Portfolio Inspections
Our comprehensive Portfolio Inspection Program provides you with the detailed insights you need to make informed lending decisions, mitigate risks, and optimize the performance of your lending portfolio. Our evaluation focuses on these key areas:
Property Condition.
As vacancies rise, property maintenance tends to decline, posing risks to your collateral.
Our reports provide a comprehensive overview of each property's physical condition, highlighting any existing issues, deferred maintenance, or potential maintenance requirements:
Signs of neglect, needed repairs, or deferred maintenance
Observable damage, leaks, or roof deterioration
Obvious wall cracks, water stains, or structural issues
Building security: broken windows, damage, and security concerns
Landscape maintenance: such as manicured lawns vs overgrown weeds, problematic trees, illegal dumping, and any other discovered concerns.
Occupancy Evaluation.
In the remote work era, accurately assessing tenant occupancy is crucial for lenders. The Portfolio Inspection Report enables informed lending decisions by giving you valuable insights into the actual occupancy status of each collateral property:
Identify if the property is vacant, partially occupied, or fully occupied.
Tenant Identification: Identify any occupants or subtenants.
Note concerns like unauthorized occupation or transient encampments, and associated maintenance needs.
Property Security: Assess security measures for safeguarding vacant buildings.
Fire Hazards: Evaluate fire risk in vacant buildings.
Neighborhood Surroundings.
The report includes evaluating the neighborhood surroundings of each collateral property to provide you with a holistic understanding of its immediate environment:
Occupancy Status of Adjacent Properties:
Identify the occupancy status of neighboring properties, including whether they are fully occupied, partially occupied, or unoccupied.
Surrounding Property Vibrancy:
Evaluate the vibrancy of the surrounding properties, looking for signs of activity, thriving businesses, and a positive community atmosphere.
Adjacent Property Conditions:
Assess the general condition and maintenance of neighboring properties to determine if they are well-maintained or neglected.
Construction Loan Inspections
Designed to keep your projects and disbursements moving forward efficiently. With prompt and thorough inspections, we help ensure timely and accurate disbursements, allowing for seamless progress and effective construction loan administration.
Customer Service is Job #1.
We are dedicated to providing exceptional customer service with a focus on transparency and efficiency. We believe in keeping you fully informed throughout the inspection process, ensuring that you have a clear understanding of every step. From scheduling the inspection with the General Contractor to the expected delivery of the final report, we will keep the lender informed at every stage. Our responsive team is committed to addressing your questions and concerns promptly, ensuring a smooth and transparent experience.
We take pride in being one of the fastest construction loan inspection companies in the industry. With our streamlined processes and dedicated team, we deliver our comprehensive reports to the lender within 48 hours from the date of inspection. Our commitment to efficiency allows you to make timely lending decisions and keep your projects on track.
Simple for you.
Detailed Reports for your files.
At The Project Services, LLC, we pride ourselves on keeping your experience smooth and simple, while delivering comprehensive and detailed construction progress reports for your files. Our detailed, professional reports go beyond the basics, capturing the actual percentage of completion compared to the draw request, accompanied by high-quality photos that showcase the work completed and drawn for, as well as copies of the permit card. As part of our commitment to transparency, we even include a link to the video recording of our inspection for your records.
Unmatched Expertise.
Our team of inspectors brings unparalleled expertise to every construction loan inspection, each of whom have a minimum of 10 years of extensive construction experience. With deep industry knowledge and hands-on expertise, our inspectors possess a keen eye for detail, enabling accurate assessments of construction projects' progress and quality. Our understanding of construction methodologies, materials, and techniques ensures thorough and reliable inspection reports. The proficiency of our inspectors, rooted in their unmatched expertise, empowers us to provide comprehensive and insightful evaluations that contribute to informed decision-making.
