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<br />SCOPE OF ANALYSIS AND REPORT <br /> <br />The Scope of the activities undertaken by the appraiser to complete this <br />report included a person inspection of the subject property and the subject <br />neighborhood. The market data utilized in this report has been derived from <br />a search of market data sources such as commercial data sources such as <br />REV AC, MLS, Harris County deed records, conversations with local brokers <br />and agents, appraisers and other sources of local information and data as <br />well as other familiar with the subject property. The value estimate in this <br />report is based on a review and analysis of the data presented and a review of <br />the three (3) approaches to value of which only the Direct Sales Approach <br />was used. The values noted in this limited scope assignment was not based <br />on a requested minimum valuation, a specific valuation, or the approval of a <br />loan. <br />