Map of Subject And Comparable Properties

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1 CMA: Mapping Map of Subject And Comparable Properties Legend Active Sold Pending Withdrawn Cancelled Expired Subject: 2 Lakewood Dr. Hattiesburg MS DOGWOOD Cove, Hattiesburg MS (85996) PECAN GROVE Dr., Hattiesburg MS (85392) BAYVIEW Dr., Hattiesburg MS (86551) West Hills Dr., Hattiesburg MS (86568) BAYVIEW Dr., Hattiesburg MS (85657) E LAKEWOOD Dr., Hattiesburg MS (86943)

2 CMA: Subject Property Subject Property Description Address 2 Lakewood Dr. Total Bedrooms 4 Total Bathrooms 2.00 SOLD SqFt. Lot Acres Approx. Sq. Ft Year Built 1973

3 CMA: Subject and Comparable Properties Subject Lakewood Dr. Hattiesburg MS BAYVIEW Dr. Hattiesburg MS 4401 BAYVIEW Dr. Hattiesburg MS 108 E LAKEWOOD Dr. Hattiesburg MS List Price $117,900 $116,500 $124,900 Original List Price $119,900 $116,500 $124,900 Sold Price Status Active Active Active Status Date 01/02/ /15/ /25/2011 Days on Market Total Bedrooms Total Bathrooms SOLD SqFt. Lot Acres Approx. Sq. Ft Sq. Ft Sq. Ft. Less than 1000 Sq. Ft. Year Built Price $134,167 $117,900 $116,500 $124,900

4 CMA: Subject and Comparable Properties Subject Lakewood Dr. Hattiesburg MS DOGWOOD Cove Hattiesburg MS 106 West Hills Dr. Hattiesburg MS 212 PECAN GROVE Dr. Hattiesburg MS List Price $169,900 $149,900 $119,900 Original List Price $169,900 $149,900 $125,000 Sold Price $150,000 $142,500 $110,000 Status Sold Sold Sold Status Date 12/09/ /19/ /15/2011 Days on Market Total Bedrooms Total Bathrooms SOLD SqFt. 2,600 3,054 1,971 Lot Acres Approx. Sq. Ft Sq. Ft Sq. Ft Sq. Ft. Year Built Price $134,167 $150,000 $142,500 $110,000

5 CMA: Statistical Summary MLS # Address Price Analysis Summary of Closed Listings List Price DOM Sold Date Sold Price Total Adjustments Adjusted Price DOGWOOD Cove, Hattiesburg $169, /08/2011 $150,000 - $150,000 MS West Hills Dr., Hattiesburg MS $149, /16/2011 $142,500 - $142, PECAN GROVE Dr., Hattiesburg MS $119, /12/2011 $110,000 - $110,000 Summary of Active Listings MLS # Address Orig. List Price DOM List Price Total Adjustments Adjusted Price BAYVIEW Dr., Hattiesburg MS $119, $117,900 - $117, BAYVIEW Dr., Hattiesburg MS $116, $116,500 - $116, E LAKEWOOD Dr., Hattiesburg MS $124, $124,900 - $124,900 Low, Average, Median, and High Comparisons Closed Active Overall Low $110,000 $116,500 $110,000 Average $134,167 $119,767 $126,967 Median $142,500 $117,900 $121,400 High $150,000 $124,900 $150,000 Status # List Vol. Avg. List Price Overall Market Analysis (Unadjusted) Sold Vol. Avg. Sold Price Sale/List Price Avg. SOLD SqFt. Avg. List $/SOLD SqFt. Avg. Sold $/SOLD SqFt. Closed 3 439, , , , , Active 3 359, , Overall 6 799, , , , , Avg. DOM

