Virgin Islands



US Virgin Islands Property Preservation Guidelines



US Virgin Islands

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 Unit $1100
2 Units $1250
3 Units $1400
4 Units $1550

Lock Change/Securing Service Cost Schedule

Nationwide

Secure One Door $40
Secure Pool (Sq. Ft. Amt.) $2.05
Maximum Secure Pool $1050
Secure Hot Tub, Jacuzzi, Spa $55
Maximum Allowable for Lock Change/Securing $350

Debris Removal Service Schedule

Labor, fees, transportation, fuel, mileage, etc. included

Debris Removal Per Cubic Yard $50
Debris Removal Maximum for 1 Unit: 12 cu yd. $600
Debris Removal Maximum for 2 Units: 15 cu yd. $750
Debris Removal Maximum for 3 Units: 18 cu yd. $900
Debris Removal Maximum for 4 Units: 21 cu yd. $1050
Large Appliance Removal $130
Vehicle Removal $190
Pest Infestation $35
Tire Removal per tire up to a maximum of six tires
$15

Yard Maintenance Cost Schedule

If property yard is over 15,000 square feet, contact the M&M contractor

Initial cut up to 10,000 sq ft. $85
Initial cut 10,001 sq ft to 15,000 sq ft $105
Re-cut up to 10,000 sq ft $80
Re-cut 10,001 sq ft to 15,000 sq ft $100
Trim Shrubs $30

Winterization Service Cost Schedule

Do Not Winterize

Dry Heat 1 Unit $
Dry Heat Additional Units $
Steam Heat 1 Unit $
Steam Heat Additional Units $
Wet/Radiant Heat 1 Unit $
Wet/Radiant Heat Additional Units $
Snow Removal $0

Local Variations

Exterior surface and edges of all plywood should be painted with one coat white primer and one coast white finish. Use of screws to secure panels to wood frame windows is prohibited.

Additionally, boarding is pre-approved in the following zip code areas:

00923 00924 00929 00601 00602 00603
00703 00704 00705 00610 00612 00714
00616 00617 00794 00915 00956 00957
00959 00961 00622 00623 00725 00627
00729 00920 00921 00979 00982 00983
00985 00986 00987 00962 00736 00735
00935 00638 00739 00769 00782 00907
00783 00780 00926 00646 00647 00738
00650 00934 00652 00653 00784 00656
00965 00966 00967 00968 00969 00970
00971 00778 00659 00917 00660 00791
00662 00913 00664 00795 00777 00667
00669 00670 00771 00772 00911 00773
00674 00909 00606 00707 00680 00715
00676 00687 00718 00719 00720 00723
00624 00716 00717 00728 00730 00731
00734 00740 00741 00678 00677 00745
00925 00926 00927 00637 00688 00952
00751 00690 00683 00685 00757 00907

00909 00911 00912 00913 00953 00949
00976 00641 00692 00693 00901 00765
00766 00767 00698

HUD Marketing and Management Contractor – M&M

Atlantic Alliance of Asset Managers
Iturregui Plaza, Suite 14A
1135 65th Infantry Avenue
Rio Piedras, PR 00924
Phone: (787) 300-2194
Fax: (787) 300-2199
Email address: idelacruz@atlanticallianceassetmanagers.com
Website: www.atlanticallianceassetmanagers.com

Preservation and Protection requests and extension of time requests for Caribbean properties should be sent to:

Atlantic Alliance of Asset Managers
Iturregui Plaza, Suite 14A
1135 65th Infantry Avenue
Rio Piedras, PR 00924
Phone: (787) 300-2194
Fax: (787) 300-2199
Email Address: ocordero@atlanticallianceassetmanagers.com
Website: www.atlanticallianceassetmanagers.com