrants that
it is the sole owner of record of such capital stock, free and clear of
any and all liens or encumbrances with the full and complete right to
sell and transfer the same to the Buyer; there are not now outstanding
and will not be outstanding on the Closing Date any options, warrants,
rights or agreements, commitments or contracts for the issuance of
additional shares of capital stock of Big Mountain Construction Company,
Inc., granting any person, firm, corporation or other entity any right
or power with respect to the voting of the shares of capital stock
of Big Mtn. And Thomas Lief has full power to transfer the shares of
Big Mtn. Without obtaining the consent or approval of any other person
or governmental authority.

4.5 Title to Properties.  Big Mtn. Has good and marketable title to all
other property and assets reflected in the financial statement delivered
to the buyer, real and personal, tangible and intangible, subject to no
security interest, mortgage, pledge, lien, conditional sales contract,
encumbrances, equities, claims, covenants, conditions or restrictions,
or charge, expect as disclosed to buyer or otherwise set forth in said
statements or herein.

4.6 Taxes. All quarterly or periodic returns of unemployment, social
security, withholding, use or other taxes relating to or affecting
Big Mtn.'s business have been timely filed and the taxes shown thereon
paid in full when due.

4.7 Leases.  Big Mtn. is not in default under any lease wherein Big Mtn.
is the lessee.

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4.8 Disclosures.  No representation, warranty or covenant made by the
Seller in this Agreement nor in any statement or certificate furnished
or to be furnished to the Buyer pursuant hereto, or is connection with
the transaction contemplated hereby, contains or will contain any untrue
statement of material fact, or will omit to state any material fact
necessary to make the statements contained therein not misleading.

4.9 Assignment for Creditors.  Big Mtn. Has not made nay assignment for
the benefit of creditors, has not committed any act of bankruptcy, and
has not filed any petition in bankruptcy or for reorganization or
arrangement.

4.10  Good Standing.  Big Mtn. is in good standing under the laws of
the Ste of Washington and was formed for and has corporate powers made
adequate to conduct the business now being conducted by the company and
to own or lease its properties, and is qualified to do business in those
foreign jurisdiction in which it is required to be qualified.

4.11 Corporate Action.  The Seller has taken all corporate action nec-
essary to approve the execution and delivery of this Agreement and the
consummation of the transactions contemplated hereby.  This Agreement
constitutes the valid and binding obligation of Seller, enforceable in
accordance with its terms, except to the extent that enforceability may
be limited by bankruptcy, insolvency, and other laws affecting the
rights and remedies of creditors.

4.12  Financial Statements.  The Seller has delivered to the Buyer
copies f the financial statements or representations of the financial
condition of Big Mtn.  There have been no changes in financial condition
of the Seller.

4.13  Dividends and Distributions.  The Seller and the Company have not
issued, declared, or paid any dividend on, or declared or made any dis-
tribution on, or authorized the creation or issuance of, or issued,
or effected any split up or any recapitalization of, any of its stock,
directly or indirectly redeemed, purchased, or otherwise acquired any
of the outstanding stock of the company and the Company has not agreed
to take any such action.

4.14  Taxes.  Within the times and in the manner prescribed by law, the
Company has filed all Federal, State, local and other governmental tax
assessments, penalties, interest, reports and returns required to be
filed by it, which returns were prepared in accordance with generally
accepted accounting principles and all applicable laws, regulations and
rulings, and has paid all taxes and other charges shown on said reports
and returns.  There are no present disputes as to taxes of any nature
payable by the Company.

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4.15  Property.  The Company has good and marketable title to all
material properties and assets owned by them, including all material
properties reflected in the financial condition of the Company as
disclosed by Seller (except as since sold or otherwise disposed of in
the ordinary course of business) free and clear of all liens, claims and
encumbrances, other than (1i) as disclosed by Seller (2) any liens for
taxes not yet due and payable, and (3) such imperfections of title,
easements and encumbrances, if any, as are not in the aggregate material
in relation to the assets of the company taken as a whole, and do not
detract from the value or interfere with the present use of the material
properties and assets owned by the Company or otherwise materially impair
its business operations.

4.16  Condition.  All material properties and assets of the Company used
in its business or in the possession of the Company, are in good operating
condition and repair, reasonable wear and tear excepted, and conform in
all material respects to applicable laws, rules and regulations.

