Lender & due diligence
Can you meet a 10-day contingency deadline?
Yes for a condition assessment: we can often inspect within one to three business days and deliver a report in 48 to 72 hours. A full ASTM E1527 Phase I ESA cannot honestly be compressed into ten days, so the usual answer is a rush condition report plus a negotiated environmental extension.
All FAQ / Lender & due diligence
What we can do in ten days
- Days 1-2 - engagement, access coordination, document request issued.
- Days 2-4 - site inspection, with a verbal summary of material findings the same day.
- Day 4 - written punch list of significant findings, enough to start contractor pricing.
- Days 5-7 - full condition report, rush turnaround.
- Days 7-10 - repair pricing and your retrade or waiver decision.
That is a real ten-day path and we run it regularly. Roof-only and single-system scopes can be even faster, with reports in 24 to 48 hours.
What does not fit in ten days
A compliant Phase I ESA. Historical research, database review, agency file requests and the environmental professional's analysis take fifteen to twenty business days, and an expedited scope still needs ten to twelve. Any consultant promising a full Phase I in four days is skipping something that matters, and a deficient Phase I gives you no All Appropriate Inquiry defense - which is the only reason you bought it.
Three ways to handle the environmental clock
- Split the contingencies. Waive the physical contingency on schedule and keep a separate environmental contingency open for another two to three weeks. Sellers accept this more often than a blanket extension.
- Start before you are hard. If you have site access rights, we can begin during the offer or PSA negotiation period.
- Order a transaction screen first, then convert to a full Phase I. It is faster and, on genuinely low-risk sites, sometimes all the lender requires. Confirm acceptance before relying on it.
How to make a rush go smoothly
Have the address, square footage, tenant roster and lender requirements ready at first contact. Ask the seller for tenant notice the day you engage us. Send documents as they arrive rather than in one batch. The rush jobs that fail are almost never failures of inspection speed; they are failures of access and paperwork.
An honest caution
A ten-day contingency on a 1970s multi-tenant building with unknown roof history is a thin diligence window. If you have leverage, buy time instead of speed. If you do not, get the condition work done fast, keep the environmental contingency alive, and price the unknowns into your offer.
Related questions
People also ask
How does inspection fit into the due diligence period?
Order the Phase I ESA on day one because it has the longest lead time, engage the condition assessment in the first week, expect reports back between day 15 and day 25, and reserve the final week for pricing repairs and negotiating. A 30-day period is workable; a 10-day period requires rush scopes.
How soon can you schedule a commercial inspection?
We can usually be on site within two to five business days of engagement across San Diego, Orange, Los Angeles, Riverside and San Bernardino Counties. Next-day and weekend inspections are available when a contingency deadline is short.
How long until I get the inspection report?
A standard commercial inspection report is delivered three to five business days after the site visit. A full ASTM E2018 Property Condition Assessment with cost tables takes five to ten business days, and rush delivery in 48 to 72 hours is available.
What is a Phase I ESA and when do I need one?
A Phase I Environmental Site Assessment is a non-invasive investigation under ASTM E1527 that identifies recognized environmental conditions through records research, historical review, site reconnaissance and interviews. You need one whenever you are buying or financing commercial property and want CERCLA landowner liability protection, and virtually every lender requires it.
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