Drive-by inspection

Drive-by inspection is a quick assessment of a property. Drive-by inspection, or quick property assessment of properties are performed to assess a real estate property, such as of by field investigators for out-of-town landlords of rental property. Drive-by inspection services are primarily used by financial institutions in the case of foreclosure and require foreclosure property preservation and bank foreclosure inspection services and specialists.

Foreclosure

Drive-by inspection process includes:

• Property assessment, upgrades and improvements – the property is inspected by a professional which inspects based upon a report verifying that all given financial funds and resources where utilized solely for home improvement.
• Investigation and verification – is done to confirmed the property address, determine neighborhood condition and value of properties, and capture a photographic record of property interior and exterior.
• Legalization
• Implementation of methods and procedures are enforced by:
  • Fair Debt Collection Practices Act
  • Fair Credit Reporting Act
  • Health Insurance Portability and Accountability Act

References

1. Vehicle inspection in the United States
2. Vehicle inspection
3. Automated optical inspection
4. Vehicle inspection in Australia
5. Foreclosure
6. GAZ Sobol
7. Deep packet inspection
8. Drive Your Plow Over the Bones of the Dead
9. List of screw drives
10. Eddy-current testing
11. Pre-purchase inspection
12. Proton AG
13. Top drive
14. DriveTime
15. Honda Civic (ninth generation)
16. Ford-Utilimaster FFV
17. Pipilika
18. Continental Mark II
19. Resco
20. Riverside Drive (Manhattan)