4.17  Patents, Trademarks, Copyrights, etc.  Attached hereto and
identified as Exhibit "F" is a complete and accurate schedule of the
patents, trademarks, trademarks and copyrights 9 and applications therefore
owned by the Company.  There is no existing claim or, to the knowledge of
Seller and the Company.  There is no existing claim against the Company that
any of their operations, activities or products infringes the patents,
trademarks, tradenames, copyrights, or other property rights of others,
or that the Company is wrongfully or otherwise using the trade secrets,
or any property rights, of others.  The Company is not a party to any
license or agreement, whether a Licensor, Licensee or otherwise, with
respect to any trademark, service mark, tradename, or applications for them,
or any copyright.

4.18  Compliance with Law and Litigation.  The company is in compliance in
all material respects with all applicable laws, regulations, orders, rules,
decrees, and ordinances.  There are no actions, suits, proceedings, or
investigations pending or threatened against or directly effecting the
Company that, if decided adversely, would have a material adverse effect on
the Company and, to the company's or Seller's knowledge, there are no such
actions, suits, proceedings, or investigations which are probable of assertion.
The Company is not in default under any order, court injunction or decree of
any court or federal, state, municipal or other governmental department, of
agency or arbitration panel.  Neither the seller nor Big Mtn. is a party to
any agreement in settlement or compromise of any suit, or cause of action
instituted or threatened, which may compromise Seller's or Big Mtn.'s ability
to perform this Agreement or which may materially affect the assets and
properties of the Company, except as otherwise disclosed to the Buyer.

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4.19  Agreements.  Thomas Lief and the Company have in all material
respects performed all obligations required to be performed by them and
are not in default in any material respect under any material agreement
to which any is a party, or by which any are bound and there exists no
condition or event which, if with the giving of notice or the passage
of time, would constitute such a default, and no party has waived any
material rights under or with respect to any such agreement.  Prior to
the Closing Date, Thomas Lief and Big Mtn. shall have received a release
of the Accounts Receivable if any exists.  A release of the Accounts
Receivable, if liens, is a condition of precedent to the closing of this
transaction.

4.20  Real Property Leases.  Attached hereto and identified as exhibit
"B" and incorporated herein by this reference is a schedule of all leases
of real property occupied by the Company as tenant in possession.

4.21  Zoning/Eminent Domain.  No structure or improvement on the real
property owned or leased by the Company violates any zoning regulation or
ordinance of the state, city, town in which the property is located.
There are no notes or notices of any eminent domain proceedings or
violations of law, or municipal ordinances, orders or requirements noted
or issued by any department having jurisdiction, against or affecting
the property.  Seller is in compliance with all applicable statutes,
regulations, ordinances and requirements governing the use of the leased
property and there is no violation with respect thereto, or any action or
proceedings, pending or threatened, alleging a violation of any such statue
or regulation, except of immaterial and insubstantial violations.  No
violations of any easements or restriction relating to the property exists,
except for immaterial and insubstantial violations which do not and will
not affect the use of enjoyment of the property.

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4.22  Hazardous Substances.

(a) For the Purposes of the Agreement,

(1) The term "Hazardous Substance" shall mean any substance which at any time
shall be listed as "hazardous" or "toxic" or in the regulations implementing
the Comprehensive Environmental Response, Compensation and Liability Act
("CERCLA"), 42 U.S.C. SS9601 et seq., the Resource Conservation and Recovery
Act ("RCRA"), 42 U.S.C. SS9601 et seq. or which has been or shall be determined
at any time by any agency or court to be hazardous or toxic substance regulated
under Applicable Law, as defined below.  The term "Hazardous Substance" shall
also include, without limitation, raw materials, building components, the
products of any manufacturing or other activities on the subject property,
wastes, petroleum, and source, special nuclear or by-product material as
defined by the atomic Energy Act of 1954, as amended (42 U.S.C. SS3011, et
seq., as amended).

(2) The term "Applicable Law" shall include, but shall not be limited to,
CERCLA, RCRA, the Federal Water Pollution Control Act, 33 U.S.C. 551251 et
seq., the Clean Air Act, 42 U.S.C. 57401 et seq., and the regulations
thereunder, and any other local, state, and/or federal laws or regulations,
whether currently in existence or hereafter enacted, that govern

(i) The existence, cleanup and/or remedy of contamination of property;

(ii) The protection of the environment from spilled, deposited or otherwise
emplaced contamination;

(iii) The control of hazardous wastes; or

(iv) The use, generation, transport, treatment, removal or recovery of
Hazardous Substances, including building materials.

(c) With respect to the real property owned or leased by the Company;

(1) No claim, lawsuit, agency proceeding or other legal, quasi-legal or
administrative challenge has been brought concerning the property, the
operation of the property, or existence of any hazardous condition thereon
during Seller's period of ownership.

