2025 is on the horizon, and with it is a thriving PML market, with a lot of pent-up demand from people who have been waiting for interest rates to fall and who are looking for the best return. If you are looking to get a HUD loan application approved in seismic zones 3 or 4, you’ll need to obtain seismic assessments from licensed engineers. Such PML studies necessitate high levels of expertise in order to ensure that HUD standards are met, in order to avoid loan application rejections.
VIE has performed seismic assessment reports and probable maximum loss studies for hundreds of buildings throughout the United States, many HUD properties included. Here is what you need to know about what working with us for your probable maximum loss studies for your HUD properties can offer you.
Reasons To Use VIE For PML / HUD Studies
#1. The Work You Need
VIE does work both as a subconsultant for larger companies and for property owners directly. If your company regularly represents buyers and sellers or owners of property and your company does multidisciplinary reports, VIE will do a great job for you. VIE also works directly for property owners or entities acquiring properties.
People may go through big companies to provide everything they need when acquiring a property. VIE provides seismic services, and provides this service as a subcontractor for large companies, in addition to working directly with entities acquiring properties themselves.
#2. Extensive Experience
VIE has done thousands of PML studies in every earthquake-prone region in the United States in all types of properties, such as warehouses, shopping facilities, government structures, and so much more. We know what we are doing and bring that experience to you. We’ve done extensive work for HUD properties across multiple states and are familiar with the unique needs these properties face.
#3. Quick, Accurate, And Detailed Work
VIE brings practical experience to all of the seismic engineering work that we do. Our engineers get directly to the condition or earthquake resilience of the building very quickly because of how we have done so many facilities. VIE knows what the building is in 10 minutes, thanks to expansive experience, and can evaluate its risks and needs quickly.
We do our work thoroughly too, with drawings and site reports. Our site reviews are typically very detailed, involving thorough building reviews. Our building reviews include measures such as getting into areas such as crawl spaces in order to clearly see what the structure is, looking into MEP systems, and more, in order to ensure we understand all of the details for the most accurate report.
#4. Realistic Estimates
When you work with VIE for your seismic assessments for HUD properties, you can rest assured that our engineers make PML estimates realistic, not overly conservative and not under conservative either. We do thorough assessments that are very cost effective. What we achieve is very high quality for a very reasonable price.
Seismic Engineering Services In The United States
VIE is equipped with decades of seismic engineering experience. We utilize knowledge from past natural hazards, implementing hands-on experience, in order to achieve the desired response in seismic performance. When you work with VIE, you’re working with committed experts who deliver the custom process each client needs that prepare you for services you may grow to need. We are proud to be an engineering firm that clients return to, time and time again.
To learn more about our seismic engineering services and what we can do for you, please don’t hesitate to contact us today. We are here to help you with all your seismic engineering needs.
