Property Condition Assessments and Reports in Northwest Indiana and Southwest Michigan

Certified offers the following services for banks, credit unions, lenders and real estate investors in the northwest Indiana and Southwest Michigan areas.

  • Commercial Property Evaluations
  • Walk-Thru Surveys
  • Property Condition Assessments (PCA’s)
  • Property Condition Reports (PCR’s)

During the PCA, Certified’s licensed and insured E&O)commercial building inspectors assess and evaluate the entire property to fully understand the present condition.

A Property Condition Report (PCR) is then assembled, focussing on each individual building system and its condition on the day of the walk-thru/survey.

Immediate Repair Table and Replacement Reserve Table

The most valuable and informative sections of the Property Condition Assessment and Report are the Immediate Repairs Table and the Replacement Reserve Table. These tables within the report ensure the client will fully understand the condition of the building/property and how it affects the asset’s financial performance by reporting immediate and long-term repair expenses.

Above and beyond the Property Condition Assessment standard

Certified prepares PCAs to exceed the requirements and standards of rating agencies to the scope of work described by the ASTM E2018 Standard Guide for Property Condition Assessments and the Baseline Property Condition Assessment Process.=

Property Condition Assessment Checklist Includes

Field investigation/Research

  • Site/Property/Building Assessment
  • Interviews
  • City Building Inspector/Department

Building/ Mechanical Systems Evaluated

  • HVAC Systems
  • Elevators
  • Plumbing
  • Data and Telephone
  • Boilers
  • Electrical
  • Fire Suppression Systems
  • Building Evaluation
  • Foundation
  • Structure
  • Roofing Systems
  • Interior Finishes
  • Exterior Facade/Building Envelope/li>

Site Improvements Evaluated

  • Parking Lot, Walks/Accesses
  • Lot Drainage
  • Marquis/Signage
  • Exterior Lighting
  • ADA Access

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