(2) The Company has not used the property for any industrial or commercial
operation which utilizes Hazardous Substances, except as otherwise disclosed
to the Buyer in writing.  Seller is not aware of any such prior use of the
property, except as otherwise disclosed to the buyer in writing.

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(3) The Company has not spilled, discharged, released, deposited, or placed
any Hazardous substance on the property, whether in containers or other
impoundment's, or directly in the lands or waters of the property, except
as otherwise disclosed to the Buyer in writing.  Seller and the Company are
not aware of any such substances in or on the property, except as otherwise
disclosed to the Buyer in writing.

(4) The Company has not installed or affixed any asbestos-containing material
in the structures on the property.

(5) The Company has not affixed or installed any electrical transformer,
fluorescent light fixtures or other electrical equipment containing PCB's
in the property, except as otherwise disclosed to the Buyer in writing.

(6) The Company has not installed any storage tanks, barrels, sumps,
impoundment's or other containers or equipment (moveable or fixed) for
the containment of Hazardous Substances in any part of the property, except
as otherwise disclosed to Buyer in writing.  Seller is not aware of any such
prior installations, except as other disclosed to Buyer in writing.

(7) No governmental entity has served upon the Company any notice claiming
any violation of any state, ordinance or regulations or noting the need for
any repair, construction, alteration or installation with respect to the
property, or requiring any change in the means or methods of those conducting
operation.

4.23  Permits.  All permits, licenses, franchises, concession, zoning and
environmental variances and other governmental approvals, authorizations,
and orders which have been obtained in connection with the conduct of the
business of the company or in connection with the real property owned or
leased by the company and which are necessary to the continued conducting
of the Company's business are presently in full force and effect; no
suspension or cancellation of any of same is threatened; and the transfer
of the stock of Big Mtn. to Buyer will not affect the validity or
effectiveness, and will not require the consent or approval of any party
to, or any other person or governmental agency having jurisdiction over, any
such permit, license, franchise, concession, variance, approval, authorization
or order.

4.24  Changes in Financial Condition.  The financial condition of the
Company has not been except as otherwise disclosed in writing to the
Buyer or its representatives, any;

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(1) Transaction by the Company except in the ordinary course of business;

(2) Capital expenditures by the Company, other than in the ordinary
course of business;

(3) Material adverse change in the financial condition, liabilities,
assets, business or prospects of the Company;

(4) Destruction, damage to, or loss of any assets of the Company
(whether or not covered by insurance) that materially and adversely
affects the financial condition, business or prospects of the Company;

(5) Labor trouble or other event or condition of any character
materially and advisedly affecting the financial condition, business,
assets or prospects of the Company;

(6) Change in accounting methods or practices of the Company;

(7) Revaluation by the company of any of its assets;

(8) Increase in the salary or other compensation payable or to become
payable by the Company to any of its officers, director or employees,
or the declaration, payment or commitment or obligation of any kind for
the payment by the Company, of a bonus or additional salary or
compensation to any such person;

(9) Sale or transfer of any assets of the Company except in the
ordinary course of business;

(10) Amendment or termination of any contract, agreement or license
to which the Company is a party except in the ordinary course of
business;

(11) Loan by the Company to any person or entity, or guaranty by the
Company or of any loan;

(12) Mortgage, pledge or other encumbrance of any asset of the Company;

(13) Waiver or release of any right or claim of the company except in
the ordinary course of business.

(14) Other event or condition of any character that has or might
reasonably have a material and adverse effect on the financial
condition, business, assets or prospects of the Company;

(15) Agreement by the Company to do any of the things described in
the preceding clauses (1) through (14).

<PAGE> 81

4.25  Liabilities.  All debts, liabilities and obligation incurred
after that date were incurred in the ordinary course of business, and
are usual and normal in amount both individually and in the aggregate.

4.26  Inventories.  The inventories of raw materials, work in progress
and finished goods (collectively "inventories') disclosed consists of
items of quality and quantity useable and sellable in the ordinary
course of business by the Company.  All items disclosed are property
of the Company, except for sales made in the ordinary course of business.

4.27  Accounts Receivable.  The accounts receivable disclosed arose
form valid sales in the ordinary course of business.   These accounts
have been collected in full since the date of disclosure or are
collectible at their full amounts, expect as otherwise disclosed to
the Buyer.

