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Comparative Market Analysis

PROPERTY ADDRESS:

9441 Georgian WayOwings Mills, MD 21117

PREPARED FOR:

Teresa [email protected]

410.902.7695

PREPARED BY:

administrator [email protected] xnull

January 18, 2007

1.800 CALL ZIP • 1.800.225.5947 | www.ZipRealty.com

COMPARATIVE MARKET ANALYSIS DISCLOSURE

This analysis is not an appraisal. It is intended only for the purpose of assisting buyersor sellers or prospective buyers or sellers in deciding the listing, offering, or sale price of the real property.

January 18, 2007

Dear Teresa ,

Selling your home is a significant event in your life. Whether you think of yourhouse as a home with many fond memories or think of it primarily as a financialasset, you want the guidance of a knowledgeable agent. At ZipRealty, we arededicated to providing you with the personal, professional service you deserve.

Our goal is to sell your home. We partner with you to make this happen!

Successfully selling your home requires smart marketing, active promotion, anda team of professionals. Pricing your home correctly will help it sell for thehighest price in the shortest amount of time. This packet has valuableinformation that will help you establish your selling strategy, evaluate currentmarket activity, and determine the right price.

Thank you for giving us the opportunity help you sell your home. All of us atZipRealty want to do what we can to make this a memorable and enjoyableexperience!

Sincerely,

administrator ZipRealtyREALTOR (R)

Helen [email protected] cell703.373.0782 fax

Helen RossMember of ZipRealty's President's Club

My Experience

• ZipRealty Top Producer - DC, Q4 2003

• Volume sales leader with 20 years of Residential real estate experience

• Residential real estate consultant specializing in renovation and staging of properties prior to sale orrental

• Experience in mortgage industry, automated underwriting

• Two years experience in the new home industry

• ZipRealty President's Club 2002 Q1, Q2, Q3, Q4; 2003 Q1, Q2, Q3, Q4 (Platinum); 2004 Q1 (Platinum),Q2 (Platinum), Q3 (Platinum), Q4 (Platinum); 2005 Q1 (Platinum), Q3 (Gold); 2006 Q1, Q2, Q3

• ZipRealty's Century Club

• ZipRealty Top Producer - DC, Q1 2004

Credentials

• BS in Education from the University of Virginia,Charlottesville, Virginia

• Licensed Real Estate Agent in Virginia

Memberships

• Virginia Association of Realtors

• National Association of Realtors

Communities

• Born and raised in Northern Virginia

• Active in church, sports and schools while raising 3 children

Agent Profile Continued . . .

What Clients Are Saying About Helen Ross

"Helen Ross was sooo helpful. One word to describe her is 'AWESOME.' I will definitely work with her again in thefuture."

"Everything was done RIGHT! Helen is always looking out for her customer's interest 1st." - Erich

"Helen is by far the best real estate agent we ever met. She deserves recognition for her great attitude andwillingness to go above and beyond in helping us. She genuinely cared and was very committed to seeing usthrough the process."

"... the most helpful and kind realtor I've known."

"Helen was great to work with. She was very attentive to our needs and we enjoyed working with her immensely."- Robert

Congratulations on all the improvements to your site. It's satisfying to know that you've listened to your customersand made significant progress in building out a really powerful site for buying real estate - David

"I was COMPLETELY SATISFIED!!!! We drove Helen across three counties looking at houses for two months.Mountains, pastures, lake-front. She was totally AWESOME. I have recommended her to several co-workerslooking for houses. She was friendly, patient, knowledgable, and was working for us, working with us, in our bestinterest."

"...everything was outstanding!" - Lauren

"Our buyers were a little difficult and our agent, Helen Ross, handled them very professionally, but also firmly,working for our best interests."

"I've now used Helen Ross to buy a home and sell a home. Both experiences have been terrific. The ZipRealtyexperience was also terrific as a whole. Helen is currently engaged in finding a new home for me now. I think thatis the real indicator of how well Helen and Zip work." - David Lipetz, Potomac Falls, VA

"Helen Ross! Superb and very helpful!!"

Over 4,156 active ZipRealtybuyers searching for homesin your territory.3

ZipRealty is ranked in the top 10 most visited real estate websitesaccording to Realtor.com's monthly Internet statistics.1

ZipRealty has more than 4,156 active buyers2 searching for homesin your territory3. Your territory includes the zip code 21117.

Our cutting edge email notification system actively marketsyour home to buyers who are searching in your area.

Photos, virtual tours and property details are showcased onyour homes individual web page.

Selling your home quickly will keep it from getting stale.However, your personal needs will also determine yourselling timeframe, price and terms.

Location, location, location - the old adage is still true.The number of other homes for sale in your neighborhood,and how they're priced will also affect your home's sale.

First impressions, home improvements, or needed repairscan increase or decrease your home's value.

