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Not only will you conduct an extensive lot inspection before construction starts, but you may also need to visit the property during construction—to assess progress and detail when work is complete. You will also need to conduct a finalinspection. Inspection during construction. Finalinspection.
On April 12, 2023, McKissock Learning will host a FREE one-hour, non-credit Pro-Series webinar titled “Virtual Inspections with RemoteVal.” Plus, check out the FAQs below to learn some basic info about virtual property inspections with RemoteVal in advance of the webinar. Register now. What is RemoteVal?
As a turnkey web-based software for appraisers, appraisers utilize the tool on a pay-per-use basis, setting their own fees and controlling the inspection without the need to rely on 3 rd party data. It enables them to visually observe, remotely photograph, and remotely scan a property to generate a floor plan.
” “There is a lot of research and number crunching to do, so asking for a value at time of inspection is a no go.” ” “City codes and guidelines so finalinspections are not necessary. These are typical items for re-inspections.” ” “The definition of market value.”
My advice: Always check what plan and updates were actually built when doing finalinspection. I always asked to see the final sales document data. To read the article and more liability articles, plus 2+ years of previous issues, subscribe to the paid Appraisal Today at www.appraisaltoday.com/order.
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