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					                                                           4600 South Syracuse Street, Suite 800 Denver, CO 80237
                                                                                                                                                         BROKER PRICE OPINION
                                                           Phone (303) 770-1976         Fax (303) 793-0769                                          Exterior Inspection                   Interior Inspection
                                                                                                                                  Instruction Type:

 Property Address: 921 N CENTER ST                                                                                            IAS Order #:              1500991
 City, State, Zip:       JOLIET, IL 60435                                                                                     Project ID:               AHP062011
 Loan:                   921                                                                                                  Mortgagor:                UNKNOWN,
 2nd Loan/Client #:      AmericanPres                                                                                         Investor #:


SUBJECT PROPERTY                                       Occupancy Status:                     VACANT          OCCUPIED                            Property Appears Secure?                    YES              NO

                          Currently                                                                                   Date Last      Last Sold      Previous Previous List                                Taxes
        Location                                   Current List Broker                       List Broker Phone                                                                           Taxes
                           Listed                                                                                       Sold          Amount        List Date  Amount                                   Delinquent
        Suburban                NO                                                                                     10/31/06      $135,000                                         $2,914.00     $0.00

         APN#:     0704323017                                                        Special Assessments:           $0.00

Subject Comments:
This property was in good condition. There was no major visual damages to the exterior of the home and the property was maintained well. The market is down in the area and prices have been declining as of late.



HOA Name:          0                                          HOA Fees:        $0.00                        HOA Assessments:            $0.00                           HOA Frequency: N/A
       Property Info                 Subject                 Sold Comp 1                Sold Comp 2               Sold Comp 3                Listed Comp 1                Listed Comp 2             Listed Comp 3




Address                    921 N CENTER ST            614 N. Nicholson           927 Kelly                  1103 Highland              721 Wilcox St.               1208 Kelly Ave.           1104 Vine St.

Zip                        60435                      60435                      60435                      60435                      60435                        60435                     60435

Proximity                                             0.47 Mile                  0.44 Mile                  0.25 Mile                  0.49 Mile                    0.52 Mile                 0.77 Mile

Subdivision                none                       none                       none                       none                       none                         none                      none

MLS Number                                            07697441                   07729160                   07619534                   07785188                     07733306                  07812937

Data Source                Assessor Records           MLS                        MLS                        MLS                        MLS                          MLS                       MLS

Sale Type                  Fair Market                REO                        REO                        REO                        Short Sale                   REO                       REO

Orig List Date                                        12/22/10                   02/10/11                   08/27/10                   04/19/11                     02/16/11                  05/19/11

Orig List Price                                       $45,000                    $50,000                    $69,900                    $74,900                      $84,000                   $64,900

Current List Date                                                                                                                      06/22/2011                   06/22/2011                05/19/2011

Current List Price                                                                                                                     $59,900                      $61,236                   $649,900

Sale Date                                             02/11/11                   05/02/11                   01/24/11

List Price at Sale                                    $45,000                    $50,000                    $64,900

Sale Price                                            $42,000                    $48,000                    $49,000

Seller Concessions                                    $0.00                      $0.00                      $0.00

DOM (Curr / Total)          /                         20 / 20                    14 / 14                    42 / 74                    15 / 65                      18 / 126                  34 / 34

Num of Units               1                          1                          1                          1                          1                            1                         1

PropertyType               Single Family Detached Single Family Detached Single Family Detached Single Family Detached Single Family Detached Single Family Detached Single Family Detached

Property Style             ranch                      ranch                      ranch                      ranch                      ranch                        ranch                     ranch

Condition                  Good                       Fair                       Fair                       Good                       Good                         Good                      Good

Year Built                 1890                       1900                       1929                       1900                       1928                         1920                      1917

Lot Size                   8055.00 Sq.Ft.             6072.00 Sq.Ft.             5500.00 Sq.Ft.             6700.00 Sq.Ft.             6500.00 Sq.Ft.               5200.00 Sq.Ft.            5200.00 Sq.Ft.

Above Grade Room Count     2/1/0/0                    2/1/0/0                    2/2/0/0                    2/1/0/0                    2/1/0/0                      2/1/0/0                   3/1/0/0

Gross Living Area          854                        950                        1120                       768                        988                          640                       928

Basement                   Yes                        Yes                        Yes                        Yes                        Yes                          Yes                       Yes

Basement (% fin)           0                          0                          0                          0                          0                            100                       0

Price per sq ft                                       $44.21                     $42.86                     $63.80                     $60.63                       $95.68                    $700.32

Garage/Carport             1 Garage - Detached        2 Garage - Detached        2 Garage - Detached        None                       1 Garage - Detached          2 Garage - Detached       2 Garage - Detached

Fireplace                  0                          0                          0                          0                          0                            0                         0

Pool                       No                         NO                         NO                         NO                         NO                           NO                        NO

View Type                  Neighborhood               Neighborhood               Neighborhood               Neighborhood               Neighborhood                 Neighborhood              Neighborhood

Inferior/Superior                                     Inferior                   Superior                   Superior                   Superior                     Inferior                  Superior
                 Please see the comments addendum page.
Sale 1
Comments

