Pre-Purchase Review Report

Informed Decisions Before You Buy: A Pre-Purchase Review Report, also known as a Due Diligence Review, is a vital step for any buyer considering the purchase of an existing building. This high-level evaluation offers a snapshot of the building’s condition, helping you understand what you’re buying—before the deal is done. Similar in nature to a Transition Report, it focuses on identifying potential issues across critical building systems and estimating costs associated with future repairs or replacements.

Why It’s Important

Buying a building is a major investment. Without a clear understanding of its current condition, you could be taking on unexpected liabilities—from deferred maintenance to structural deficiencies. A Pre-Purchase Review Report helps mitigate that risk by identifying red flags early and offering real-world cost insights. With this information in hand, buyers can make smarter investment decisions, negotiate effectively, and plan for long-term building stewardship.

How We Work

Our Pre-Purchase Review process is a collaborative and multi-disciplinary effort, typically involving:

Document Review

We analyze available construction drawings, maintenance logs, past repair records, and inspection reports to build context for the current condition of the property.

Stakeholder Interviews

Our team meets with building management and maintenance personnel to gather firsthand information about performance issues, recurring problems, and recent upgrades.

On-Site Walkthrough

A visual inspection of key building components—including roof systems, structure, mechanical/electrical systems, vertical transportation, and exterior envelope—is conducted to evaluate physical condition and functionality.

Report Development

The final report includes a narrative description of each observed component, supporting photographs, an analysis of potential concerns, and estimated costs for repair or replacement.

Key Features

  • High-level review of major building systems and components
  • Input from architects, structural engineers, MEP/FP specialists, and elevator consultants
  • On-site inspection with visual documentation
  • Preliminary repair/replacement cost estimates
  • Clear, buyer-focused summary of existing conditions

 
 

Collaboration & Expertise

K&H brings together a team of licensed professionals—including architects, engineers, and specialty consultants—to deliver a comprehensive and balanced assessment. By integrating input from property staff and design experts, we develop a well-rounded picture of the building’s strengths and concerns, tailored specifically for potential buyers.

Confidence at Closing

A Pre-Purchase Review Report gives buyers the clarity they need to move forward—or walk away—with confidence. It’s not just about identifying problems, but about understanding the scope of investment required to maintain, repair, or improve the building over time.

 

Know Before You Buy

Thinking about purchasing a building? Contact K&H to schedule a Pre-Purchase Review and get the insight you need to make an informed investment.

Contact

Thomas Flynn

Associate Principal

Caitlin Maggiano

Associate Principal, Manager

Phillip Miller

Associate V

Mike Naponelli

Associate Principal

Interested in learning more about Pre-Purchase Reviews with Klein & Hoffman?