4.28  Insurance.  Attached hereto, identified as Exhibit "G" is a
schedule together with copies of all insurance policies carried by
the company concerning its business and properties.  All of these
policies are in the respective amounts set forth, cover property damage,
loss by fire and other casualty, and protect against all liabilities,
claims and risks against which it is customary to insure.

4.29  No Default.  The consummation of the transaction contemplated
by this Agreement will not result in or constitute a default or an
event that, a default or an event that, with notice or lapse of time
or both, would be a default, breach or violation of the Articles of
Incorporation or By Laws of the Company, or of any license, contract,
agreement or arrangement to which the Company or Thomas Lief is a party
or by which any of them or the property of any of them is bound, or
create or impose any lien, charge or encumbrances on any of the
properties of the Company, or result in a breach of, or constitute a
default under, any mortgage lien, lease, agreement or instrument, to
which wither Thomas Lief, or the Company is a party.

4.30  Officers and Directors.  Upon the execution of hereof on the
Closing Date, the officers and directors of the Company will be as
follows;

Big Mountain Construction Company, Inc.
President CEO and Director, Merle Ferguson
Vice President and Director,  Thomas Lief
Secretary/Treasurer and Director, Susan Donohue

<PAGE> 82

4.31 Employees.  Attached hereto identified as Exhibit "H".

4.32  Employee Benefit Plans.  Attached hereto identified as Exhibit "I".

4.33  Powers of Attorney and Bank Accounts.  Attached hereto,
identified as Exhibit "J" is a true list of (i) the names and addresses
of all persons holding a power of attorney on behalf of the company;
and (ii) the names and addresses of all banks or other financial
institutions in which the Company has an account, deposit or safety
deposit box, the account and box numbers, and the names of all persons
authorized to draw on these accounts or deposits or to have access to
these boxes.

4.34  Accuracy of Deliveries.  All instruments, agreements, lists,
schedules, summaries, memoranda, or other documents that have been
delivered to the Buyer relating to the business or financial condition
of the Company and all exhibits hereto are correct and complete in all
material respects and do not omit to state any material fact required
to be stated therein or necessary to make the statements therein no
misleading.

ARTICLE V

REPRESENTATIONS AND WARRANTS OF THE BUYER

5.1 The Buyer represents and warrants to the Seller as follows:

5.2 Organization and Standing.  The Buyer is a corporation organized,
validly existing and in good standing under the laws of the State of
Nevada.

5.3 Absence of Conflict.  The execution and delivery of this agreement
and consummation of the purchase contemplated hereby will not conflict
with or result in any breach of the terms, conditions or provisions of
the Certificate of Incorporation or By-Laws of the Buyer, nor be in
violation of or constitute a default under nay agreement or instrument
under which the Buyer is a party.

5.4 Authority.  The execution of this Agreement has been authorized by
all requisite corporate action on the part of the Buyer.

<PAGE> 83

5.5 Disclosure.  No representations, warranties, covenants or statements
make by the Buyer in this Agreement, or in any financial statement,
other statement or certificate furnished or to be furnished to the
Seller or the stockholders of the Seller pursuant hereto, or in
connection with the transactions contemplated hereby, contains or will
contain any untrue statement of material fact, or will omit to state
any material fact necessary to make the statements contained therein
not misleading.

5.6 Corporate Organization and Capitalization.  Buyer is a corporation
duly organized, validly existing and in good standing under the laws
of the jurisdiction of its organization.  The execution and delivery
of this Agreement do not, and the consummation of the transactions
contemplated hereby will not, violate any provisions of Buyer's
Certificate of Incorporation or By-Laws, or in any manner which would
materially impair Buyer's ability to perform this Agreement and the
transactions contemplated hereby, violate or conflict with any term of,
or result in the acceleration of any obligation of the Buyer or result
in a breach of, or constitute a default under, any mortgage, lien, lease,
agreement or instrument to which the Buyer is bound.

5.7 Corporate Authorization.  Buyer has taken all corporate action
necessary to approve the execution and delivery of the Agreement and
the consummation of the transactions contemplated hereby.  This
Agreement constitutes the valid and binding obligation of the Buyer,
enforceable in accordance with its terms.

ARTICLE VI

CONDUCT OF BUSINESS PENDING CLOSING

6.1 The Seller covenants that pending the Closing Date, Big Mountain
Construction Company, Inc. will:

6.1.1 Carry on and conduct their business in the ordinary course.

6.1.2 Make no changes in their authorized or issued capital stock.

6.1.3 Make no sale or other disposition of any of the assets,
inventories or property other than in the ordinary course of
business, without the prior written consent of the Buyer.

