Property Condition Assessments
Property Condition Assessments
Merritt’s Property Condition Assessments (PCAs) are utilized by many top lending institutions in the tri-state area. Our PCA reports provide a thorough assessment of key components affecting the overall value of the property, such as:
- Structural Conditions
- Exterior Components
- Roofing Systems
- Parking Lots
- Electrical Systems
- Plumbing Systems
- Heating Systems
Our report format can be designed to meet the requirements of rating agencies, such as Fannie Mae & Freddie Mac, to include capital reserve schedules anticipating future upgrades to a property.
In addition to providing timeframes and cost estimates for immediate repairs, our staff will also make recommendations regarding work that is required to preserve and protect the facility for the future.