Comparable Properties LEGEND Active Pending Sold

1. 4636 ASHFORTH WAY, Owings Mills, MD 21117 List Price: $339,900

Proximity 0.1 miles Date Listed 09/29/06 Price Per N/A

Bed 3 List Price $339,900 Sq. Ft.Baths 2 Year Built 2001

Half Baths 1 Lot Size 1,938 SQ FT

Sq. Ft. N/A

PRICE REDUCED!!! WHAT A GREAT DEAL! COME ON OVER AND SEE THIS BEAUTIFUL HOME! *WOODFLRS*NEWER CARPETING*INSIDE DEVELOPMENT & AWAY FROM ROAD*QUICK SETTLEMENTPOSSIBLE*SHOWS LIKE A MODEL!*BRICK FRONT!*DECK*NEWLY PAINTED INSIDE*COME MAKE THIS YOURNEW HOME! CALL MOUNT AIRY COLDWELL BANKER FOR PRIVATE SHOWING !!

2. 4700 COYLE RD #206, Owings Mills, MD 21117 List Price: $296,500

Proximity 0.3 miles Date Listed 11/15/06 Price Per 165

Bed 3 List Price $296,500 Sq. Ft.Baths 2 Year Built 2004

Half Baths N/A Lot SizeSq. Ft. 1,792

FABULOUS UNIT-2BR & DEN-WHAT A BUY!LGST MODEL,ONLY 2 YRS OLD,IN ELEV BLDG W/ASSIGNUNDERGRND PRKNG GAR & 12FT BALCONY. HUGE,GORG KIT W/42" CABINETS,ISLAND & S.S.APPLS. HDWDFLRS IN KIT & FOYER. DEN/OFFICE OFF FOYER. HUGE LR & SEP DR. KNGSZ MBR W/W-IN CLST & MBATH. HALLBATH W/JACUZ TUB IS 10X10. INCRED STOR/LNDRY RM...

3. 9528 GEORGIAN WAY, Owings Mills, MD 21117 List Price: $350,000

Proximity 0.1 miles Date Listed 10/26/06 Price Per N/A

Bed 3 List Price $350,000 Sq. Ft.Baths 2 Year Built 1994

Half Baths 1 Lot Size 2,046 SQ FT

Sq. Ft. N/A

ONE OF THE LARGEST TOWNHOMES IN THE AREA. THIS GORGEOUS GEORGIAN STYLE HOME OFFERS AFOYER, WOOD FLOORS, 3 FINISHED LEVELS, OVER 2400 SQ FT, LARGE DECK W/RETRACTABLE AWNING,WINDOW BOX IN KITCHEN & MORE. DINING ROOM CHANDELIER & SMALL REFRIGERATOR ARE EXCLUDED.EXTERIOR MAINTENANCE FREE.

administrator [email protected] xnull

Comparable Properties LEGEND Active Pending Sold

4. 9528 COVENTRY WAY, Owings Mills, MD 21117 List Price: $364,900

Proximity 0.2 miles Date Listed 12/01/06 Price Per N/A

Bed 3 List Price $364,900 Sq. Ft.Baths 2 Year Built 2000

Half Baths 1 Lot Size 2,233 SQ FT

Sq. Ft. N/A

EXQUISITELY SERENE LYONS GATE COMMUNITY. THIS GRAND THREE STORY HOME FEATURES A STATELYBRICK FRONT WITH ONE CAR GARAGE, 3 SPACIIOIUS BDRMS, 2.5 BATHS, LUXURIOUS OWNERS SUITEFEATURING SOAKING TUB, WALK IN CLOSETS & UPSTAIRS LAUNDRY. SPACIOUS KITCHEN, BAY WINDOWWITH SEAT IN LIVING RM. HARDWOOD FLOORS, FENCED YARD, VAULTED CEILINGS,WINDOW...

5. 4622 ASHFORTH WAY, Owings Mills, MD 21117 List Price: $327,500

Proximity 0.0 miles Date Listed 06/19/06 Price Per N/A

Bed 3 List Price $327,500 Sq. Ft.Baths 2 Year Built 2001

Half Baths 1 Lot Size 1,936 SQ FT

Sq. Ft. N/A

GREAT VALUE FOR A GREAT TOWNHOUSE. PRICE REDUCED AGAIN!!!! DON'T LET THE DOM FOOL YOU.SPACIOUS 5 YEAR NEW LARGE THS IN LYONS GATE W/ EAT-IN KITCHEN, NEW LAMINATE WOOD FLOORS ONMAIN LEVEL, FINISHED BASEMENT, LOADS OF STORAGE, ONE CAR GARAGE. PROPERTY IS PRICED TO SELLAND SETTLE QUICKLY.

