I understand that, regardless of the amount I am requesting for my draw, ultimately the amount of my draw release is at the sole discretion of the inspector and is based on the work completed as shown in my rehab budget.
I understand that if the access instructions I have provided for the inspector are inaccurate and the inspector is unable to access the property (incorrect lockbox, missing lockbox, key missing, etc) I may be charged a $50 trip fee and will not receive a draw payment.
I understand that if this form is submitted after Midnight EST on a Sunday my inspection will not take place until the following week that my request was submitted.
I understand that if I am submitting this draw request before Midnight EST on a Sunday, the inspection will take place between Monday and Thursday and my draw payment will be initiated via ACH on Friday.
Example draw schedule:
If you request your draw on 3pm, Friday, December 5th, your draw check will be available after 3pm on Friday, December 12th.
If you request your draw on 8am on Monday, December 8th, your inspection will take place the week of December 15th, and your draw payment will be initiated on Friday, December 19th.