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Construction Draw Inspection
We
provide draw inspections for
residential and commercial construction
or rehabilitation projects in the Atlanta
Metro area.
A Construction Draw Inspection is a type of construction
loan monitoring service typically performed
for lenders in various stages or phases in order to assist
in determining the appropriate release of
funds. These inspections are designed
to reduce risk and give peace of
mind that construction phases and/or
equipment installation have been completed
before payments are disbursed.
Our certified inspectors provide residential
and commercial construction draw inspections
services to banks, other financial
institutions and individual project owners.
Our goal is to offer timely
and accurate reports which can reduce a
lender’s liability from potential
over-billing by general contractors and other
risks such as contractors who fail to complete a
project or goes bankrupt.
During the construction process we will
review all draw requests, meet with the
contractor or his/her representative and
visit the job site. We can also attend
progress meetings.
What Do
Reports Include?
Our
reports include the following details:
• General
project description
• Current status of the construction process
including comments on each phase of
construction
• Percentage based completion schedule,
timeline or estimate for every major
component of construction (typically 25-50
components per project)
• Quality of work, observed conditions and
any concerns
• Change orders
• An account of stored material
• Verification of permits, zoning, licenses,
taxes and insurance or bonding for the
project and contractor
• Recommendations for payment
• Digital construction site photos showing
relevant progress
Draw Inspections are usually on a
month-to-month basis or another requested
frequency and can either be on a form(s)
supplied by the lender/owner or our
preferred company form.
Why Choose Us?
Lenders
& Owners: We protect the interests
of our clients with draw inspections by
certified inspectors who are experts in the
residential and commercial construction
field.
Our inspections help prevent problems and
save you time and money. And by offering
customized draw schedules, we are ready and
able to meet the needs of your project to
include sticking to timelines, staying on
budget and ensuring quality outcomes.
Quality & Fast Turnarounds:
We offer the highest quality inspection
services for banks, financial institutions
and owners. The level of details in our
reports enables our clients to keep accurate
and up-to-date records which allows them to
respond appropriately to any issue, question
or concern about construction draws. Also,
since most projects are time sensitive,
reports are emailed within 24 hours
of an inspection.
Customized Reports: We will
collect site data and create your report
based on your requirements and
specificifications to ensure that it fits
your needs.
To get started, you may
schedule
your inspection online. To ask any questions, please
email us or call 404-692-5420.
Related Service(s):
203(k) Consulting
HUD/FHA Compliance Inspection
Structural Engineer Inspection
Mobile Home Foundation Certification
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