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262- 202 Hawkes BPO

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					                                                         9339 Carroll Park Dr, Suite 100 San Diego, CA 92121 t 858.909.4300 f 858.909.2900 www.hanqual.com




Order ID       37688288                                          Loan Number             n/a
                                                                 Client Project ID       07132010_A

Client Contact Info
Client     VERTICAL FINANCIAL GROUP                                   Branch             IRVINE,CA
Attention DAVIS, JUDY                                                 Fax/Email          Judy@verticalmtg.com

Subject Property Information
Address: 202-04 HAWKES AVENUE , COLUMBUS, OH 43222
Borrower/Owner: n/a, n/a                                                             Subject Property Type:         Multi-Family
Is subject vacant? Y                                                                 If vacant, is subject secured? Y
Condition/Curb Appeal: Average                  Average                              Estimated deferred maintenance costs:            $0
Has subject been listed in the last 12 months? N                                     Listing Date:                     Listing Price:
Has subject transferred in last 12 months?      No                                   Sale Date: 03/01/2005             Sale Price: $0
Subdivision Name: N/A                                                                Market Rent: $0
Is there a guest house? No        Guest house sq ft: N/A                             Is subject a Condo/PUD? No

Neighborhood Information
Location:                  Urban                                                     Marketing Time for neighborhood: 180
Pride of Ownership:        Average                                                   Neighborhood Demand/Supply:      Oversupply
Neighborhood Price Range: $5,000-$40,000                                             Neighborhood Trend:              Depreciating
Predominant Occupancy:     Owner
Similar Homes Sold Prior Month: 0                                                    # of Listings in Direct Competition: 10
Zoning:                    N/A

Comparable Listings
                                           Subject                             Listing 1                           Listing 2                         Listing 3
Address                          202-04 HAWKES AVENUE             1046 scott                          231 w.park                        29 rodgers
Data Source                                                       MLS 210011562                       MLS 210019002                     MLS 210022748
# Units                          2                                2                                   2                                 2
Listing Type                                                      Unspecified                         Unspecified                       Unspecified
Days on Market                   N/A                              108                                 72                                45
List Price                                                        $10,000                             $15,000                           $17,900
Original List Price              $0                               $10,000                             $15,000                           $17,900
Distance (miles)                 N/A                              0.5                                 0.5                               0.4
Site Size (acres)                0.08                             0.09                                0.1                               0.09
View                             No                               No                                  No                                No
Age                              100                              90                                  102                               90
Condition                        Average                          Average                             Average                           Average
Square Footage                   2400                             2100                                2050                              2492
Bedrooms                         6                                4                                   4                                 6
Bathrooms                        2                                2                                   2                                 2
Garage/Pool                      0              No                0           No                      0           No                    0           No
Basement / % Finished            Unfinished     %                 Unfinished %                        Unfinished %                      Unfinished %

Comparable Sales
                                               Subject                          Sale 1                              Sale 2                            Sale 3
Address                          202-04 HAWKES AVENUE             39 princeton                        81 princeton                      772 sullivant
Data Source                                                       MLS 2990554                         MLS 2907672                       MLS 2991814
# Units                          2                                2                                   2                                 2
Sale Type                                                         ArmsLength                          ArmsLength                        ArmsLength
Days on Market                   N/A                              134                                 249                               93
List Price                                                        $15,000                             $16,900                           $18,000
Sale Price/Date                                                   $12,000            01/09/2010       $13,500          03/05/2010       $15,000           01/24/2010
Distance (miles)                 N/A                              0.3                                 0.3                               0.4
Site Size (acres)                0.08                             0.09                                0.09                              0.08
View                             No                               No                                  No                                No
Age                              100                              100                                 90                                100
Condition                        Average                          Average                             Average                           Average
Square Footage                   2400                             1900                                2600                              2400
Bedrooms                         6                                4                                   6                                 6
Bathrooms                        2                                2                                   2                                 2
Garage/Pool                      0          No                    0               No                  0             No                  0               No
Basement / % Finished            Unfinished %                     Unfinished      %                   Unfinished    %                   Unfinished      %

Broker Comp Comments

Comments regarding the comparability of listings to the subject specifically addressing their overall similarity (equal/superior/inferior)

