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May 3, 2018

Don’t Let Property Red Flags Derail a Deal

By Jane Powell, PE

PROACTIVE DUE DILIGENCE MINIMIZES BIGGER STRUCTURAL RISKS

Transactions can be stalled, and in some cases badly derailed, by not addressing underlying structural issues on a property and leaving the liability to the next owner. In fact, it is the small issues like corrosion, deterioration and water intrusion that can ultimately lead to much more serious (and expensive) impacts to structural integrity. I recently wrote a Scotsman Guide article about what details to look for when conducting a Property Condition Assessment to avoid larger issues with smaller, more manageable repairs.

CLICK HERE to download the Scotsman Guide PDF article.

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