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NEWS AND PR LIST › EVENTS › MEDIA RELATIONS ›                   NEWS AND PR - Keeping Current with Events BACK TO MAIN NEWS AND PR LIST For more information contact: Angie Tavarez JVI Appraisal Division, LLC 951 Market Promenade Avenue Suite 2101 Lake Mary, FL 32746 Phone: (407) 531-5333 atavarez@jvireo.com FOR IMMEDIATE RELEASE JVI Awarded Government Contract Lake Mary, FL (March 25, 2008) — JVI Appraisal Division, LLC, a nationwide leading expert in providing origination appraisals and valuations of foreclosed properties, announced today that they have been awarded a contract with the U.S. General Services Administration (GSA) to perform appraisal services for the government. Based on a rigorous vendor qualification process, this award enables U.S. government agencies to purchase JVI appraisal services at very competitive, pre-negotiated rates. The GSA contract assures government users that they will be receiving the highest quality services at the lowest possible price. “ Obtaining a GSA Schedule contract is a significant milestone for our company,” said Ron L. Nation, president and founder of JVI. “We are pleased to provide our appraisal services to federal, state and local government agencies and assist them in obtaining accurate valuations for properties in today’s rapidly changing marketplace. JVI has performed over 300,000 REO appraisals for HUD and over 700,000 appraisals to date. We understand the complexity of appraising with results that produce true values that allow for quick marketing of the asset.” GSA provides a centralized delivery system of products and services to the federal government, leveraging its enormous buying power to get the best value for tax payers and federal customers. For more information about the JVI services available for purchase to government agencies, visit the GSAAdvantage home page at http://www.gsaadvantage.gov and enter the JVI contract number GS-23F-0039V. Founded in 1991, JVI provides valuations nationwide for government and private sector clients, including the award of local government contracts for the HUD Neighborhood Stabilization Program. As an original Management and Marketing contractor for HUD foreclosed residential assets (1999-2005), JVI is fully versed in providing origination appraisals and valuations of foreclosed (REO – Real Estate Owned) properties consistent with the Uniform Standards of Professional Appraisal Practice (USPAP) and federal appraisal requirements (49 CFR 24.103). For more information, contact Angie Tavarez or call 1.407.531.5333. BACK TO MAIN NEWS AND PR LIST About JVI JVI Appraisal Division, LLC is a full-service valuation company with a host of traditional and non-traditional appraisal products. JVI’s purpose is to assist in solving the challenges of non-performing assets facing the lending industry today. For nearly two decades, JVI has specialized in the valuation of REO properties and large volume projects. JVI is an appraiser-owned and operated company founded in 1991 by Ron L. Nation, MAI, SRA and Chief Appraiser Herb Jourdan, MAI, SRA. With over 65 years combined experience in the valuation industry, JVI specializes in REO valuations and HUD contracts, as well as re-fi and origination. The JVI extensive experience with distressed asset and portfolio evaluations provide efficient client solutions in order to effectively manage their entire portfolio of assets. www.jvireo.com

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