Listing #1: Inferior sq.f.t.&windows, short sale
Listing #2: Short sale
Listing #3: Short sale

Sale #1:   Inferior sq.f.t. Old windows
Sale #2:   Superior gla
Sale #3:   Brick

Broker Value Opinion

Normal Market Value                                                Quick Sale Value
                                     $12,000                                                   $10,000                         As of:      07/16/2010
“As Is”:                                                           “As Is”:
Normal Market Value                                                Quick Sale Value
“As Repaired”:                       $12,000                       “As Repaired”:              $10,000
                                                      9339 Carroll Park Dr, Suite 100 San Diego, CA 92121 t 858.909.4300 f 858.909.2900 www.hanqual.com




 Order ID      37688288                                       Loan Number           n/a
                                                              Client Project ID     07132010_A


 Additional Broker Comments
The market is stable,values are decreasing due to current market conditions&foreclosures,prices are all over the chart. All brick,some replacement
windows.overgrown yard. Information from public records & mls system. These comps are the best and closest to the subject property. Subject and all comps
ahve 2 units. Overgrown yard all brick construction,some replacement windows interior fire damage,on one unit according to a very old listing information.

**QC NOTE: This evaluation reflects an REO perspective.




 Exterior Repair Addendum

 Item Category                   Cost to Cure       Comments
 Roof                             $0
 Exterior/Siding                  $0
 Foundation                       $0
 Construction in Progress         $0
 Outbuildings                     $0
 Yard Maintenance                 $0
 Other                            $0
 Total                            $0

 Comparable Location Map




Broker Price Opinion offers a value opinion derived from analysis of local market data and subject property information. Comparable market
data for the area is provided by a local Real Estate Broker. Information on the subject property is obtained via MLS, county records, personal files,
or it may be provided to LPS by the client. In some cases, information on the subject property may be limited or unavailable. In these instances,
the information is provided by the Real Estate Professional's exterior physical inspection of the subject. The report is based upon data that LPS
deems reliable, however, no guarantee or warranty is provided. LPS does not provide opinions on, nor assume responsibility for the existence of
any environmental, structural, or title related defects associated with the subject property. This analysis and evaluation of an interest in real
property for ownership or collateral purposes is prepared for the above named financial institution to be used for internal
purposes only. This document is not an appraisal and is intended for use only for loan transactions valued at $250,000 or less, as
required by Title XI of FIRREA. The agent submitting this report represents that she/he drove by the property and has no
interest in the property.  

Notwithstanding any preprinted language to the contrary, this opinion is not an
appraisal of the market value of the property. If an appraisal is desired, the
services of a licensed or certified appraiser must be obtained.
                                   9339 Carroll Park Dr, Suite 100 San Diego, CA 92121 t 858.909.4300 f 858.909.2900 www.hanqual.com




Order ID    37688288                       Loan Number         n/a
                                           Client Project ID   07132010_A


Subject Property Satellite Image




Subject Photo




Street Scene Photo
                             9339 Carroll Park Dr, Suite 100 San Diego, CA 92121 t 858.909.4300 f 858.909.2900 www.hanqual.com




Order ID    37688288                 Loan Number         n/a
                                     Client Project ID   07132010_A


Address Verification Photo
                                              9339 Carroll Park Dr, Suite 100 San Diego, CA 92121 t 858.909.4300 f 858.909.2900 www.hanqual.com




Order ID    37688288                                  Loan Number         n/a
                                                      Client Project ID   07132010_A

Comparable Listing 1 1046 scott, columbus, OH 43222




Comparable Listing 2 231 w.park, columbus, OH 43222




Comparable Listing 3 29 rodgers, columbus, OH 43222
                                                9339 Carroll Park Dr, Suite 100 San Diego, CA 92121 t 858.909.4300 f 858.909.2900 www.hanqual.com




Order ID   37688288                                       Loan Number         n/a
                                                          Client Project ID   07132010_A

Comparable Sale 1     39 princeton, columbus, OH 43222




Comparable Sale 2     81 princeton, columbus, OH 43222




Comparable Sale 3     772 sullivant, columbus, OH 43222

				
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