Services
For construction loan services or property condition reports, KOW Building Associates provides a narrative description of the property based on the plans, specifications, and/or site observations, as well as a customized comments and remarks section. We will gladly tailor our services and reports to meet your specific needs. We also offer consultation services on an hourly or project basis.
Our primary report services include the following:
Property Condition Reports – Includes an assessment of all observable site and building components, thus helping to determine both the current condition of all components and categorize future capital improvement estimates into immediate, short-term, and long-term estimations. At your request, this report can be written in accordance with ASTM, HUD Mark to Market, Freddie Mac, or other specific guidelines.
Review of Plans and Specifications – This report is prepared prior to the start of new construction or renovation. It includes a comprehensive review of all available plans, specifications, building department applications/permits, scopes of work, contracts, and most importantly, budget information. Our review is a thorough summary of all phases of construction. We present issues such as specification concerns, budget analysis and other potential problems or delays. Initial site visits and our technical reports are designed to help identify any issues that should be considered prior to closing.
Site Observation Report – Generally this report is prepared and updated each month, and can be altered to fit your requirements. It includes a complete site and building observation, with a focus on a monthly requisition to the lender. All of our reports focus on our client’s interest in the construction.
