Master Specs performs Property Condition and Building Assessments for lenders and real estate investors. Master Specs LLC also performs Energy Audits in conjunction with Property Condition Assessments in order to identify how energy efficient a building is, and how to increase its efficiency and reduce consumption costs. There is a separate fee for Energy Audits.
Lenders, insurance lenders, and some portfolio lenders routinely order Property Condition Assessments (PCA), also known as Property Condition Reports (PCR) or Commercial Building Inspections. Master Specs LLC prepares PCAs to meet the requirements of rating agencies such as standard and poor's, as well as to the scope of work defined by ASTM E2018.
Master Specs LLC, PCA report discusses all major building systems and site improvements and includes a Replacement Reserve Table and an Immediate Repairs Table. The Immediate Repairs Table indentifies Capital Needs and prices all failing or damaged building systems and life safety issues.
Real Estate Investors are interested in insuring that their investment is a protected one, with no surprises. Master Specs LLC tailors our investigations to the asset and the investor's concerns. Master Specs LLC can perform extremely thorough building evaluations where all major systems are tested and evaluated.
While more thorough evaluations are generally more expensive, Master Specs LLC often saves our clients money well in excess of our fee by identifying major building deficiencies prior to our client taking ownership.
While our assessors are very knowledgeable, our assessments can be enhanced by our network of specialists. Master Specs LLC maintains relationships with expert specialists in every building system. The specialist reports can then be folded into our Property Condition Assessment Report.