6 CMA: Listing Price Recommendation Listing Price Recommendation Low $110,000 High $150,000 Recommended $134,167

7 CMA: Comparable #85996 (Map Number 1) 4508 DOGWOOD Cove Residential Sold $150,000 Provided as a courtesy of Christie Cowart Ann Cowan Realty 108 Tanglewood Drive Office Phone - (601) cell phone - (251) ChristieCowart@hotmail.com Co-op Broker: 2.4 Other Co-op: 0 Variable Commission: No Exclusive Agency: No Realtor Ads: Yes 1st Right of Refusal: Select One Sell Concession Amt: 1535 Sold in Past 3 Yrs: No SOLD SqFt.: 2,600 Foreclosure: No Lender Short Sale: No 16th Section Land: N Area: Oak Grove Type of Property: Single Family Lot Dimensions: 271x50x182x260 School District: Oak Grove Homestead Exempt: Special Exemption for Disability Year Built: 1985 New - Complete Date: Total Bedrooms: 4 Total Bathrooms: 2 Total Half Baths: 1 Approx. Sq. Ft.: Sq. Ft. Source for SqFt: Actual SqFt: 2,600 Licensed Builder: Subdivision: Westover County: Lamar Flood Zone: No Zoning: Section: 01 Township: 04N Range: 14W Ttl Annual Prop Tax: Annual HOA Fee: Tax Year: 2010 Public Remarks: Impressive outside and inside needs some TLC and updating to complete this total package-great curb appeal, great square footage, formal living/dining, den w/fireplace, four bedrooms, large yard with storage building all in the heart of Oak Grove on a cul de sac! Private Remarks: PLEASE REGISTER SHOWINGS Directions: Westover Drive to Dogwood Cove; house is on left Legal Description: LOT 308 WESTOVER 3RD ADD REVISED Sale/Rent: Sale Utility Info: Water Supplier: Arnold Line; Electric Supplier: MS Power; Gas Supplier: Willmut; Sewer: City of Hattiesburg Stories: One Story Aproximate Age: Years Construction: Brick Veneer Foundation: Slab Floors: Carpet; Ceramic Tile; Wood Roof: Composition Shingle Heat System: Central Gas Lot Acres: Cooling System: Central Electric Water/System: Community Water Sewer: Public Sewer Specialty Rooms: Living & Dining Cmbo; Great Room; Sun Room Kitchen Features: Built-in Oven; Double Oven; Cook-Top; Dishwasher Ceiling Height: 8' +; Cathedral Ceilings Interior Features: Ceiling Fans; Walk-in Closet; Fireplace; Wet Bar Garage: Double Attached Carport: None Exterior Features: Fenced Yard; Deck; Storage Shed; Hot Tub Community Amenities: Cable Available Leased Item: None Special Ownership: Estate Property Lot Description: Subdivision Proposed Financing: Purchaser's Option Showing Instructions: Lockbox; Vacant; Other - See Remarks Possession: Cvrd in Sales Cntrct List Date: 05/18/2011 Days On Market: 197 List Price: 169,900 Original List Price: 169,900 Sold Date: 12/08/2011 Sold Price: 150,000 Financing: Cash Pended Date: 12/01/2011 Contingent: No Status Change Date: 12/09/2011 LA: Cheryl Cranford; (601) ; cranfordre@aol.com LO: Re/Max Real Estate Partners; Remaxhburg@aol.com SA: Cheryl Cranford; (601) ; cranfordre@aol.com SO: Re/Max Real Estate Partners; (601) ; Remaxhburg@aol.com

