Free Record Search with Risk Assessment – Nationwide
Free Record Search with Risk Assessment? Really?
Yes. Please allow me to explain.
Not long ago, we sent an Environmental Risk Survey to lenders and Community Development Companies (CDCs) nationally.
Two items in the survey sparked great interest:
1) Desktop environmental screening sometimes reveals elevated environmental risk, triggering the much more costly and time consuming Phase I Environmental Site Assessment (ESA).
About 90% responded thus:
“It would be nice if we could avoid this extra step up front. We’re always looking for ways to speed our deals up and have them cost less.”
and……
2) If the fee were waived for desktop environmental screens which found an “elevated risk” and then subsequently recommended a Phase I ESA (AKA “Clean or Free Guarantee”), it would be advantageous for our organization and our clients.
100% of respondents said:
“Yes. Eliminating this “double dip” would save time and money.”
While suspected this would be the case, we were really surprised that the survey supported this so strongly.
The result? We’ve introduced a brand new concept in the environmental risk industry. Here’s our exclusive”Clean or Free” RSRA EZ-Screen guarantee, in under 40 seconds:
This revolutionary approach to environmental risk management for real estate collateral has many fundamental and unique advantages:
“Clean or Free” means that EZ-Screen quickly clears the property as low environmental risk, or there is no charge.
That’s right. Your fee will be waived or refunded. No more fear of being “double dipped” for additional investigations………Ever.
If a Phase I is recommended because of an elevated risk finding, you can use any local firm of your choosing to do the work. The EZ Screen fee waiver is NOT tied to a Phase I upsell. The conflict of interest is completely eliminated by this business model.
Lenders love this program, because:
it’s fast and inexpensive enough to serve as a first level “cut” for every deal, as part of a tiered environmental risk screening approach.
This relieves the lender from the burden determining of which level of environmental reporting makes the most sense.
It paints the lender in a good light with the borrower.
It frees the lender up to work on other aspects of the deal where they are more effective.
If a legitimate concern is discovered, sometimes that concern can be investigated on it’s own merit (e.g.: Phase II sampling), potentially saving weeks, not to mention thousands in Phase I fees.
We don’t outsource or refer to a “network of partner firms” eager to profit from the upsell.
In this way, you – and your clients – can rest assured that we always have your best interest in mind.
Not only does the “Clean or Free” program eliminate all conflicts of interest, it also gives us a built in incentive to work hard to investigate potential environmental concerns and determine whether they truly and elevated threat to the property or not.
In cases where other companies might see a potential problem and simply kick it up to a Phase I, we’re going to put in that extra effort now, instead. Your deal will always reap the benefits.
We provide personalized, in-house expertise on every project. We never subcontract or “partner” with other firms. We start your project, and we finish it.
EZ Screen meets or exceeds the US Small Business Administration’s requirements for the Records Search with Risk Assessment (RSRA), but is not limited to SBA deals when used as a sensible component of a tiered assessment approach.
We’ve been in business since 1993, and in that time, our experience has taught us how to be the value leader. At under $300 and 48 hour turnaround, no competitor even comes close.
Our clients tell us that they won’t entrust their environmental risk decisions with anyone else. Give us a try on your next project and find out what they mean.