Considering current and near future market trends and conditions, and all other information contained herein, our opinion is:

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To be completed by Realtor and returned to Transferee/ BGRS Transferee Name: Property Address: Market Value Vacant Occupied by owner Occupied by tenant Considering current and near future market trends and conditions, and all other information contained herein, our opinion is: INDICATED RANGE OF VALUE: $ to $ SUGGESTED LISTING PRICE: $ to $ ESTIMATED SELLING TIME: to Property Features Comments and/or Conditions Conformity: Sitting (on lot): Curb Appeal: Built-ins: Heating/Cooling: Energy Savings: Carpeting: Water by Utility: City Sewer: Septic System: Well: Pool: Garage: Outbuildings: P a g e 1 o f 7

Condition of Property Opinion and other comments relative to overall condition: Is there any evidence of structural problems? Yes No If yes, explain: Are there any recommended cosmetic repairs, improvements or clean up, interior or exterior, required to invite early, best offers? Yes No If yes, explain Inspections Recommended: Overall Condition Rating of Subject: Good Average Poor Location Location factors believed to affect the value of the property, such as views, traffic patterns, right-of-ways, public facilities, railroad tracks, highways or power lines: P a g e 2 o f 7

Are there any assessments, proposed or pending? Yes If yes, list : No Neighbourhood amenities (such as shopping, schools, services, etc.) : Other features or comments considered important : P a g e 3 o f 7

Local Economics Zoning Local current or anticipated economic or political conditions or events presently affecting (or that could possibly affect) the value of the property either pro or con (such as re-zoning, plant closings, strikes or layoffs, mass moves into, or out of, the area etc.) Yes No If yes, comment: Activity Has this property been listed for sale within the past year? Yes No If yes: Listing dates from to Listing broker to Last list price $ SUBJECT PROPERTY Type Age Sq.Ft. # Bdrms # Baths Garage List Date Days to Date List Price Recent Comparable Neighbourhood Sales (attach MLS copies) Total number of comparable sales in past 30 days in subject and competing areas: Price Range: ADDRESSES: 1. Style Distance Fr. Subject 2. Style Distance Fr. Subject 3. Style Distance Fr. Subject P a g e 4 o f 7

Description Date Sold Days on Mkt. List Price Sale Price 1. superior inferior 2. superior inferior 3. superior inferior Comments: Why did these homes sell instead of the subject: FOR SALE CURRENTLY (attach MLS copies) Number of competing listings in the general area: Price Range: ADDRESSES: 1. Style: Distance Fr. Subject: 2. Style: Distance Fr. Subject: 3. Style: Distance Fr. Subject: Description Date Listed Days on Market List Price 1. superior inferior 2. superior inferior 3. superior inferior Comments: P a g e 5 o f 7

MARKET FACTORS IN ADDITION TO PHYSICAL, LOCATION, ECONOMIC AND COMPARABLE SALES New construction in area? Yes No How Many? Compare to subject: Resale competition: Immediate neighbourhood General Area Sales to Listing Ratio: Improving Declining Mortgage financing availability that may affect the marketing of the property: Other factors which may affect the marketing of the property: Marketing Recommendations & Conclusions The best selling feature(s) of the property: P a g e 6 o f 7

Features that might adversely affect the saleability of the property: The most likely purchaser of this property would be (describe): The best strategy for marketing this property most effectively would be: Realtor : (Please print) Realtor s Signature: Date: Firm Name: Name of Broker: P a g e 7 o f 7