Common use of Valuations and inspections Clause in Contracts

Valuations and inspections. We may arrange a valuation of the security property prior to any progressive advance. We may charge you a valuation fee which we may deduct from the progressive advance. You must make up the rest of the payment that is due to the builder. Also, we may arrange to inspect the construction at any time. We may charge you an inspection fee. You can ask your mortgage manager for the details of the most current fees on your loan. Any valuation or inspection we arrange is for our purposes. We are not responsible for the standard, value, progress, or condition of the construction or the security property.

Valuations and inspections. We may arrange a valuation of the security property prior to any progressive advance. We may charge you a valuation fee which we may deduct from the progressive advance. You must make up the rest of the payment that is due to the builder. Also, we may arrange to inspect the construction at any time. We may charge you an inspection fee. You can ask your mortgage manager Advantedge for the details of the most current fees on your loan. Any valuation or inspection we arrange is for our purposes. We are not responsible for the standard, value, progress, or condition of the construction or the security property.

Valuations and inspections. We may arrange a valuation of the security property prior to any progressive advance. We may may, acting reasonably, charge you a valuation fee which we may deduct from the progressive advance. You must make up the rest of the payment that is due to the builder. Also, we may may, acting reasonably arrange to inspect the construction at any time. We may may, acting reasonably, charge you an inspection fee. You can ask your mortgage manager Advantedge for the details of the most current fees on your loan. Any valuation or inspection we arrange is for our purposes. We are not responsible for the standard, value, progress, or condition of the construction or the security property.