8 CMA: Comparable #86568 (Map Number 2) 106 West Hills Dr Residential Sold $142,500 Provided as a courtesy of Christie Cowart Ann Cowan Realty 108 Tanglewood Drive Office Phone - (601) cell phone - (251) ChristieCowart@hotmail.com Co-op Broker: 2.4 Other Co-op: 0 Variable Commission: No Exclusive Agency: No Realtor Ads: Yes 1st Right of Refusal: Select One Sell Concession Amt: 0.0 Sold in Past 3 Yrs: No SOLD SqFt.: 3,054 Foreclosure: No Lender Short Sale: No 16th Section Land: Area: Oak Grove Type of Property: Single Family Lot Dimensions: x x x 200 School District: Oak Grove Homestead Exempt: No Homestead Exemption Year Built: 1970 New - Complete Date: Total Bedrooms: 4 Total Bathrooms: 3 Total Half Baths: 1 Approx. Sq. Ft.: Sq. Ft. Source for SqFt: Appraisal Actual SqFt: 3,029 Licensed Builder: Subdivision: Westover County: Lamar Flood Zone: Partial Zoning: Section: 01 Township: 04N Range: 14W Ttl Annual Prop Tax: 1, Annual HOA Fee: Tax Year: 2010 Public Remarks: Huge Value in Oak Grove! Large family home with mother-in-law suite with bedroom, bath and den with fireplace. Main floor with den, kitchen, dining, game room, bath, and laundry. Two rear porches and a storage shed. Home has recently been remodeled Private Remarks: Property was previously thought to be in flood zone, but insurance and lender flood determinations show property does not require flood insurance. Directions: Hwy 98 to Westover Drive. Take left on 4th St. Next left on West Hills Drive. Home on Left. Legal Description: LOT 26, LESS SOUTH 10 FT, WESTOVER S/D Sale/Rent: Sale Utility Info: Water Supplier: Arnold Line; Electric Supplier: Mississippi Power; Gas Supplier: Willmut; Sewer: City of Hattiesburg Stories: Tri-Level Aproximate Age: Years Construction: Brick Veneer/Siding Foundation: Slab Floors: Ceramic Tile Roof: Architectural Heat System: Central Gas Room Name Bath 1 Bath 2 Bath 3 Bedroom 1 Bedroom 2 Bedroom 3 Bedroom 4 Bonus Room Lot Acres: Room Level No. of Rooms Cooling System: Central Electric Water/System: Community Water Sewer: Public Sewer Specialty Rooms: Great Room; Play Room; Screen Porch; 2nd Master Suite Kitchen Features: Range; Microwave; Dishwasher; Refrigerator Ceiling Height: 8' + Interior Features: All Window Treatment; Ceiling Fans; Walk-in Closet; Smoke Detectors; Fireplace; Garden Tub Garage: None Carport: None Length Width Area Room Remarks Lower Level Upper Level Upper Level Lower Level Upper Level Upper Level Upper Level Game Room, 20' x 20' Exterior Features: Fenced Yard; Thermopane Windows; Covered Patio; Storage Shed; Paved Drive; Covered Porch Community Amenities: Street Lights; Cable Available Leased Item: None Special Ownership: None Lot Description: Subdivision Proposed Financing: Purchaser's Option Showing Instructions: Lockbox Possession: Cvrd in Sales Cntrct Room Name Room Level No. of Rooms Length Width Area Room Remarks Den Lower Level Dining Room Foyer Kitchen Living Room Other Room 1 Half Bath Utility Room Large, 10' x 9'

9 List Date: 07/18/2011 Days On Market: 33 List Price: 149,900 Original List Price: 149,900 Sold Date: 09/16/2011 Sold Price: 142,500 Financing: Conventional Pended Date: 08/20/2011 Contingent: No Status Change Date: 09/19/2011 LA: DeLois Team; (601) ; CLA: Scott Holmes; (601) ; LO: The DeLois Smith All Star Team; SA: Linda Seifert; (601) ; SO: The DeLois Smith All Star Team; (601) ;