6.1.4 Make no sale of any machinery, equipment and fixed assets; and

6.1.5 Cause no new liens or other new encumbrances to be placed
upon any of the assets or property of the Company.

<PAGE> 84

ARTICLE VII

SELLER'S REQUIREMENTS

7.1 All obligations of the Seller hereunder are made expressly
conditioned upon and subject to the fulfillment, prior to or at the
Closing of each of the following conditions;

7.2 The representations and warranties of the Buyer contained in
this Agreement shall be true and correct on and as of the Closing
Date, with the same effect as though said representations and
warranties has been made on and as of the closing Date;

7.3 The Buyer shall have performed, complied with or satisfied all
agreements, covenants and conditions required by this Agreement to
be performed, complied with or satisfied by, at or prior to the
Closing Date;

7.4 There shall have been delivered to the Seller on the Closing Date
such documents with respect to the foregoing and in compliance with
this Agreement as the Seller may reasonable request;

7.5 The Buyer shall have tendered to Thomas Lief the purchase price
determined pursuant to Article II, paragraph 2.1 required to be paid
at the Closing;

7.6 The Buyer shall have furnished to the Seller a certificate dated
as of the Closing Date, in form and substance satisfactory to the
Seller and his counsel, to the effect that:

7.6.1 The Buyer is a corporation duly organized, validly existing
and in good standing under the laws of the State of Washington and
has the corporate power and authority to carry on its business as
conducted on the Closing date and to own and hold the property which
it purports to hold and own on the Closing Date.

7.6.2 This Agreement has been duly authorized, executed and
delivered by the Buyer and constitutes a valid and binding agreement
of the buyer according to its terms;

<PAGE> 85

7.6.3 Neither the execution or the delivery of this Agreement or
the consummation of the transaction contemplated by the Agreement
will conflict with, or result in a breach of, any of the terms,
provisions or conditions of any laws or regulation, or order, writ,
injunction or decree or any court or governmental instrumentality of
the corporate charter or by-laws of the Buyer or of any agreement or
instrument to which it is a party or by which the Buyer or its property
or assets may be bound or effected; and

7.6.4 Such other matter incident to the transactions contemplated
hereby as the Seller or its counsel may reasonable request.

7.7 The Buyer shall have obtained releases for Thomas Lief from any
and all guarantees to any individual, business entity, or financial
institution, or otherwise provided for the indemnification of Thomas
Lief for any such obligation.  Such releases or indemnification
thereof from guarantees to be in such form as acceptable to the
Seller and its counsel.

ARTICLE VIII

MAINTENANCE OF INSURANCE

8.1 Seller and Big Mountain agrees to keep in full force and effect
any and all insurance policies presently in effect up to and
including the Closing Date.

<PAGE> 86

ARTICLE IX

INVESTIGATION BY THE BUYER

9.1 During the period from the date of this Agreement until Closing,
the Buyer shall be given free access to the offices, buildings,
properties, records, files, stock books, minute books, books of
account and copies of tax returns of the Seller and the Company for
the purpose of conducting and investigation of its financial condition,
corporate status, liabilities, contracts, business operations, property
and title thereto, litigation, and all other matters relating to the
business, properties and assets of the Seller through its employees or
independent public accountants or outside business consultants;
provided, however, that such investigation shall be conducted in a
manner that does not unreasonable interfere with the operations and
employee relationships of the Seller and the Company and upon
reasonable prior notice to the Seller.  The Seller and the Company
shall cause its personnel to assist the Buyer in making such
investigation and shall cause its counsel, accountants, employees
and other representatives to be available to the Buyer for such purposes.
Suring such investigation, the Buyer shall have the right to make copies
of such records, files, tax returns and other materials as it may deem
advisable.  If this Agreement is not consummated as provided herein, the
Buyer and its representatives shall treat all information in the public
domain, as confidential and shall return to the Seller all copies made
by the Buyer and its representatives of such material.

ARTICLE X

CONDITIONS PRECEDENT TO BUYER'S PERFORMANCE

10.1 All obligations of the Buyer hereunder are made expressly
contingent upon and subject to the fulfillment, prior to or at the
Closing, of each of the following conditions:

10.1.1 Big Mountain shall continue to operate its business in the
ordinary course pending the execution and consummation of this Agreement.

10.1.2 The Seller's and Big Mountain representations, warranties and
covenants contained in this Agreement shall be true on the Closing
Date as though made at such time and shall have delivered to Buyer a
certificate to the effect dated on the Closing Date.

