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Monthly Archives: January 2009
Yard Maintenance and Snow Removal Requirements
ATTACHMENT 6 Yard Maintenance and Snow Removal Requirements and Cost Schedule (2008 Update) I. Grass Cuts Lawn cutting (initial and subsequent cuts) includes mowing the lawn, weeding, edge trimming, sweeping of all paved areas (sidewalks, driveways, patios, etc.), and … Continue reading
Posted in HUD Regulations
Tagged debris removal, grass cuts, hud regulations, hud requirements, winterization
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Debris Removal Service Requirements
ATTACHMENT 5 Debris Removal Service Requirements and Cost Schedule (2008 Update) A Mortgagee may expend up to the amount listed in this attachment for debris removal without prior written approval from the M&M contractor. Costs such as labor hours, dump … Continue reading
Posted in HUD Regulations
Tagged debris cost schedule, debris removal, HUD cost schedule, hud regulations
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Boarding Service Requirements
ATTACHMENT 4 Boarding Service Requirements and Cost Schedule (2008 Update) Mortgagees should not board a property unless they have prior written approval from the M&M contractor, and/or: • The property is severely damaged by fire, flood or other natural disaster; … Continue reading
Lock Change/Securing Service Requirements
ATTACHMENT 3 Lock Changes/Securing Service Requirements and Cost Schedule (2008 Update) Properties must be secured to prevent unauthorized entry and protect against weather related damage. The cost schedule to this attachment includes a Maximum Allowable Securing Fee for securing that … Continue reading
Posted in HUD Regulations
Tagged hud regulations, lock change, property preservation, securing requirements
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Property Inspection Service Requirements
ATTACHMENT 2 Property Inspection Service Requirements and Cost Schedule (2008 Update) Vacant and abandoned properties are potential targets for vandalism, weather damage and criminal activity. Additionally, they present an attractive nuisance that poses a hazard to children and others … Continue reading
Maximum Allowable Cost Per Property
Attachment 1 Maximum Allowable Cost Per Property (2008 Update) Maximum Allowable Cost Per Property State 1 Unit 2Units 3Units 4 Units Alabama $800 $950 $1100 $1250 Alaska $1400 $1550 $1700 $1850 Arizona $1100 $1250 $1400 $1550 Arkansas $1100 $1250 … Continue reading
General Requirements
GENERAL REQUIREMENTS FOR PRESERVATION AND PROTECTION OF PROPERTIES SECURING FHA INSURED MORTGAGES Mortgagee Responsibility Mortgagees should preserve and protect properties securing FHA-insured mortgages in accordance with the requirements of 24 CFR 203.377, which provides that “the mortgagee shall take reasonable … Continue reading
Posted in HUD Regulations
Tagged fha, mortgages, preservation and protection, property preservatin, securing
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