10 CMA: Comparable #85392 (Map Number 3) 212 PECAN GROVE Dr Residential Sold $110,000 Provided as a courtesy of Christie Cowart Ann Cowan Realty 108 Tanglewood Drive Office Phone - (601) cell phone - (251) ChristieCowart@hotmail.com Co-op Broker: 2.4 Other Co-op: 0 Variable Commission: No Exclusive Agency: No Realtor Ads: Yes 1st Right of Refusal: Select One Sell Concession Amt: 4487 Sold in Past 3 Yrs: No SOLD SqFt.: 1,971 Foreclosure: No Lender Short Sale: No 16th Section Land: N Area: Oak Grove Type of Property: Single Family Lot Dimensions:.31 Acre MOL School District: Oak Grove Homestead Exempt: No Homestead Exemption Year Built: 1972 New - Complete Date: Total Bedrooms: 3 Total Bathrooms: 2 Total Half Baths: 0 Approx. Sq. Ft.: Sq. Ft. Source for SqFt: Appraisal Actual SqFt: 1,867 Licensed Builder: Subdivision: Westover County: Lamar Flood Zone: Yes Zoning: Section: 01 Township: 04N Range: 14W Ttl Annual Prop Tax: 1, Annual HOA Fee: Tax Year: 2010 Public Remarks: JUST A PERFECT HOUSE Immaculate and ready for occupancy this 3 bedroom 2 bath beauty is located on a corner lot, formal living/dining, den w/fireplace, extra large master suite w/fireplace and sitting area, great back yard beautifully landscaped with covered patio, fenced and nice storage shed. $5,000 allowance for Purchasers Private Remarks: $5,000 allowance for Purchasers PLEASE REGISTER SHOWINGS Directions: West 4th St to Pecan Grove Dr; house at the end of the street on left corner. Legal Description: LOT 465 LESS N 10 FT WESTOVER 4TH ADD Sale/Rent: Sale Utility Info: Water Supplier: Arnold Line; Electric Supplier: Pearl River Valley; Gas Supplier: Willmut; Sewer: City Stories: One Story Aproximate Age: Years Construction: Brick Veneer Foundation: Slab Floors: Carpet; Ceramic Tile; Laminate Roof: Composition Shingle Heat System: Central Gas Cooling System: Central Electric Water/System: Community Water Sewer: Public Sewer Specialty Rooms: Living & Dining Cmbo; Great Room Kitchen Features: Range; Cook-Top; Microwave; Dishwasher Ceiling Height: 8' + Interior Features: Security System; Ceiling Fans; Walk-in Closet; Smoke Detectors; # Fireplaces: 2 Garage: Double Attached Carport: None Exterior Features: Fenced Yard; Covered Patio; Storage Shed; Garden Space; Paved Drive Community Amenities: Cable Available Leased Item: None Special Ownership: None Lot Description: Subdivision; Corner Showing Instructions: Lockbox; Other - See Remarks Possession: Cvrd in Sales Cntrct Sold Info: Source of Appraisal: Nace Appraisal Lot Acres: List Date: 03/23/2011 Days On Market: 132 List Price: 119,900 Original List Price: 125,000 Sold Date: 08/12/2011 Sold Price: 110,000 Financing: FHA Pended Date: 08/02/2011 Contingent: No Status Change Date: 08/15/2011 LA: Cheryl Cranford; (601) ; cranfordre@aol.com LO: Re/Max Real Estate Partners; Remaxhburg@aol.com SA: Casey Freeman; (601) ; yourgetitdonerealtor@hotmail.com SO: King & King Realty, LLC; (601) ; kingandkingrealty@comcast.net

