
There are many benefits for your Association by performing a balcony inspection under SB-326, Civil Code 5551. In this post I’ll list a few of the most important benefits.
1.) Our SB-326 reports can help you in showing that your Association is Fannie Mae compliant which assure banks they aren’t making risky loans where deferred maintenance is a problem. Fannie Mae is looking at halting funding on high risk buildings with significant deferred maintenance.
2.) Our reports are preferred by Reserve Study companies as they contain detailed information on the decks and contiguous building materials condition. This allows your reserve study provider to be far more accurate in predicting remaining useable life and replacement costs. We are recommended regularly by Reserve Advisors Inc and other well known reserve study companies.
3.) Your insurance carrier is going to be happier knowing that your Associations decks, balconies, stairs and walkways are safe, waterproof and performing as expected. We’re seeing carriers doing their own inspections, and sometimes refusing to write a policy or the new premium is significantly higher because of increased risk. Our report can help you assure your carrier that the EEE’s are structurally sound.
4.) Your residents will be happier knowing that their balconies are safe and ready for enjoying.
When it comes to selecting a company that performs SB-326 balcony inspections under Civil Code 5551, there are a lot of choices. I hope that you’ll consider William Leys Waterproofing Consultants, as your SB-326 balcony inspection experts to perform your inspection. You can start by giving me a call at 805-801-2380 and asking me to do a free no obligation EEE evaluation of your HOA. (EEE stands for Exterior Elevated Elements. ) Or fill in the contact box to the left and fill in your info and hit send.
With William Leys Waterproofing Consultants LLC as your balcony inspection expert, you’ll be in good hands, I promise. I have 20 years experience as a contractor, inspector and technical rep in the waterproofing industry. My structural engineer has 20+ years experience performing inspections and designing structural elements on multi-family housing. Together we make the best team working for your Association.
.