6. 4634 ASHFORTH WAY, Owings Mills, MD 21117 List Price: $354,900

Proximity 0.0 miles Date Listed 11/07/06 Price Per N/A

Bed 3 List Price $354,900 Sq. Ft.Baths 2 Year Built 2001

Half Baths 1 Lot Size 2,073 SQ FT

Sq. Ft. N/A

WELL-MAINTAINED 3BR GARAGE TOWNHOME. WOOD FLOORS THROUGHOUT MAIN LEVEL. NEW BERBERCARPET ON UPPER LEVEL AND LL. MASTER BA WITH JACUZZI TUB AND SEPARATE SHOWER. WASHER/DRYER ON UPPER LEVEL. LARGE KITCHEN WITH ISLAND AND BREAKFAST AREA. LARGE DECK OFF OFKITCHEN. ALL WINDOW TREATMENTS AND BARSTOOLS CONVEY. HOME WARRANTY INCLUDED. THISLOVELY...

administrator [email protected] xnull

Comparable Properties LEGEND Active Pending Sold

1. 4535 INGHAM RD, Owings Mills, MD 21117 Sold Price: $277,000

Proximity 0.4 miles Date Listed 07/06/06 Price Per N/A

Bed 3 List Price $280,000 Sq. Ft.Baths 2 Date Sold 08/31/06 Sell to 99%

Half Baths 1 Sold Price $277,000 List RatioSq. Ft. N/A DOM 29

Year Built 1999 Lot Size 1,560 SQ FT

ENTERTAINERS DELIGHT. WELCOMES YOU INTO THIS SUPER TOWNHOME. OPEN FLOOR PLAN W/ COUNTRYKIT W/ SLIDERS TO DECK OVERLOOKING WOODED AREA. AMENITIES INCLUDE MBR, VAULTED CEILING W/WALK IN CLOSET & SKYLIGHT IN MASTER BATH. ALL APPLIANCES. FINISHED LOWER LEVEL W/ WALKOUT.EXTRA STORAGE. FULL BATH ROUGH IN. GREAT CONVENIENT LOCATION, SELLERS HAVE...

2. 9403 GEORGIAN WAY, Owings Mills, MD 21117 Sold Price: $340,000

Proximity 0.1 miles Date Listed 04/24/06 Price Per N/A

Bed 3 List Price $342,000 Sq. Ft.Baths 2 Date Sold 10/12/06 Sell to 99%

Half Baths 1 Sold Price $340,000 List RatioSq. Ft. N/A DOM 111

Year Built 1996 Lot Size 2,024 SQ FT

WOW!,BACK ON THE MARKET PENDING RELEASES.LUXURY/GORGEOUS TOWNHOME IN OWINGSMILLS.ENTRY LEVEL FAMILY ROOM W/FP & WALKOUT TO YARD.UPDATED GOURMET KIT.W/CENTERISLAND,PANTRY & LRG.BREAKFAST ROOM WITH BUILT IN BENCHES.SLIDERS TO DECK FACING COUNTRYVIEW.MASTER BR W/VAULTED CEILINGS,WALK IN CLOSETS,SUPER BATH W/SEP.SHOWER,SOAKING TUB &...

3. 4505 INGHAM RD, Owings Mills, MD 21117 Sold Price: $277,500

Proximity 0.4 miles Date Listed 06/23/06 Price Per N/A

Bed 3 List Price $279,900 Sq. Ft.Baths 2 Date Sold 08/25/06 Sell to 99%

Half Baths 1 Sold Price $277,500 List RatioSq. Ft. N/A DOM 18

Year Built 1998 Lot Size 1,640 SQ FT

TOWNHOUSE IN VERY NICE CONDITION. COUNTRY KITCHEN W/ UPGRADED WHITE CABINETS & ALLAPPLIANCES (EX. REF. BSMT). GREAT LL FR W/ GAS FP & FULL BATH. TOP FLR LARGE BATH W/ SEP SHOWER& SOAKING TUB & DOUBLE SINK VANITY. VAULTED CEILING IN MBR.

administrator [email protected] xnull

Comparable Properties LEGEND Active Pending Sold

4. 4711 KINGS MILLS WAY, Owings Mills, MD 21117 Sold Price: $342,000

Proximity 0.1 miles Date Listed 03/22/06 Price Per N/A

Bed 3 List Price $345,000 Sq. Ft.Baths 2 Date Sold 07/27/06 Sell to 99%

Half Baths 1 Sold Price $342,000 List RatioSq. Ft. N/A DOM 69

Year Built 2000 Lot Size 2,060 SQ FT

SPACIOUS LYONS GATE BRICK FRONT TWNHSE IN IMMACULATE CONDITION W/3 FINISHED LEVELS! "COOKS"KITCHEN W/ CENTER ISLAND & BRKFST BAR, 42" CABINETS, CERAMIC FLOOR & GRANITE COUNTERTOPS.MBR W/ VAULTED CEILING, EXCELLENT CLOSET SPACE & MASTER BATH W/ GLASS SHOWER & GARDEN TUB.FAMILY ROOM W/ GAS FP & SLIDERS TO...

