We believe lenders can benefit greatly from these studies. The dynamics of the current economy dictate care in lending. Even skilled and seasoned lenders benefit from in depth analysis and a plan. Lenders can more effectively evaluate the asset that will become the collateral. We feel so strongly about this that we think our studies should become a loan contingency.
Insurance underwriters can contract for selected services to determine condition related to insurability. These can include quality of maintenance, presence of grills on decks, walkway condition, parking and entrance security and lighting, among other elements.