InspectionNews - Home Inspection - View Single Post

Scott Patterson · #7 (**permalink**) 06-21-2009, 10:13 AM

Quote:

Originally Posted by Patrick Pisani

Hi, Im a relatively new inspector and just wanted to know if anyone is doing construction loan draw inspections for the banks,and if so what is the going fees. Any help would be greatly appreciated.
Thanks for all the good info. in the past year.I've picked up a lot from the site.
Thanks Again
Pat

Yes, draw inspection can be a good source of additional income. You just have to be smart when you do them. I have seen a dramatic decrease in draw inspections over the past 6 months. The ones I'm doing now are for mostly high end custom homes. When builders are not building the draw inspections decrease. Most residental draws pay around $50 to $75 sometimes higher depending on the property. Remember that the cost of the draw is passed onto the borrower.