We Inspect Rehabilitation Homes (203K, Fanny Mae, etc.)
We Inspect Rehabilitation Homes (203K, Fanny Mae, etc.)
We help families and investors protect their real estate investment by providing rehabilitation inspection services.
We help families and investors protect their real estate investment by providing rehabilitation inspection services.
50 Years of ExPERIENCE
Based in The Puget Sound
Fully Licensed
What is a Rehabilitation Inspection?
Rehabilitation Inspections are specific inspections performed by a certified HUD Consultant for homes purchased using a HUD or similar refinancing program and are performed in conjunction with the financing bank and builder to see the project through to completion.
How do Rehabilitation Inspections work?
The three chief components of a rehabilitation project including the feasibility analysis inspection, the work write-up package, and subsequent draw request or phase completion inspections.
1
Feasability Analysis
A Feasibility Analysis involves inspecting a property to establish any defects which will need to be remedied to meet the Minimum Property Standards required by the rehabilitation lender (HUD, HomePath, FHA 203k, etc.)
2
Work Write-Up
All parties will need a clear picture of the changes, which the systems & components of the home must undergo including their costs, scope, and timing. The Work Write-up is the reference documentation for the duration of the rehabilitation process.
3
Phase Completion
A phase completion inspection determines the percentages of completion of the various construction phases. The consultant determines the percentages of completion, and submits his findings & photo documentation to the lender for release of construction funds to the contractor.