Accelerate Your Commercial Real Estate Deals
The Real Estate Inspection Company Now Offers Expedited Phase I ESAs with 6-7 Day Turnaround and RSRA Options
In the fast-paced world of commercial real estate, every day counts when it comes to closing deals, securing financing, and mitigating risks. Environmental due diligence is a critical step, but traditional timelines can slow things down. That’s why The Real Estate Inspection Company is excited to announce our new expedited Phase I Environmental Site Assessment (ESA) service, slashing turnaround times to just 6-7 business days—compared to the standard 10-14 days. This game-changing option keeps you compliant with ASTM E1527-21 standards while getting you results faster, without compromising quality.
Why Phase I ESAs Matter in Commercial Real Estate
Over time, commercial properties may undergo multiple ownership changes and various uses, which can leave behind environmental impacts. These transitions can leave environmental footprints on the property that only trained professionals can accurately identify. A Phase I ESA is the gold standard for identifying potential environmental liabilities on a property before purchase or financing. It helps uncover issues like historical contamination, regulatory violations, or other risks that could derail your transaction or lead to costly cleanups. For lenders, investors, buyers, owners, and brokers, it’s often a non-negotiable requirement, especially for SBA-backed loans or high-stakes deals. But we know speed is essential. Our expedited package is designed for those time-sensitive projects where you can’t afford delays, helping you protect investments and streamline transactions for everyone involved.
Introducing Our Expedited Phase I ESA: Faster, Compliant, and Cost-Effective
The Real Estate Inspection Company has partnered with trusted providers like Envirosite and ECAN to streamline the process. We deliver a fully certified report in 6-7 business days or less. Here’s what you get:
- Key Components Included:
- Platinum Government Records Report
- Historic Topographical Maps
- Historical Aerial Photos
- Fire Insurance Maps
- Single Street City Directories
- Environmental Lien & AUL Reports
- Turnaround Time: 6-7 business days (or potentially faster).
- Compliance and Protection: The report is reviewed and certified by a credentialed Environmental Professional (EP) as required by EPA, SBA, and ASTM.
Complementing with RSRA: A Quicker, Desktop Option for Lower-Risk Deals
To make your environmental due diligence even more flexible, The Real Estate Inspection Company is also proud to offer Records Search with Risk Assessment (RSRA) services. Tailored especially for SBA 504 and 7(a) loans, an RSRA is a streamlined, desktop-based review that assesses environmental risks without a full site visit. It’s perfect for properties not on the NAICS list of environmentally sensitive industries and loans over $150,000 where a full Phase I isn’t mandatory.
- What It Involves: A thorough search of government databases, historical records (e.g., aerial photos, city directories, fire insurance maps), and adjoining properties to classify the site as low, moderate, or high risk.
- Benefits: Even faster than our expedited Phase I—often completed in 5 days or less—at a fraction of the cost. If the RSRA flags low risk, you may avoid a Phase I altogether, saving time and money.
- When to Use It: Ideal for straightforward commercial real estate transactions where speed and affordability are key, while still meeting SBA SOP 50 10 7.1 guidelines.
By incorporating RSRA into our lineup, we provide a tiered approach: Start with RSRA for quick screening, escalate to expedited Phase I if needed, or go full Phase I for comprehensive coverage.
Ready to Speed Up Your Next Deal?
In commercial real estate, delays can cost deals. The Real Estate Inspection Company’s expedited Phase I ESAs and RSRA options empower you to move faster, reduce risks, and boost your bottom line. Whether you’re a broker, lender, investor, or owner, these services are built to fit your needs and help you deliver exceptional value to your clients.
Contact us today or fill out our order form here:
