…for environmental and engineering due diligence to avoid delays and facilitate the due diligence process. Freddie Mac has very specific requirements for environmental and engineering due diligence. Freddie Mac Phase 1 Environmental Site Assessments and Engineering Assessments (also called Property Condition Reports) have to be conducted according to Freddie’s Multifamily Seller/Servicer Guide, which often goes above and beyond standard due diligence requirements.
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