<PAGE> 87

10.1.3 The Seller shall have performed and complied with all
agreements and conditions required by the Agreement to be performed
or complied with by them prior to or on the Closing Date.

10.1.4 The Seller shall have caused all books and records of big
Mountain to be delivered to or upon the instruction of the Buyer.

ARTICLE XI

ACTIONS AFTER THE CLOSING

The Seller, Thomas Lief, and the Buyer hereby agree that the following
acions will be taken after the Closing Date.

11. Subsequent to the Closing Date each party to this Agreement shall
at the request of the other furnish, execute and deliver such documents,
instruments, certificates, notices or other assurances as counsel for
the requesting party, shall reasonably require as necessary or desirable
to effect complete consummation of this Agreement or in connection with
the preparation and filing of reports required or requested by
government agencies, stock exchanges, or other regulatory bodies.

ARTICLE XII

BENEFIT

12. This Agreement shall be binding upon and inure to the benefit of
the parties hereto, their successors, assigns, personal representatives,
executors and beneficiaries.

ARTICLE XIII

NOTICES

13. Any notices provided for
in or permitted by this Agreement shall be in writing and shall be deemed
to have been given if delivered or mailed, first class, postage prepaid,
addressed as follows:

<PAGE> 88

                     Buyer:
                     Affordable Homes of America, Inc.
                     4505 W. Hacienda Ave.
                     Unit I-1
                     Las Vegas, Nevada 89118

                     Seller:
                     Thomas Lief
                     6947 Coal Creek Pkwy. SE  Ste. 288
                     New Castle, Washington 98059

Any party, by a written notice to the other parties hereto, may
change the address for purpose of the receipt of notice hereunder.

ARTICLE XIV

NAME OF CORPORATION

14. The Seller shall convey all of its right, title and interest in the
name Big Mountain Construction to the Buyer.

<PAGE> 89

ARTICLE XV

REPRESENTATION RESPECTING CONDUCT OF BUSINESS

15. The Seller and Thomas Lief warrant and represent that between the
date hereof and the Closing:

15.1 Big Mtn. will continue to conduct its business diligently and
only in the ordinary course, and will not pay any bonuses to Thomas
Lief or take any action (other than the actions contemplated by this
Agreement) which would cause any adverse change in such business or
in the properties of Big Mountain, other than changes in the ordinary
course of business.15.2 From the date of the execution hereof, Big Mtn.
has not and will not pay any dividends  or make any other distributions
or payments with respect to its capital stock nor will it directly or
indirectly redeem, purchase or otherwise acquire any of its capital
stock, without the prior written consent of the Buyer.

ARTICLE XVI

UNDISCLOSED LIABILITIES

16. "Undisclosed Liabilities" are those liabilities that Thomas Lief a
nd Bg Mountain knew or should have known were in existence and would o
r likely constitute a charge against Big Mountain.  In the event sub-
sequent to the Closing Date, the Buyer is presented with or discovers
an "Undisclosed Liability" as defined herein, the Buyer shall
immediately notify Thomas Lief of the claim, whether contingent or
otherwise, and seek indemnification from Thomas Lief for any and all
liability that may arise out of the claim, including all costs incurred
by the Buyer in defending the same together with a reasonable attorney
fee, if Thomas Lief elects to reject the claim, the Buyer shall be
entitled to any and all remedies at law and equity against Thomas Lief.
It is understood and agreed that neither Thomas Lief nor his agents or
representatives shall in any respect be personally liable for and
'undisclosed liabilities" or for any other matter relating to this
transaction.

<PAGE> 90

ARTICLE XVII

REMEDIES

17. Time is of the essence in this transaction.  In the event of a de-
fault hereunder by a party, the other party not otherwise in default
will have all available remedies provided for under this Agreement and
Washington law.  No remedy conferred by any of the specific provisions
of this Agreement is intended to be exclusive of any other remedy, and
each and every remedy shall be cumulative and shall be in addition to
every other remedy given hereunder, now or hereafter existing, at law
or in equity by statute or otherwise.  The election of any one or more
remedies by any party shall not constitute a waiver of the rights to
pursue or utilize other available remedies.

ARTICLE XVIII

INDEMNIFICATION PROVISIONS

18. Thomas Lief and Big Mountain agree to indemnify and hold Buyer
harmless against any tax liabilities, penalties and interest arising
from audits by the IRS or state taxing authorities, and any "Undisclosed
Liabilities" as defined in Paragraph 16.1 subpra, with respect to
matters prior to the Closing and subsequent thereto.

