The first step in building a new commercial property is securing a construction loan. After you’ve accomplished that and the project is underway, your builder will send draw requests for labor and materials according to the schedule you have established to ensure that the project is going to be completed on time and on budget. However, it is best practice to order draw inspections throughout the project to confirm that the progress matches the disbursement of funds. Let our team at Inspecticore come alongside you in this journey and ensure your project is going according to plan.
Reduce Risk
The simplest reason for commercial property draw inspections is to follow along with the builder so that you can ensure the loan proceeds are going into the collateral on the loan, and to identify problem loans as early as possible. This way, you will be aware if your builder falls behind or makes a mistake, and then you can work with the builder to remedy the solution. Draw inspections also protect against worst case scenarios, such as a builder building on the wrong lot or drawing funds on a project that isn’t making progress. Draw inspectors are your eyes and ears on the job site to help you avoid these expensive mistakes.
What to Expect
Draw inspectors visit the work site to evaluate current progress against what has been reported. They will:
At the end of the day, our team at Inspecticore will work with you to make sure we report on the items that matter the most to you. Partner with us to receive a comprehensive building inspection report: contact us today at (516) 524-0673 to schedule an appointment with an experienced property inspector. Our scheduling is flexible for your convenience. Inspecticore also provides home inspection services on Long Island and surrounding areas.