11 CMA: Comparable #85657 (Map Number 4) 4403 BAYVIEW Dr Residential Active $117,900 Provided as a courtesy of Christie Cowart Ann Cowan Realty 108 Tanglewood Drive Office Phone - (601) cell phone - (251) ChristieCowart@hotmail.com Co-op Broker: 2.4 Other Co-op: 0.0 Variable Commission: No Exclusive Agency: No Realtor Ads: Yes 1st Right of Refusal: Select One Sell Concession Amt: Sold in Past 3 Yrs: No SOLD SqFt.: Foreclosure: Lender Short Sale: 16th Section Land: N Area: Oak Grove Type of Property: Single Family Lot Dimensions: 125 x 250 School District: Oak Grove Homestead Exempt: No Homestead Exemption Year Built: 1969 New - Complete Date: Total Bedrooms: 3 Total Bathrooms: 2 Total Half Baths: 1 Approx. Sq. Ft.: Sq. Ft. Source for SqFt: Actual SqFt: 2,226 Licensed Builder: Subdivision: Westover County: Lamar Flood Zone: No Zoning: Section: 01 Township: 04N Range: 14W Ttl Annual Prop Tax: Annual HOA Fee: Tax Year: 2010 Public Remarks: Sparkling Pool & Space Galore!!That's what you'll find in this very spacious split-level home.3bdrms & 1.5 bths on main level.downstairs has another complete living space w/laundry,full bath,bdrm w/add living area or gameroom w/bar&french doors opening onto patio/pool area & overlooking backyard.also a huge enclosed heated/cooled garage-poss. add. bdrm or currently used as office. Priced to sell!! Private Remarks: Please call either listing agent to schedule showing. Kristina Mottl or Natasha Mcleod Directions: Take Hwy 98 to Westover and go North, after stop sign turn right on Bayview, house is on the left. Legal Description: LOT N OF BAYVIEW NW 1/4 SE 1/4 Sale/Rent: Sale Utility Info: Water Supplier: Arnold Line; Electric Supplier: MS Power; Gas Supplier: Willmut; Sewer: City of Hattiesburg Stories: Split Level Aproximate Age: Years Construction: Block Masonry; Brick Veneer/Siding Foundation: Slab Floors: Carpet; Laminate; Vinyl Roof: Composition Shingle Heat System: Central Gas Lot Acres: Cooling System: Central Electric Water/System: Community Water Sewer: Public Sewer Specialty Rooms: Living & Dining Cmbo; Great Room; Home Office; Play Room; Other - See Remarks Kitchen Features: Range; Microwave; Dishwasher; Disposal; Refrigerator; Exhaust Fan Ceiling Height: 8' +; 9' + Interior Features: All Window Treatment; Whirlpool Tub; Ceiling Fans; Smoke Detectors; Fireplace; Other - See Remarks Garage: None Carport: None Exterior Features: Fenced Yard; In Ground Pool; Patio; Deck; Storage Shed; In-Ground Sprklr Sys; Garden Space; Paved Drive; Other - See Remarks Community Amenities: Neighborhood Park; Walking Trails; Street Lights; Satellite Permitted; Cable Available Leased Item: None Special Ownership: None Lot Description: Subdivision Proposed Financing: Purchaser's Option Showing Instructions: Lockbox; Special Instructions; Other - See Remarks Possession: At Closing List Date: 04/07/2011 Days On Market: 281 List Price: 117,900 Original List Price: 119,900 Status Change Date: 01/02/2012 LA: The M & M Team; hattiesburghomeexperts@yahoo.com LO: Keller Williams Realty; klrw257@kw.com CLA: Kristina Mottl; (601) ; realtor.kristina@yahoo.com

12 CMA: Comparable #86551 (Map Number 5) 4401 BAYVIEW Dr Residential Active $116,500 Provided as a courtesy of Christie Cowart Ann Cowan Realty 108 Tanglewood Drive Office Phone - (601) cell phone - (251) ChristieCowart@hotmail.com Co-op Broker: 2% Other Co-op: No Variable Commission: No Exclusive Agency: No Realtor Ads: Yes 1st Right of Refusal: Select One Sell Concession Amt: Sold in Past 3 Yrs: No SOLD SqFt.: Foreclosure: No Lender Short Sale: No 16th Section Land: Area: Oak Grove Type of Property: Single Family Lot Dimensions: See Delta School District: Oak Grove Homestead Exempt: Regular Homestead Year Built: 1978 New - Complete Date: Total Bedrooms: 3 Total Bathrooms: 2 Total Half Baths: 0 Approx. Sq. Ft.: Sq. Ft. Source for SqFt: Actual SqFt: Licensed Builder: Subdivision: Westover County: Lamar Flood Zone: No Zoning: Section: 1 Township: 4 N Range: 14 W Ttl Annual Prop Tax: Annual HOA Fee: Tax Year: Public Remarks: Emmaculate 3br 2bath home conveniently located just off Westover Drive. Freshly painted and ready for a new family!nice built-in entertainment center and storage living room. Pretty kitchen w/ceramic tile, breakfast bar, and dining area. Large covered back deck located just off kitchen overlooks beautiful back yard. Great set-up and back yard for entertaining! Private Remarks: Lockbox on front door. Easy to show but please call either Kristina or Natasha to schedule all showings. Directions: From Hardy head north on Westover Drive, right on Bayview, home located on the left. Legal Description: Lot N of Bayview Sale/Rent: Sale Stories: One Story Aproximate Age: Years Construction: Brick Veneer Foundation: Slab Floors: Carpet; Laminate Roof: Composition Shingle Heat System: Central Electric Cooling System: Central Electric Lot Acres: Water/System: Community Water Sewer: Public Sewer Specialty Rooms: Living & Dining Cmbo Kitchen Features: Range; Dishwasher; Disposal; Refrigerator Ceiling Height: 8' + Interior Features: Ceiling Fans; Walk-in Closet; Smoke Detectors Garage: Double Attached; Garage Door Opener Carport: None Exterior Features: Fenced Yard; Deck Community Amenities: Cable Available Leased Item: None Special Ownership: None Lot Description: Subdivision Proposed Financing: Purchaser's Option Showing Instructions: Lockbox Possession: At Closing List Date: 07/15/2011 Days On Market: 182 List Price: 116,500 Original List Price: 116,500 Status Change Date: 07/15/2011 LA: The M & M Team; hattiesburghomeexperts@yahoo.com LO: Keller Williams Realty; klrw257@kw.com CLA: Kristina Mottl; (601) ; realtor.kristina@yahoo.com

