Property Preservation HUD Guidelines
There are many methods to determine vacancy and the HUD regulations specifically state these four in Attachment 2, paragraph I, sub-paragraph C:
(i) checking utility meters to determine if they are on
(ii) contacting the listing broker if there is a for sale or rent sign on the property
(iii) observing general maintenance and
(iv) speaking to neighbors.
Other methods may include surveillance, phone, cable, internet providers, mail delivery personnel, etc.
HUD regulations, as stated in Attachment 5, are consistent in describing the amount of debris that can be approved without bidding: a one unit property: 12 cubic yards; a two unit property: 15 cubic yards; a three unit property: 18 cubic yards; a four unit property: 21 cubic yards. The amount of debris in cubic [...]
HUD Regulations Attachment 3: Minimum Securing Requirements 1. All windows and doors must be secured. 2. Broken glass should be replaced, unless the opening is to be boarded. All broken glass should be removed. 3. Locks on the front and rear entry doors should be replaced with one of the following master lock [...]
BODY {display:none;visibility:hidden;} Indiana Property Preservation Rate Chart is sponsored by Contractor Support Services Indiana Property Preservation Guidelines Copyright 2008, Gulf Thunder Corporation This Publication Has Specific Re-Print Permissions Maximum Allowable Cost Per Property Note: If a property is located in a state where winterization is required, and the property has hot water heat, add $250/unit [...]
BODY {display:none;visibility:hidden;} Washington Property Preservation Guidelines is sponsored by Bama REO™ and Digital Field Services, LLC Washington Property Preservation Guidelines Copyright 2008, Gulf Thunder Corporation This Publication Has Specific Re-Print Permissions Maximum Allowable Cost Per Property Note: If a property is located in a state where winterization is required, and the property has hot [...]
There are five types of property inspections: Occupancy Inspections Initial Vacant Property Inspections Vacant Property Inspections Voluntary Pre-Conveyance Inspections Eviction Inspections I. Occupancy Inspections When a mortgage is in default, a payment is not received within 45 calendar days of the due date, and efforts to reach the Mortgagor by telephone or correspondence within [...]
BODY {display:none;visibility:hidden;} Utah Property Preservation Guidelines is sponsored by Contractor Support Services Utah Property Preservation Guidelines Copyright 2008, Gulf Thunder Corporation This Publication Has Specific Re-Print Permissions Maximum Allowable Cost Per Property Note: If a property is located in a state where winterization is required, and the property has hot water heat, add $250/unit 1 [...]
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