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Reference

All findings

Twenty-nine findings, each with a verdict: monitor it, budget for it, or get it evaluated before you close. The verdict is the point. An inspection report lists everything it sees, which is correct and also unhelpful — it gives a cracked mortar joint the same visual weight as a Federal Pacific panel.

Roughly a quarter of what follows genuinely warrants a specialist before closing. The rest is a house being a house in North Texas.

FindingVerdictEraWhat it is
Master policy and insurance shortfallsBlocks financingIn the condo documentsWho insures what, and where the seam leaves an owner exposed
Short-term rentals and condotel characterBlocks financingWhen the lender reviews the projectWhat makes underwriting call a condominium a hotel
Single-entity ownership concentrationBlocks financingWhen the lender reviews the projectOne owner, too many units, and the limits that survived 2026
Too little of the budget going to reservesBlocks financingIn the budget or reserve studyThe 10 percent test, and the 15 percent that replaces it
Commercial and non-residential floor areaComplicates itWhen the lender reviews the projectThe 35 percent line, and what counts as floor area
Developer control, phasing and turnoverComplicates itIn the condo documentsWhat declarant control is, when it ends, and what turnover reveals
Investor and non-owner-occupancy ratioComplicates itWhen the lender reviews the projectThe 50 percent limit Fannie Mae retired in March 2026
No current reserve studyComplicates itIn the budget or reserve studyWhy a stale study is a different problem from a missing one
Owner delinquency ratesComplicates itIn the budget or reserve studyThe 15 percent line, and why some delinquency is normal
Pending or threatened litigationComplicates itIn the condo documentsWhich lawsuits matter, and the question the form does not ask
Special assessments, pending and pastComplicates itIn the condo documentsWhich assessments are financeable, and the one variety that is not
Underfunded reservesComplicates itIn the budget or reserve studyWhat percent funded measures, and what it does not decide
Milestone inspection findingsBlocks financingThrough a state-mandated reportWhat the report can say, what it cannot, and what a finding triggers
Concrete spalling and rebar corrosionComplicates itOn a physical inspectionWhy the damage you can see is always the smaller number
Deferred maintenanceComplicates itOn a physical inspectionWhy it accumulates, how it is found, and when it stops a loan
Elevators, sprinklers and life safetyComplicates itOn a physical inspectionThe systems where someone else sets the schedule
Envelope failure and water intrusionComplicates itOn a physical inspectionWhich wall you have decides how it fails, and where to look
Facade and balcony safety programmesComplicates itThrough a state-mandated reportWhere they apply, what they classify, and what a finding costs
Parking structure conditionComplicates itOn a physical inspectionLooking at it is a weak instrument, and here is why
Roof condition as a common elementComplicates itOn a physical inspectionAnyone quoting you a flat number for roof life is guessing
Structural Integrity Reserve StudyComplicates itThrough a state-mandated reportWhat the study covers, and why visual is the word that matters
Aging plumbing risers and stacksNot a financing issueOn a physical inspectionThe pipe is the cheap part; getting to it is not
Central and common HVAC systemsNot a financing issueOn a physical inspectionThe architecture decides who controls what
Electrical service capacity in older towersNot a financing issueOn a physical inspectionCapacity is an empirical question, not an age question
By build era

Grouped by the decade they belong to

In the condo documents

4 findings

What the declaration, minutes, budget and disclosures reveal.

On a physical inspection

9 findings

What someone looking at the building can actually see.

When the lender reviews the project

4 findings

What agency project review tests for.

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