ARTICLE XIX

MISCELLANEOUS PROVISION

19. Complete Agreement.  All agreements between the parties are set
forth in this Agreement and may not be changed or modified except by an
instrument in writing, signed by all the parties hereto.

19.1 Binding Effect.  This Agreement and any document referred to shall
inure to the benefit of and be binding upon the parties, their respec-
tive executors, administrators, legal representatives, heirs and
assigns; provided it isunderstood and agreed that this Agreement may
not be assigned except upon the prior written agreement of all parties
hereto.

<PAGE> 91

19.2 Counter parts.  This Agreement may be executed simultaneously in
two or more counterparts, each of which shall be deemed an original,
but all of which together shall constitute one in the same instrument.

19.3 Headings.  The eadings in this Agreement are inserting for
convenience only and shall not constitute one in the same instrument.

19.4 Further Assurances.  The parties hereto all agree to execute any
and all other documents and to take such other action or corporate
proceedings as may be necessary, expedient, or desirable to carry out
the terms and provision hereof.

9.5 Governing Law.  This agreement shall be governed by and construed
and enforced in accordance with the Laws of the State of Washington.

19.6 Exhibits.  All Exhibits attached hereto are incorporated herein
by ths reference.IN WITNESS WHEREOF, the parties hereto have caused
this Agreement to be executed anddelivered on the date first above
written.

AFFORDABLE HOMES OF AMERICA, INC.

By: /S/ Merle Ferguson
        --------------
        Merle Ferguson
        President

BIG MOUNTAIN CONSTRUCTION COMPANY, INC.

By: /S/ Thomas Lief
        -----------
        Thomas Lief
        President<PAGE> 92

Bond Number: 4464391NV
Penal Sum: Fifteen Million, United States Dollars ($15,000,000.00)

FINANCIAL GUARANTEE BOND

KNOW ALL MEN BY THESE PRESENTS:

That American Homes Assurance Company, an American International Group
of Companies Member hereinafter referred to as Obligor in the Penal Sum
of Fifteen Million ($15,000,000.00 USD) United States Dollars, for
which payment well and truly to be made, we bind ourselves, our heirs,
executors,  administrators and successors, jointly and severally follow-
ing this Bond.

WHEREAS, Principal Obligee has agreed to fund a loan to Obligor and
Obligor has agreed to borrow from Principal certain funds pursuant to
the terms and conditions of previous contracts and agreements attached
hereto as exhibits bearing transaction Code: 81423US.

WHEREAS, the principal / obligee has taken certain collateral to secure
the repayment of the loan as evidence by exhibits attached hereto and
incorporated herein (the above described collateral in hereinafter
referred to as the "Collateral") through the execution of a General
Agreement of Indemnity.

WHEREAS, the principal Obligee has requested of the Surety that it
obligate itself as Surety with respect to the funding of the one subject
Loan Transaction and Surety is willing to obligate itself subject to the
terms and conditions hereinafter set forth, the payment of premium
issuance fees and other considerations and collateral.

NOW THEREFORE, the condition of this obligation is such that if the
above-named Principal/Obligee shall fund a loan to the obligor subject
to this financial guarantee bond and in accordance with the policy of
the lender and during the effective date of this bond, the obligor
repays the same in accordance with the terms and conditions of such
loan, then this bond shall be null and void, otherwise, it shall be
irrevocable and remain in full force and effect until such repayment
is complete further subject however, to the following provisions, terms
and conditions:

<PAGE> 93

 1. DEFINITIONS

    i) "Default" shall mean failure by the obligor to repay any part of
    any loan subject to this bond or any credit facility extended
    pursuant to this bond and in accordance with the contract and
    agreement attached hereto as exhibits.

   ii) "Limit of Liability" shall mean the amount hereinabove designed
    as such which shall be the Surety's maximum liability under this board.

  iii) "loss" as to the loan shall mean the amount of unfunded principal.
    Loss shall exclude penalties of any   nature and expenses of the col-
    lection and shall be reduced by the amount of any principal funded
    under the  loan before payment by the surety.  The aggregate amount of
    all losses under the bond shall not exceed the  limit of liability.

 2. SURETY'S RIGHTS TO CURE DEFAULT

    Surety shall have the option to cure  default to repay (in accordance
with terms and conditions of surety)  the loan  by paying the obligee
unpaid principal and interest within 60 days of its receipt of written
notice  at its offices of default thereunder in accordance with section
5 hereof.

 3. ASSIGNMENT

    Neither the subject loan nor this bond shall be assigned, changed,
modified or extended except with the written consent of the Surety.