5. 4704 KINGS MILL WAY, Owings Mills, MD 21117 Sold Price: $350,000

Proximity 0.1 miles Date Listed 07/13/06 Price Per N/A

Bed 3 List Price $365,000 Sq. Ft.Baths 2 Date Sold 09/29/06 Sell to 96%

Half Baths 1 Sold Price $350,000 List RatioSq. Ft. N/A DOM 26

Year Built 1999 Lot Size 1,999 SQ FT

BRING ALL OFFERS!!!SPACIOUS 3 LEVEL TOWNHOUSE WITH BUMP-OUT ON 2 LEVELS.1 CAR GARAGE,RAPAROUND DECK!HARD WOOD FLOOR,BERBER CARPET,CERAMIC TILE ON FOYER & BATHROOMS.CROWNMOLDINGS,RECESSED LIGHTINGS,GOURMET KITHEN & PROFESSIONALLY PAINTED AND MUCH MUCHMORE...

administrator [email protected] xnull

SUMMARY

Comparable Price AnalysisListing Category Lowest Price Highest Price Average Price Average Price/Sq. Ft.

Active $296,500 $364,900 $338,950 165

Pending N/A N/A N/A N/A

Sold $277,000 $350,000 $317,300 N/A

9441 Georgian Way Owings Mills, MD 21117

Bed: 3 Full Baths: 2 Half Baths: 1 Sq. Ft.: Lot Size: Year Built: 1994

LEGEND

Active Pending Sold

administrator [email protected] xnull

Estimated Seller Proceeds (Net Sheet)

Subject Property7113 Pelican St danville, CA 94506

Bed/Bath3/2

Sq.Ft.1,404

Lot Size: Year Built

Loan Payoffs Total $2,100.00

First Loan Balance: $0.00 Prepayment Penalty (if any): $0.00

Second Loan Balance: $0.00 Reconveyance Fees: $0.00

Other Loans and Liens: $0.00 Interest Owed on Current Loans: $2,100.00

Other: $0.00 (30-45 days, prorated throughestimated closing date)

Other Fees Total $26,862.00

Prorated Property Taxes: $1,312.00 Miscellaneous Fees: $250.00

(either a debit or credit) (notary, drawing, recording, etc.)

City Transfer Tax: $0.00 Miscellaneous VA-FHA Fees: $0.00

CLTA Title Insurance: $0.00 Buyer's Closing CostsEscrow Fee: $500.00 Paid by Seller: $0.00

Brokerage Fee to ZipRealty: $9,300.00 Other: $0.00

Brokerage Fee to Selling Office: $15,500.00

Inspections and Repairs Total $2,074.00

Geological Hazards/ Chimney Inspection: $0.00

Environmental Report: $99.00 ($125 - $150)

Pest Control Inspection: $175.00 Chimney Work: $0.00

($175) Pool Inspection: $0.00

Pest Control Work: $500.00 ($125 - $175)

Property Inspection: $0.00 Pool Work: $0.00

($350 - $450) Home Protection Plan: $300.00

Property Inspection Repairs: $1,000.00 ($315 - $350)

Roof Inspection: $0.00 Seller's Coverage: $0.00

($125 - $225) Other Inspections: $0.00

Roof Work: $0.00 Other Repairs: $0.00

Summary Total $620,000.00

Suggested Purchase Price of Property: $620,000.00

Less Total Estimated Loans and Costs: $31,036.00

Estimated Net Profit to Seller: $588,964.00

This information is believed to be accurate but is subject to verification.

Lynn [email protected] cell925.265.9064 fax

First Impressions: Preparing Your HouseThe saying "You only get one chance to make a first impression!" certainly applies to real estate. You want to makecertain that prospective buyers have a favorable impression of your house as soon as they see it.

Create an Overall Pleasant "Curb Appeal"

• Keep lawn mowed• Trim overgrown bushes and remove dead plants• Clean gardening area and remove weeds• Remove porch clutter• Paint front door if necessary

Remove Clutter

• Kitchen counter• Top of the refrigerator• Front of the refrigerator• Closets• Built-in Shelves• Bathroom Counters• Dining room table• Garage

Make the House Sparkle

• Remove dirty dishes• Put away clothes and laundry• Make beds• Stow toys• Clean floors• Paint if needed• Keep fresh flowers in vases• Clean curtains, drapes and blinds

Create a Clear Path Through the House

• Arrange furniture for easier maneuvering• If necessary, put furniture in storage• Keep stairways and corridors clear• Clean out the garage

Eliminate Odors

• Remove pet and smoke ordors• Bake fresh bread or cookies• Use home fragrances and light candles

administrator [email protected] xnull