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Category Archives: HUD Regulations
How much anti freeze do you need to put down each drain when you winterize a property in Missouri?
The HUD regulations specify that “Adequate amounts of antifreeze are to be placed in all fixture traps, including toilet tanks and bowls.” Editor’s Note: By performing the winterization, the contractor takes on the responsibility for any freeze damage. Each contractor … Continue reading
FHA Winterization Calendar
States that require property winterization year round: Alaska Illinois IndianaStates that require property winterization September 1st through April 30th: Florida (Jacksonville north to the Georgia line) Iowa Kansas North Dakota Oklahoma Missouri Minnesota Montana Wisconsin Wyoming States that require property … Continue reading
Winterization Requirements
ATTACHMENT 7 Winterization Requirements and Cost Schedule This section provides instruction for maintenance of utilities and winterization of properties to protect against freeze damage. It also addresses maintenance of wells and properties with sump pumps. I. Utilities Unless identified in … Continue reading
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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