Renovation Consulting & Initial Property Assessment Inspectors for Residential Housing

  • To help the borrower/homebuyer make an informed decision before purchasing the property and provide an idea of ptential rehab costs and FHA requirements
Initial Site Visit/Consultation

  • Consultant will perform a thorough examination of the property (it is not a Home Inspection)
  • Consultant will perform a Initial Property Assessment (IPA) to determine FHA required repairs, and will also input the buyer's list of requested additional repair or remodel items
  • Consultant determines the estimated cost of the Scope of Work, does not make a decision about which repairs should or should not be made
  • The Homebuyer pays a retainer fee, and the exact fee to be paid depends on the cost of the proposed repair work (the HUD stipulated fee amounts)
FHA 203(k) Lender Work Write-up

  1. Once the bid specs are complete and a cost projection is calculated by the Consultant, the specs are reviewed by the borrower for corrections, deletions, or additions
  2. The Work Write-up will include the borrower's desired grades, as well as what will be required by FHA and building code compliance
  3. The Contractor usused the Scope of Work Contractor Bid package to provide the homebuyer/borrower with a detailed bid that reflects the total cost of improvements, including labor and materials
  4. A Scope of Work document is created by the Consultant for contractor's bid specifications.  This document describes the entire project in clear, unambiguous detail so all contractors bid the same list of required repair and remodel items
  5. Consultant will also prepare the lender packages and contractor bid packages
    • Review of Contractor bid (BOR)
    • Review of architectural documents (mold, well, septic, drawings)
    • Review of lender requests
    • Review of revisions to the Specifications of Repairs (SOR) and BOR
    • Submits all required documents and completionn of detailed work write-up to the lender, contractor, and borrower

Our Commitment

We Do 4 Things 1 Way
  1. Provide Great Service
  2. At a Fair Price
  3. Accurately Performed
  4. Promptly Delivered

The 1 way: 

With Honor to Our Customers and to Their Customers