MONTHLY MARKETING REPORT (due on the 15th of each month )

5020 Wild Oats Drive Fort Worth, Texas 76179 / 6/8/09
Mortgagor Name / Property Address: / List Date
REO#: 430200925 / Listing Agent:Susan Hill
MLS #: 11281625

PROPERTY DATA: (Attach MLS listing for subject property.)

Style

/ Sq.Ft. / Bdrms / Bath / Bsmnt. / Garage / Lot Sz. / Age / Cond. / # Showings By Broker
Lot / .158
Last
insp / Days
On Mkt. / Current
List / Original
List / Date
Winterized / Last
Yd. Wk / Date
Clean / # Showings By Others
// / 113 / $13900 / $13900 / // / // / // / # Offers Received / 0
Date of Latest Open House: / // / Date of Broker/Agent Tour: / //
Advertising Used:
MLS / Flyers / R/E Journal / Newspaper / Other (detail) / Property is being advertised on several websites as well as property information being sent to area builders.
Describe Property: / Vacant building lot with no trees.
Describe Any Hazardous Conditions/Materials: / None Noted
Comments From Prospective Buyers/Brokers who have toured Subject Property: / Property is a vacant lot. Agents do not show lots for the most part. They just send their Buyers to drive by.
Buyer didn't like the area.
Too many lots for sale in this area.
Buyers didn't want an area where there are so many foreclosures.

COMPARABLE LISTINGS/SALES:

Active Listings From Original BPO and Current Status:

Address / Original LP / Current LP / Days on Mkt. / Sales Price / Sale Date / Financing
7116 Gillis Johnson Street / $20000 / $20000 / 132 / $16000 / 6/19/09 / Cash
8817 Soy Seed Trail / $19500 / $11500 / 88 / $13500 / 6/2/09 / Cash
5217 Wheat Sheaf Trail / $19500 / $11500 / 88 / $19500 / 6/2/09 / Cash

Comparable Recent Sales: Attach MLS printouts

Property
Address / Sale
Date / Sq.
Ft. / #
Bdrms / #
Baths / % Fin
Bsmnt / Garage / Lot
Size / Age / DOM / Prox to
Subject / List @
Sale / Sale
Price / Seller
8805 Soy Seed Trail / 6/2/20 / 0.157 / 88 / 0.5mls / $11500 / $13500 / Foreclosure
6601 Marvin Brown Street / 4//3/09 / 0.336 / 66 / 1 mile / $20000 / $17000 / Owner
2121 Portwood Way / 7/8/09 / 0.103 / 98 / $25000 / $18000 / Foreclosure
Condition of Comps / Comments: Type Financing, special seller concessions, etc.
COMP #1 / Average / Foreclosure, sold in conjunction with three other lots. (see above Acticelistings from original BPO)
COMP #2 / Average / No building restrictions, mineral rights conveyed.
COMP #3 / Average / Foreclosure, Golf course lot.

Comparable Current Listings: Attach MLS printouts

Property
Address / Prop
Type / Sq.
Ft. / #
Bdrms / #
Baths / % Fin
Bsmnt / Garage / Lot
Size / Age / DOM / Prox to
Subject / Original
List / Current
List / Owner
4905Wild Oats Drive / Land / 0.128 / 309 / 0.4 mls / $29500 / $29500 / Foreclosure
4925 Caraway Drive / Land / 0.128 / 29 / .04 mls / $17500 / $17500 / Foreclosure
5220 Sorghum Drive / Land / .0.158 / 29 / 0.5 mls / $17500 / $17500 / Foreclosure
Condition of Comps / Comments: Type Financing, special seller concessions, etc.
COMP #1 / Average / Foreclosure, same subdivision, slightly smaller size lot, same condition.
COMP #2 / Average / Foreclosure, same subdivision, slightly smaller lot, same condition.
COMP #3 / Average / Foreclosure, same subdivision, same size lot, same condition.
Competition is: / Increasing / Stable / Decreasing
Condition of Competition: / Better / Same / Inferior
PriceRanges Compared to Subject: / Above / Same / Below
Average Marketing Time in Area: / 96 / # Listings in Area: / 19

SUBJECT PROPERTY MARKETING RECOMMENDATIONS

Any additional repairs/improvements recommended: / No
Estimated Cost to Repair: / $0
Why do you feel this property has not yet sold? / Too much competition, There is an oversupply of vacant lots on the market as many builders have overextended and the demand for new construction has reduced drastically in the past two years.
Detail you marketing strategy for next 30 days: / The property information will be sent to area builders, investors and local Realtors. Advertising on several websites will continue as well as the use of the MLS System.
Comments: / At the present time there are 19 lots on the market in this subdivisiion. There have been 3 sales in the last 6 month. In the past 30 days, there have been about 12 new ones listed
Current Market Value of Subject Property:
Based on 90-120 Day Marketing Time, “AS-IS” SUGGESTED LIST PRICE: / $11,900
Based on 90-120 Day Marketing Time, “AS-IS” ANTICIPATED SALES PRICE: / $11,000
Susan Hill / 817-701-4901 x: / 09/30/09
Broker/Agent Signature
/ Telephone No. /
Date Completed
Hill Group Real Estate Services
2303 Roosevelt Drive Suite A
Arlington, Texas 76016 / 817-701-4901
Agency Name
/ Agency Address