                 Please see the comments addendum page.
Sale 2
Comments

                 Please see the comments addendum page.
Sale 3
Comments


                 Please see the comments addendum page.
Listing 1
Comments

                 Please see the comments addendum page.
Listing 2
Comments

                 Please see the comments addendum page.
Listing 3
Comments

NEIGHBORHOOD DATA:

 Neighborhood Value Trend:                   Improving        Stable               Declining      Monthly rate (%) of change?      0.83    # months for Value trend change   12
 Neighborhood Pride of Ownership:                Excellent         Good                Fair        Poor      New Construction in area?      No

 Average Marketing Time of Comparable Listings:               75                                             Average Marketing Time of Comparable Sales:         36

 Price Range of Competing Properties:               $59,900    to         $99,900                          Number of Competing Listings in Neighborhood:          7
 Predominate Value for Immediate Area:              $48,000
 Describe any negative neighborhood factors that will detract from subject:
 none
 Economic outlook for region/subject's market:
 Stable

 Rent Control:           Yes              No

 Comments:




MARKETABILITY OF SUBJECT:

 Number of REO/Short Sale properties in the subjects market                   2                 Number of REO/Short Sale properties on the subject's block   0
 Is the presence of REO/Short Sale properties in the subject's market adversely affecting overall values?           Yes

 Average marketing time for lender owned properties in subject's market               60

 In the subject's market, what is the average % discount required to sell a lender owned property compared to a comparable non-lender owned property?            30.00

 * Will this property be a problem for resale? If so, why?:
 none
 Indicate any financing subject will NOT qualify for:
 all are ok

 Most likely buyer:     Owner Occupant
 Explain any functional/economic obsolescence:

 none

PROPERTY COMMENTS AND FEATURES

 Please Describe Any Negative Features or Condition of the Property:

 there was no visual damages to the exterior of the home.


 Please Describe Any Positive Features or Condition of the Property:

 The property was in good condition and maintained well. property is located near shopping centers and has average schools.



REPAIRS
 Does Property have any damage that may qualify as an Insurance claim ?                    No        Description:         0

                       Insurance Repairs Estimated Amount and Description:                 $0        0

                          Interior Repairs Estimated Amount and Description:

                          Exterior Repairs Estimated Amount and Description:               $0        0

                         Updates Needed Estimated Amount and Description:                  $0        0

                                                                   Total Repairs
BROKER COMMENTS REGARDING VALUE CONCLUSION:
This property should sell for the market value which is reo driven. 95% of the sales have been foreclosures. I had to give an reo market value for the subject property.




VALUE CONCLUSION:

                                                                                                        90-120 DAY MARKET TIME
                                                            AS-IS Sale Strategy                                          REPAIRED Sale Strategy                                    ESTIMATED LAND ONLY VALUE
     RECOMMENDED LIST PRICE:                                           $52,900                                                           $52,900                                                         $3,000
     ANTICIPATED SALE PRICE:                                           $49,000                                                           $49,000

                       30 DAY QUICK SALE MARKET TIME                                                                                    OTHER VALUES
                                     Quick Sale Strategy                                                                                                                                                         Recommended Sales Strategy:
     RECOMMENDED LIST PRICE:                                         $42,900                               6 MONTH FUTURE VALUE:                                              $46,610                                   AS IS               REPAIRED

     ANTICIPATED SALE PRICE:                                         $39,000                               FAIR MARKET RENT VALUE:                                            $1,000

       "Future Value is a calculation based on Brokers' ASP Price and Monthly Rate % of change. This does not represent a prediction or determination of future value, it merely displays a possible value if the area market trend were to continue."




QC COMMENTS:
Although some market data presented falls outside generally accepted guidelines, the agent has adequately justified its use and the value conclusion is reasonable and supported.




 Broker Signature: MIKE PUSATERI                                                                                         BPO Date:            06/22/2011                                                  IAS Order #:          1500991

  Broker Company: KWEBB REALTY (815)823-3412                                                                                                                                                                        Loan:       921

 Property Address:            921 N CENTER ST

                                            NOTE: This report is meant to be a Broker's Opinion of Value ONLY and is not to be construed as an appraisal.
 SUBJECT PROPERTY COMMENTS ADDENDUM:


 COMP LISTING # 1 COMMENTS ADDENDUM:
This property is similar in style but has more square footage. This property should have similar buyers. MLS: Solid brick bungalow located on a
quite, newly paved street! Original woodwork, oak doors walnut inlay hardwood floors. Formal Dining rm! Walk up attic. Wide front porch. Private
fenced backyard 1.5 car garage! Full basement! SOLD AS IS- SELLER WILL NOT PROVIDE SURVEY. 100% TAX PRORATION. BUYER
RESPONSIBLE FOR VILLAGE REQ & ESCROWS. PLEASE SUBMIT PROOF OF FUNDS WITH ALL OFFERS.

