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What is an Auditor?
An auditor is a person appointed by a company to execute an audit by verifying inventory secured under a floorplan financing agreement. An audit involves a physical inspection of the collateral in stock at a dealership, as well as a reconciliation of any missing collateral that the dealer has not yet paid off. Also called an inspection, floorplan audit, asset verification or collateral check.
What is a field service inspector? Field Service Inspectors provide visual inspections and are the eyes and ears of an individual or company, such as financial institutions and insurance organizations. Inspection services are tailored to each client’s operating needs and business goals.
What types of inspections are there? Inspections are broken down into three major categories: mortgage or property, commercial and insurance inspections, and business verifications.
Who do field inspectors work or partner with? Field inspectors work with real estate agents, brokers, banks, credit unions, insurance professionals, and equipment leasing companies who rely on quick, accurate property verification/evaluation photography.
This includes:
*Industries include auto, agriculture, construction, manufactured housing, marine, lawn and garden, powersports, RV, and more
This type of field service inspection includes:
Property Inspectors represent banks, mortgage companies, and other financial institutions with a concern for the condition of the property as well as if the property is occupied or not.
Exterior property inspections are requested by the bank or mortgage company to determine:
This type of field service inspection includes:
This type of field service inspection allows an insurance company to determine extent of damage and/or a property's replacement cost. This is also how an insurance company assesses risk to determine the likelihood that a client will need to file a claim for damages and calculates estimated premium costs.
DISCLAIMERS
Accepted Payment Methods: Cash/Money Order, Cashapp, Venmo, PayPal, Square | Black Magnolia Notary Services & Audits LLC is not a law firm licensed to practice law in any state and may not offer legal advice nor accept fees for legal advice. Please contact a licensed law practitioner to answer your legal questions.
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