Network Mortgage Servicing



|PROPERTY ADDRESS |      |BROKERS PRICE OPINION |

| |     ,             |This BPO will have a significant |

| | |impact on the marketing of this |

| | |property. Every effort should be |

| | |made to provide accurate and |

| | |detailed information in your |

| | |evaluation. Comments are always |

| | |welcome and are usually necessary|

| | |to describe the property and |

| | |market. |

|Loan #: |      |FIRM NAME: |      | |

|NETWORK MORTGAGE SERVICING |      | COMPLETED |Typed by:       | |

|ORDER #: | | | | |

|ACCOUNT MGR.: |      | BY: |      | |

|DATE: |      | PHONE NO. |      | |

| | | | | | |

|I. |GENERAL MARKET CONDITIONS | |

| |Current market condition: | |Depressed | |Slow | |Stable |

| |Market price of this type property has: | | Decreased |      |% in past|      |months |

| | | | Increased |      |% in past|      |months |

| | | | Remained stable |

| |Estimated percentages of owner vs. tenants in neighborhood: |      |% owner occupant |      |% tenant |

| |There is a | |normal supply | |oversupply | |shortage of comparable listings in the neighborhood |

| |Approximate number of comparable units for sale in neighborhood: |      | |

| |No. of competing listings in neighborhood that are REO or Corporate owned: |      | |

| |No. of boarded or blocked-up homes: |      | |

|COMMENT: |      |

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|II. |SUBJECT MARKETABILITY |(Space for Comments at the bottom of next page.) |

| |Range of values in the neighborhood is $ |      |to $ |      | |

| |The subject is an | |over improvement | |under improvement | |appropriate improvement for the neighborhood. |

| |Normal marketing time in the area is: |      |days. |

| |Marketability of subject property is | |excellent | |good | |fair | |poor. |

| |Unit Type: | |House | |Condo | |Townhouse |

| |The fee includes: | |Pool| |Tennis |

III. COMPETITIVE CONTRACT OFFERINGS OR LISTINGS

|C |ITEM |SUBJECT |COMPARABLE NO. 1 |COMPARABLE NO. 2 |COMPARABLE NO. 3 |

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|COMP| | | | | |

|ARAB| | | | | |

|LE | | | | | |

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|ANAL| | | | | |

|YS I| | | | | |

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| |Address |      |      |      |      |

| |Proximity to Subj. |      |      |      |      |

| |Current Price |$       | |$       | |

| |VALUE |DESCRIPTION |DESCRIPTION |+ (-) $ |

| |ADJUSTMEN| | | |

| |TS | | | |

|Planned Marketing Action in addition to cleaning, repairing, signage, MLS, and lock box (be specific): |      |

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|Recommended repairs and your estimate of cost by item. (Note with “*” |Condition Comments and Description. Pleas indicate all structural/systems concerns. |

|those items likely to be required with Purchaser financing.) Attach | |

|addendum if additional space is needed. | |

|      |$ |      | |      |

|      |$ |      | |      |

|      |$ |      | |      |

|      |$ |      | |      |

|      |$ |      | |      |

|TOTAL: |$ |      | |      |

V. COMPETITIVE CLOSED SALES

| |ITEM |SUBJECT |COMPARABLE NO. 1 |COMPARABLE NO. 2 |COMPARABLE NO. 3 |

| |Address |      |      |      |      |

| |Proximity to Subj. |      |      |      |      |

| |Sales Price |$       | |$       | |

| |VALUE ADJUSTMENTS |DES|

| | |CRI|

| | |PTI|

| | |ON |

| | |Market Value |Suggested List Price |Available Financing |Broker Recommends Marketing | |

| | | | | |Either | |

| |As Is |$       |$       |Conv FHA/VA Other | | |OR | |

| |Minimal Lender Repairs |$       |$       |Estimate of Repairs: $       | | | | |

| |Complete Repairs |$       |$       |Estimate of Repairs: $       | | | | |

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COMMENTS including specific positive on this property and special concerns, if any, like apparent structural issues, encroachments, easements, water rights, propane, hazardous waste, flood zone, etc.) Attach addendum if additional space is needed.

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|Agent’s Signature | |Date |

Typed by:      

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