13 CMA: Comparable #86943 (Map Number 6) 108 E LAKEWOOD Dr Residential Active $124,900 Provided as a courtesy of Christie Cowart Ann Cowan Realty 108 Tanglewood Drive Office Phone - (601) cell phone - (251) ChristieCowart@hotmail.com Co-op Broker: 2.4 Other Co-op: 0 Variable Commission: No Exclusive Agency: No Realtor Ads: Yes 1st Right of Refusal: Select One Sell Concession Amt: Sold in Past 3 Yrs: No SOLD SqFt.: Foreclosure: No Lender Short Sale: No 16th Section Land: N Area: Oak Grove Type of Property: Single Family Lot Dimensions: 80 x 140 School District: Oak Grove Homestead Exempt: Regular Homestead Year Built: 1976 New - Complete Date: Total Bedrooms: 3 Total Bathrooms: 2 Total Half Baths: 0 Approx. Sq. Ft.: Less than 1000 Sq. Ft. Source for SqFt: Actual SqFt: Licensed Builder: Subdivision: Lakewood County: Lamar Flood Zone: No Zoning: Section: 14 Township: 04N Range: 14W Ttl Annual Prop Tax: Annual HOA Fee: Tax Year: Public Remarks: Completely Updated, and Ready to Move in to! Lovely, Private, and Tucked in Away from it All, but Close to Everything! House is all Sweet and Cozy, but nice size rooms~large fenced in Backyard, with Building that has been been constructed for a Drummer's Practice Room...Cool and soundproof..drum Away...Many Uses Private Remarks: Vacant, but please check with Agent or office for appointment. Directions: Hwy 98 to WeathersbyRd. Rt o Weathersby to 4 way stop. Right to Lakeside on left. Legal Description: Lot 5 Lakewood South S/D Sale/Rent: Sale Utility Info: Water Supplier: Lamar; Electric Supplier: Pearl River Valley; Gas Supplier: Wilmut Stories: One Story Aproximate Age: Years Construction: Brick Veneer Foundation: Slab Floors: Carpet; Ceramic Tile Roof: Composition Shingle Heat System: Central Gas Lot Acres: Cooling System: Central Electric Water/System: Community Water Sewer: Public Sewer Kitchen Features: Range; Dishwasher; Disposal; Refrigerator; Exhaust Fan Ceiling Height: 8' + Interior Features: All Window Treatment; Ceiling Fans; Walk-in Closet; Smoke Detectors; Fireplace Garage: None Carport: Double Attached Exterior Features: Fenced Yard; Patio; Improved Outbldg(s); Paved Drive Community Amenities: Cable Available Leased Item: None Special Ownership: None Lot Description: Subdivision; Level Proposed Financing: Purchaser's Option Showing Instructions: Lockbox; Special Instructions; Vacant Possession: Cvrd in Sales Cntrct List Date: 08/25/2011 Days On Market: 141 List Price: 124,900 Original List Price: 124,900 Status Change Date: 08/25/2011 LA: Billy King; (601) ; billyking@megagate.com LO: King & King Realty, LLC; kingandkingrealty@comcast.net

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