School Data Elementary: (86)
Junior High: (86)
High School: (204)
Other:


 COMP LISTING # 2 COMMENTS ADDENDUM:
This property is similar in style with less square footage but has a finished basement. Will have similar buyers. MLS: Great home offers modern
convenience with classic quality and character and plenty of potential for a growing family for very little investment. See it today. Make an offer
tomorrow! Choose FHA financing to qualify for $100 down payment. Ask your Agent for details.

School Data

 COMP LISTING # 3 COMMENTS ADDENDUM:
This property is similar in style with one more bedroom and more square footage. This property shoulds have similar buyers. MLS: Remarks:
This property is eligible under the Freddie Mac First Look Initiative through 6/4/2011. Move in condition. Fenced yard. Front porch is nice. Large
garage. SOLD "AS IS", NO DISCLOSURES, SURVEY, TERMITE INSPECTION. TAXES PRO-RATED AT 100%. QUICK REPLY TO OFFERS.
PRE-APPROVAL AND/OR PROOF OF FUNDS.SPECIAL ADDENDUM REQUIRED.

 COMP SALES # 1 COMMENTS ADDENDUM:
This property is similar in style and in bedrooms but is in fair condition. MLS: : Handyperson needed for this all brick 2 bedroom bungalow with
basement. Needs major work throughout. Buyer responsible for requirements/repairs required by municipality. Seller will not consider offers until 7
calendar days after initial listing period (12/29/2010). CASH ONLY. "AS-IS".

School Data

 COMP SALES # 2 COMMENTS ADDENDUM:
This property is similar in style with more square footage. Will have similar buyers. MLS: Remarks: 2 bedroom with basement and garage.2nd
bathroom in basement. hud case # 137-136920. fha okay with 550.00 repair escrow.must have pre-approval or proof of funds.sold as is

 COMP SALES # 3 COMMENTS ADDENDUM:
This property is similar in style and in bedrooms and will have similar buyers. MLS: Close by December 31, 2010 and receive up to 3.5% in
closing costs assistance! Special Offers for more details ask me. Eligibility restrictions apply. Property was recently updated with a newer kitchen,
flooring, bath and deck. Full basement.

School Data Elementary: (86)
Junior High: (86)
High School: (205)
Other:
                                                             BROKERS PRICE OPINION (BPO)
PHOTOS:

IAS Number:       CENT921
Loan Number:      921
Address:          921 N CENTER ST, JOLIET, IL 60435 (WILL)

Description: Subject




Description: House Number Verification
                                                                                     BROKERS PRICE OPINION (BPO)
PHOTOS:

IAS Number:       CENT921
Loan Number:      921
Address:          921 N CENTER ST, JOLIET, IL 60435 (WILL)

Description: StreetView




Description: CompListing1                  Address: 721 Wilcox St.,Joliet IL 60435
                                                                                      BROKERS PRICE OPINION (BPO)
PHOTOS:

IAS Number:       CENT921
Loan Number:      921
Address:          921 N CENTER ST, JOLIET, IL 60435 (WILL)

Description: CompListing2                  Address: 1208 Kelly Ave.,Joliet IL 60435




Description: CompListing3                  Address: 1104 Vine St.,Joliet IL 60435
                                                                                      BROKERS PRICE OPINION (BPO)
PHOTOS:

IAS Number:      CENT921
Loan Number:     921
Address:         921 N CENTER ST, JOLIET, IL 60435 (WILL)

Description: CompSale1                    Address: 614 N. Nicholson,Joliet IL 60435




Description: CompSale2                    Address: 927 Kelly,Joliet IL 60435
                                                                                   BROKERS PRICE OPINION (BPO)
PHOTOS:

IAS Number:      CENT921
Loan Number:     921
Address:         921 N CENTER ST, JOLIET, IL 60435 (WILL)

Description: CompSale3                    Address: 1103 Highland,Joliet IL 60435
Map




                                               Order Number:          CENT921
                                               Loan Number:           921


                                                                Subject Property:
                                                                   921 N CENTER ST
                                                                   JOLIET, IL 60435
                                               Distance from Subject to Broker Office: 3.9236366836 Miles

                                                              ~Distances not Guaranteed~
                                               Based on MapQuest's accuracy & ability to locate addresses.



      Comp. Listing 1:                                                                                       Closed Sale 1:
      721 Wilcox St.                                                                                         614 N. Nicholson
      Joliet, IL 60435                                                                                       Joliet, IL 60435
      Dist. From Subject: 0.4923933295 Miles                                                                 Dist. From Subject: 0.4665004319 Miles


      Comp. Listing 2:                                                                                       Closed Sale 2:
      1208 Kelly Ave.                                                                                        927 Kelly
      Joliet, IL 60435                                                                                       Joliet, IL 60435
      Dist. From Subject: 0.5232109454 Miles                                                                 Dist. From Subject: 0.4411503122 Miles


      Comp. Listing 3:                                                                                       Closed Sale 3:
      1104 Vine St.                                                                                          1103 Highland
      Joliet, IL 60435                                                                                       Joliet, IL 60435
      Dist. From Subject: 0.1752407731 Miles                                                                 Dist. From Subject: 0.2472280507 Miles

				
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