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BROKER PRICE OPINION

Stock # ALA110871

Parcel #10-05-16-0-000-002.001

Property Address: 1389 Co Rd 456 City: Clanton State: Al Zip Code: 35045

The above premises was inspected on: 03/06/2015 by: Darlene Rice

The property was: Vacant Occupied

Is the exterior in good repair? Yes No Is the house & yard free from debris? Yes No

Has the property been boarded, screened, or otherwise secured? Yes No Keybox Yes No

Has the property been vandalized? Yes No

Is there an HOA on this property? Yes No

Details: This is a doublewide on 35 acres. It has a workshop and a couple of out buildings. It is on a dirt road and is mostly open pasture.

Property appears to be well taken care of.

Exterior repairs needed (in order of importance) to market property. Give a "best knowledge" estimate of costs.

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Color Exterior/Interior Photos Attached

NEIGHBORHOOD DATA

Property Values: Increasing Declining Stable

Supply/Demand: Shortage Abundance Normal

Marketing Time: Under 3 Months 4 - 6 Months Over 6 Months

Price Range: (Neighborhood) High $175,000.00 Low $10,000.00

Number of houses in Direct Competition with Subject: 1 Number of sales in the past 6 months: 2

Appraisal/Room count provided by lender: Yes No

SUBJECT PROPERTY

Address Style Age SQ FT # Rms # BRs # Baths Gar/CP List Price List Date Fin Terms

1389 Co Rd 456, Clanton, Al. mobilehome 17 1920 7 3 2 Det 2 N/a N/a conv

CURRENT HOMES FOR SALE Competitive Listings Style Age SQ FT # Rms # BRs # Baths Gar/CP List Price List Date Days on

Market

Prox to

Subject

690 Co Rd 384, Maplesville Mobile home 20 1290 6 2 2 Det 1 89900 07/14/14 239 10 miles

1315 Co Rd 359, Maplesville SFD 57 1189 5 2 1 0 98000 10/22/14 141 9 miles

980 CoRd 447, Verbena SFD 25 1404 6 3 2 0 102795 11/21/14 112 7 miles

CLOSED PROPERTIES Competitive Sales Style Age SQ FT # Rms # BRs # Baths Gar/

CP

List Price Sale Price Date Closed Days on

Market

Prox to

Subject

180 Co Rd 454, Clanton Mobile home 10 2057 7 4 2 0 50000 52000 01/12/15 12 1 miles

3939 Co Rd 151, Jemison Mobile home 18 2100 7 4 2 0 62900 58500 10/29/14 545 9 miles

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2164 Co Rd 42, Jemison SFD 26 2000 7 5 4 1 129000 129200 03/13/14 116 13 miles

List comp l has 30 ac, LC2 has 20 ac, LC3 has 11 ac, Sold comp 2 has12 ac, SC2 has 80 ac, SC3 has 15 ac.

PROPERTY VALUES

For Ninety (90) Day Market Period: As Is Condition: $110,000.00

Repaired: $110,000.00

For Thirty (30) Day Market Period: Quick Sale: $100,000.00

Recommended List Price: $124,000.00

MARKETABILITY

What current market conditions will affect the sale of the home? Available financing? Homes with land are picking up in sales. Will

have to go Conv financing because of the

acreage.

What are the positives/negatives of the property? Dirt road is bad and surrounding properties

need improvement.

How do the comps that were used compare to the subject? Similar either in size, style or land size.

Note specific items that could be a potential problem:

Very rural location, Acreage limits financing types available.

Checklist of Damages

Is there any vandalism?: Yes No If yes, Where?

Is there any graffiti?: Yes No If yes, Where?

Is there any damage that appears to be caused by an act of nature?: Yes No If yes, Where?

Are there any broken windows?: Yes No If yes, Where?

Are there any broken doors?: Yes No If yes, Where?

Does anything appear to be missing? (i.e., HVAC, door knobs, fencing) : Yes No If yes, Where?

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What is the condition and approx. age of roof?: Yes No If yes, Where?

Roof appears to be in average condiiton. Age unknown

Is this home boarded? : Yes No If yes, Where?

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Digital Photo Addendum

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Comparable Properties

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