HUD/FHA Property and Preservation Guidelines

HUD/FHA Property and Preservation Guidelines

 

Document  Page
Exhibit A  General Requirements  5-14
No.  Title
  Mortgagee Responsibility 5
  Damage Due to Failure to Preserve and Protect (Mortgagee Neglect) 5
1.   Maximum Property Preservation Allowance and Over-Allowable Expense Request 5
2.   Acceptable Conveyance Condition 6
3.   Conveyance of Properties 6
 4.   Local Requirements 7
 5.   Photographs 7
 6.   Specific Preservation Requirements 7
 A.   Inspections 7
 B.   Securing 8
C.   Roof Repair 9
D.   Pools, Hot Tubs and Spas 9
 E.   Boarding 9
 F.   Yard Maintenance and Snow Removal 10
 G.   Winterization Requirements 11
H.   Demolition 12
7.  Claim Submission and Documentation 12
8. Requests to Exceed Timeframes 13
9.  Appeal of a Demand for Reimbursement 13
10. Record Retention 14
11.  Enforcement 14
 Exhibit B  Maximum Property Preservation Allowances 15-16