 4. PAYMENT OF PREMIUM ISSUANCE FEE AND CANCELLATION

    The premium issuance fee hereunder shall be payable upon the execution
and before delivery of the bond and the same shall be considered fully
earned. Upon funding of obligors  loan (otherwise the premium is fully
refundable upon demand after return of the board marked VOID). Further,
this bond is null and void ab initio in the event of nonpayment in the
course of or to facilitate the remission of financing to the obligor
the premium issuance fee shall be refundable in accordance with our
premium refund policy in favor of the obligor herein.

<PAGE> 94

 5. NOTICE OF DEFAULT

    After the obligors default, if any, a written notice thereof shall be
given to the surety by the obligee no later than 60 days after default
unless the surety agrees in writing to extend the time for filing of a
claim with respect to such default.  Notice of default shall include a
signed affidavit stating THAT THE OBLIGOR HAS FILED TO PERFORM AND
REPAY DEBTS AS SET OUT IN THE CONTRACTUAL EXHIBIT TEXT ATTACHED HERETO.

All notices, applications demand and request provided for in this bond
shall be in writing and addressed to:

The surety:   AMERICAN INTERNATIONAL COMPANIES
              American Homes Assurance Member Company
              3921 Willshire Blvd. Suite 303,  Los Angeles, CA 90010

The obligee:  Affordable Homes Of America, Inc.
              c/0 13760 Highway190
              Covington, LA  70433

The Obligor:  Euro Federal Bank NV
              Nieuwe Brugsteeg 1012 - 11 AG Amsterdam

 6.  LOAN SERVICING

     Surety is rendered void upon the discovery of fraud or misrepre-
sentation on the part of the Obligor in the negotiation and/or consum-
mation of the Loan/Surety applications and documents between Obligor
and Obligee of upon the failure of the Obligee to grant properly
perfected in the collateral and to maintain the continuing validity
and perfection of the security interest in the collateral.

<PAGE> 95

 7.  SUBROGATION

     Upon and to the extent the Surety has made payment of Loss (if any)
the Surety shall be surrogated to all of the Obligees rights against
the Obligor and the Collateral and any other person or organization
liable to the obligor under the terms of the Loan transaction underlying
this Financial Guarantee Bond.  The Obligor, at the request of the Surety,
shall execute and deliver all instruments and papers and do whatever else
necessary to transfer, assign and secure such rights and the Obligor
shall do nothing to prejudice such rights. The execution by the Obligee
of a release, satisfaction or waiver of the rights. The execution by the
Obligee of a release, satisfaction or waiver of the right to collect any
unfunded principal of the Loan or to the release any of the Collateral
shall equally release the Surety from any further obligations under the
Bond.

 8.  PROOF AND PAYMENT OF LOSS

     In accordance with section 5, Notice of Default shall constitue
Proof of Loss.  The Surety shall pay the Loss hereunder no later than
sixty (60) days after the giving of notice of default and after notifi-
cation by the Obligee in writing to the Surety at the address in
section 5.

<PAGE> 96

 9.  ACTION AGAINST SURETY

     No action arising out of this Bond may be brought against the Surety
unless such action is commenced within twenty-five (25) months following
the date of default, if the foregoing limitation is controlled by super-
seding law or fixed by agreement under any statute controlling the
construction of Bond, the shortest permissible statuatory limitation
of time shall be deemed controlling and shall supersede the time
limitations herein stated.

10.  ACCESS TO RECORDS

     The Surety may, at any reasonable time, examine or copy any of the
Obligee's books, records, accounts, documentation, collateral and/or any
other information in the possession of control of the obligee relating to
or connected with the subject of this bond.

11:  CHOICE OF LAW

     The construction, validity and performance of this bond shall be governed
by the laws of the State of California, USA, and applicable international
law and/or applicable Federal Laws

12:  EFFECTIVE DATE:

     This bond is effective July __20__, 1999 or before, subject to
full payment of premium.

SIGNED, SEALED AND DATED THIS __28th__ day of __July__ 1999

PRINCIPAL OBLIGOR: /s/  Frank C. Colmes
                        ----------------
                        Frank C. Colmes
                        Chief Financial Officer
                        Affordable Homes of America

           SURETY: /s/  Mr. Michael Yang
                        ----------------
                        Mr. Michael Yang
                        Senior Underwriter
                        American Home Assurance Corporation

          OBLIGEE: /s/  Mr. Gunter Helmut
                        -----------------
                        Mr. Gunter Helmut
                        Director
                        Euro Federal Bank N.V.

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