Posted on January 24, 2012
Welcome to Pro Teck’s new website! We have made changes to the look, feel and content of our site to better reflect our full complement of products and services. Pro Teck also would like to unveil its new URL – www.proteckservices.com. You can continue to use www.protk.com, just be aware that www.proteckservices.com will show in your address bar. Thank you for being a client, vendor or prospect –Learn More
Posted on December 22, 2011
It has become apparent to many observers that home prices in much of the country have bottomed out. In fact, most markets hit their low in early 2009. At the same time there is almost universal consensus that it will be many years before there is any significant increase in prices. While we agree that home prices will only exhibit moderate increases over the next several years, weLearn More
Posted on November 17, 2011
Home Value Forecast Monthly Market Update When we hear about a “double dip” or even a “triple dip” in the real estate market, we have to wonder what housing market is being referred to. The November update on Home Value Forecast addresses the issue of taking a national view of the real estate market. Looking at nationwide trends in the real estate market is an impracticable concept at best andLearn More
Posted on October 10, 2011
Welcome to the first monthly Home Value Forecast (HVF), where Pro Teck Valuation Services and Collateral Analytics will bring you a unique perspective on the U.S. housing market. Our goal with the forecast is to highlight the fact that all real estate is local. Regional trends are great for understanding the big picture, but one needs to understand micro market drivers to make fully informed decisions about specificLearn More
Posted on September 13, 2011
Pro Teck Valuation Services has been named an Inc. 5000 fastest-growing private company for the fourth straight year.Pro Teck was ranked 1,097th in the nation, 21stin the Real Estate category and 27th in Boston. “Being recognized as one of the nation’s fastest growing private companies for four consecutive years is a great honor. The sustained growth validates our efforts to provide customers with effective solutions that positively impactLearn More
Posted on July 21, 2011
Pro Teck Valuation Services is proud to announce that Sarah Baldo has been promoted to Sales Vice President, reporting to Ed Hunter, Executive Director. Sarah Joined Pro Teck in 2009 as a Senior Account Manager, responsible for the on-going satisfaction and growth of existing clients. Her success has led to an expanded role in sales. “Through her understanding of client needs and ability to conceptualize solutions, it wasLearn More
Posted on July 18, 2011
Pro Teck Valuation Services and American Mortgage Consultants (AMC) today announced that Pro Teck will deliver real estate valuation, review and reconciliation services within AMC’s due diligence platform. Accurate and timely valuations play a vital role in the due diligence, loss mitigation and buy-back/put-back activities of the residential mortgage market. Specifically, valuations can help a company: Understand current value and where it came from Recognize what data orLearn More
Posted on June 17, 2011
Published in the June issue of LiveValuation Magazine: http://www.livevalmag.com/articles/june-2011/463-dodd-frank-a-dangerous-area-of-dodd-frank. Reprinted with Permission By: Jeff Dickstein State appraisal agencies and the Appraisal Subcommittee (ASC) have been tasked with a large and important assignment as a result of the passage of Dodd-Frank: to make sure that appraisals reflect the actual value of a property, as well as market conditions and condition of the subject property. The appraisal is once againLearn More
Posted on June 7, 2011
Pro Teck Valuation Services, a leading real estate collateral valuation provider, today announced that Basil G. Pallone has joined the company as Chief Financial Officer. Basil will be responsible for all aspects of the company’s financial operations, reporting to Tom O’Grady, Pro Teck’s CEO. “Tremendous growth over the last five years highlighted Pro Teck’s need for a seasoned financial professional,” said Mr. O’Grady. “Basil’s proven track record inLearn More
Posted on April 1, 2011
Before the housing market collapse, home value appreciation was the rule of the land. Valuations were performed, deals were struck and expected collateral appreciation made any valuation error easier to tolerate. Not anymore. Five years ago buybacks were a rarity, occurring mostly in incidence of fraud on the part of the mortgage holder. Today, requests for buybacks have skyrocketed, and investors, MI companies and originators don’t always agreeLearn More
