lender services
THE ISBS GROUP has the necessary hands on expertise to provide high quality lender over-site services. These services, specifically tailored to meet the needs of the construction lender include the following
Nationwide coverage
HUD/FHA compliance inspections
Expanded property condition inspections

THE ISBS GROUP also offers complete project accounting services which include payment voucher review, check preparation, invoice analysis contract, and/or change order analysis.

A MORE DETAILED DESCRIPTION OF THESE SERVICES ARE AS FOLLOWS:

1 ) As Built Property Condition Report

In order to protect the Lender and to ensure that there are no construction related issues that would pose a risk for the future development of the project, specific services are provided that conform to the internal underwriting procedures and policies currently in use by a construction lender.

2 ) Project Analysis Services

THE ISBS GROUP can provide an upfront project analysis report. This report comes in two versions, a summary report and a more detailed line item breakdown version. The summary report provides a capsulized look at the costs and schedule. The detailed report addresses the complete project cost, schedule, technical Disbursement Online Control System umentation and all city provided information

3 ) Project Analysis Report (Summary Version)

This report provides a conceptual overview of the direct construction budget providing the lender officer and/or administrator with a concise analysis of the project's direct costs.
Specific tasks include the following:
• Onsite building and site work cost breakdown
• Geotechnical and environmental overview

4 ) Project Analysis Report (Detailed Version)

The Complete report provides a thorough investigation of all related construction and property Disbursement Online Control System umentation. This report is critical for higher valuations and unknown property history.

• Direct cost estimate of the onsite building and site work allocation
• Indirect cost estimate of fees/permits and regulatory costs
• Review of the geotechnical report
• Review of all construction agreements and consultant contracts
• Review of city reports and letters (i.e. planning resolution minutes, etc)
• Title Report Review
• Environmental Pre Phase One Report
• Property Profile Report
• Summary and Recommendation Section

5 ) Construction Site Inspections

THE ISBS GROUP provides comprehensive construction inspection reports. THE ISBS GROUP 's reports addesses both new and existing buildings. Our reports are comprehensive yet concise.

 

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