Results 1 to 14 of 14
  1. #1
    Ed Trecko's Avatar
    Ed Trecko Guest

    Cool FHA Fee Inspection for new construction

    I was contacted by a builder to do an FHA Inspection (initial, intermediate and final) at a new construction site. He is going to build 55 condos on the lot. He is going to pour foundation in two weeks. What price should be given? I gave a $125 per unit charge and he flipped out! Anyone know how to deal with this? What is a fair price for this type of inspection?

    Similar Threads:
    F.I.R.E. Services

  2. #2
    Join Date
    Mar 2007
    Location
    Spring Hill (Nashville), TN
    Posts
    5,847

    Default Re: FHA Fee Inspection for new construction

    Quote Originally Posted by Ed Trecko View Post
    I was contacted by a builder to do an FHA Inspection (initial, intermediate and final) at a new construction site. He is going to build 55 condos on the lot. He is going to pour foundation in two weeks. What price should be given? I gave a $125 per unit charge and he flipped out! Anyone know how to deal with this? What is a fair price for this type of inspection?
    Are you listed as a fee paid inspector on the HUD/FHA site? If not, your inspections will not satisfy the HUD/FHA requirement.

    Scott Patterson, ACI
    Spring Hill, TN
    www.traceinspections.com

  3. #3
    Ed Trecko's Avatar
    Ed Trecko Guest

    Talking Re: FHA Fee Inspection for new construction

    Yes, registered as a Fee Inspector, just changed my name on this forum.


  4. #4
    Join Date
    Mar 2007
    Location
    Spring Hill (Nashville), TN
    Posts
    5,847

    Default Re: FHA Fee Inspection for new construction

    Quote Originally Posted by Ed Trecko View Post
    Yes, registered as a Fee Inspector, just changed my name on this forum.
    And why would you do that?

    Scott Patterson, ACI
    Spring Hill, TN
    www.traceinspections.com

  5. #5
    Join Date
    Mar 2007
    Location
    Ormond Beach, Florida
    Posts
    26,248

    Default Re: FHA Fee Inspection for new construction

    Quote Originally Posted by Ed Trecko View Post
    Yes, registered as a Fee Inspector, just changed my name on this forum.
    Quote Originally Posted by Scott Patterson View Post
    And why would you do that?
    I agree with Scott ... why would you change your name for this forum?

    The only reason I can think of is because you have some reason to hide your real identity, in which case, we dis-like associating with criminals.

    Oh, wait, federal witness protection?

    Mr. Ed-Trecko-not-your-real-name-whatever-your-real-name-is ... click on the 'Contact Us' link at the bottom of this page and ask Brian to reset your username to your real name. Helps us get to know each other better.

    Jerry Peck, Construction / Litigation Consultant
    Construction Litigation Consultants, LLC ( www.ConstructionLitigationConsultants.com )
    www.AskCodeMan.com

  6. #6

    Default Re: FHA Fee Inspection for new construction

    Quote Originally Posted by Ed Trecko View Post
    I was contacted by a builder to do an FHA Inspection (initial, intermediate and final) at a new construction site. He is going to build 55 condos on the lot. He is going to pour foundation in two weeks. What price should be given? I gave a $125 per unit charge and he flipped out! Anyone know how to deal with this? What is a fair price for this type of inspection?
    Ed,
    I get $75 for a final only and they are glad to pay it. They only take about 15 minutes to do so it's gravy. There are not many of us around, they should be happy they found someone to do them. IMHO $125 per unit is low if that is for all the inspections, ground, top out, and final. That's a lot of visits and time for 55 units. You know they will not all be ready to inspect at one go. You will be going back and back and back again just to get through one phase. And that's assuming they pass. I doubt they will. Corrections cost more. Re-inspects cost more. Get that all in writing. Just like in building, "no additional work without a signed change order".

    Tell them "good luck finding someone else" and see how they act.
    If they do find someone else, let them go out of business trying to do them for that price or go break their legs so they can't do them.
    Dana

    True Professionals, Inc. Property Consultant
    877-466-8504

  7. #7
    Nolan Kienitz's Avatar
    Nolan Kienitz Guest

    Default Re: FHA Fee Inspection for new construction

    My FHA Final fee is between $350 & $400 ... depending upon mileage.

    Been at that rate for the past 2-years.

    Currently have 6 FHA Finals scheduled for this month, 4 more booked for April and will likely add 3-4 more yet this month.

    Have already completed 3 for this month.

    Kind of varies with quantity, but not bad work.


  8. #8
    Join Date
    Mar 2007
    Location
    Anacortes, Washington
    Posts
    395

    Default Re: FHA Fee Inspection for new construction

    When I signed up on 2002 I seem to recall that $125 was the standard for fee inspections. SOP was that you could tack on travel expense. In 2009, the banks don't seem to mind $250 so that what we charge unless its more than 40 miles then we add travel expenses.

    //Rick

    Rick Bunzel
    WWW.PacCrestInspections.com
    360-588-6956

  9. #9
    Join Date
    Mar 2007
    Location
    Spring Hill (Nashville), TN
    Posts
    5,847

    Default Re: FHA Fee Inspection for new construction

    One of my problems is that they are not building any homes within 30 mile of me that fit the FHA price.

    $275 to $350 is the going price in my area.

    Scott Patterson, ACI
    Spring Hill, TN
    www.traceinspections.com

  10. #10
    Join Date
    Dec 2007
    Location
    Holladay, UT
    Posts
    565

    Default Re: FHA Fee Inspection for new construction

    Scott, How do you get listed as a fee paid inspector on HUD/FHA site? I've looked into HUD training etc. but it didn't seem worth it. What are the requirements to get listed?

    Tom Rees / A Closer Look Home Inspection / Salt Lake City, Utah

  11. #11
    Join Date
    Mar 2007
    Location
    Spring Hill (Nashville), TN
    Posts
    5,847

    Default Re: FHA Fee Inspection for new construction

    Quote Originally Posted by Tom Rees View Post
    Scott, How do you get listed as a fee paid inspector on HUD/FHA site? I've looked into HUD training etc. but it didn't seem worth it. What are the requirements to get listed?
    Go to this site HUD FHA Inspectors & 203(k) Consultants

    Fill out the application and send it in. The requirements are listed on the application.

    Scott Patterson, ACI
    Spring Hill, TN
    www.traceinspections.com

  12. #12
    Join Date
    Dec 2007
    Location
    Holladay, UT
    Posts
    565

    Default Re: FHA Fee Inspection for new construction

    Thanks Scott.

    Tom Rees / A Closer Look Home Inspection / Salt Lake City, Utah

  13. #13
    Nick J. Alati's Avatar
    Nick J. Alati Guest

    Default Re: FHA Fee Inspection for new construction

    FHA Fee Inspection - Anyone know what the going rate is in Arizona, I'm charging $125. I don't want to be the cheapest guy in town!


  14. #14

    Default Re: FHA Fee Inspection for new construction

    [quote=Dana Bostick;75785]Ed,
    I get $75 for a final only and they are glad to pay it. They only take about 15 minutes to do so it's gravy. There are not many of us around, they should be happy they found someone to do them.

    UPDATE:
    I'm now charging KB Homes $150 per final since they screwed with my money too long. LOL Suck it up Baby!

    True Professionals, Inc. Property Consultant
    877-466-8504

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •