Pre-Close Due Diligence
Gain the insights you need to make informed lending decisions and protect your investments before breaking ground.
Project Feasibility Reports
Construction projects inherently carry risks. Land Gorilla’s Project Feasibility Reports are designed to help you mitigate these risks and make informed lending decisions. We provide a detailed analysis of residential construction projects, ensuring sufficient funds, accurate budgeting, and proper permits are in place before you break ground
Identify Key Risks
Uncover potential cost overruns, permit issues, and contractual inconsistencies.
Ensure Completion
Confirm that the project can be realistically completed within the proposed budget and timeline.
Structure Better Loans
Gain the insights needed to create loan terms that protect both the lender and the borrower.
Increase Efficiency
Streamline your underwriting process and reduce the time it takes to approve loans.
Land Gorilla Project Feasibility Reports provide a comprehensive analysis of every aspect of a construction project, giving you the confidence you need to make sound lending decisions.
Project Feasibility Report includes:
Detailed Budget Review
Missing categories are identified, cost acceptability is assessed, and pre-paid expenses are reviewed.
Plan & Specification Analysis
Plans and specifications are examined for potential exclusions, omissions, and variances.
Contract Review
Construction contracts are audited for critical requirements, exclusions, and omissions.
Permit Verification
The availability and status of all necessary permits are verified.
Variance Analysis
The borrower’s budget is compared with our analysis to identify potential discrepancies and recommend contingencies.
Contractor Vetting
Don’t let unqualified or unreliable contractors derail your projects. 80% of construction loans that exceed the term are due to contractor disputes and performance. Delays and disputes caused by such contractors can significantly impact your bottom line.
Land Gorilla’s Contractor Acceptance Reports offer a rigorous vetting process, providing the insights you need to make informed decisions and mitigate risk before you break ground.
- Reduce project delays and cost overruns
- Avoid disputes and litigation
- Protect your reputation and financial interests
- Build stronger relationships with reliable contractors
- Gain peace of mind knowing your projects are in good hands.
The Contractor Acceptance Report includes
Comprehensive Background Checks
Thorough background checks, including criminal history, liens, judgments, and bankruptcy information, ensure contractors have a clean track record.
License and Insurance Verification
State and local licenses are verified, and insurance policies are reviewed to confirm adequate coverage, protecting you from potential liabilities.
Reputation Analysis
Reputational analysis includes verification of good standing with the Secretary of State, OFAC checks, and online reputation reviews to identify any red flags.
