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.