We do require a survey; several years ago, we accidentally purchased half of a house! This was an incident we certainly would have avoided if there had been a survey, so we require this small expense to protect ourselves and our borrowers from getting into a difficult situation. We do not require appraisals or inspections. Typically, a member of our team will do an internal property valuation, and we conduct our own on-site inspections. We like to meet our clients to walk the property and try to help them through the process or answer any questions they may have. There are some specific commercial or land transactions which we may require additional inspections and/or a third-party appraisal.