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REO Preservation & Protection Cost Schedules for Florida

- -
 Information by State
 Print version
 
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HUD Resources
-
 -   Homeownership Centers

These pages contain the most current HUD Cost Allowable schedules taken from the HUD Mortgagee Letters and are intended for organizations and individuals involved in preserving and protecting HUD properties.

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P & P Cost Schedules
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 -   Maximum Allowable
 -   Property Inspection
 -   Lock Change/Securing
 -   Boarding
 -   Debris Removal
 -   Yard Maintenance
 -   Winterization
 -   Photographs
 -   Contacts for Lender Appeal
 -   Post Endorsement Fees
 -   New "Schedule by State" Search
 -   New "Schedule by Homeownership Center" Search



Maximum Allowable
1-Unit$1100.00
2-Unit$1250.00
3-Unit$1400.00
4-Unit$1550.00
Note: If a property is located in a state where winterization is required, and the property has hot water heat, add $250/unit.
Send an email to AtlantaPandP@hud.gov about REO P&P Cost Schedules.  Contact Us about the Maximum Allowable Cost Schedule    Follow this link to go  Back to top   


Property Inspection
Occupancy Inspection (Exterior); add'l units $10.00$20.00
Initial Vacant Property Inspection (Interior); add'l units $30.00$35.00
Vacant Property Inspection (On-Going); add'l units $25.00$30.00
Send an email to AtlantaPandP@hud.gov about REO P&P Cost Schedules.  Contact Us about the Property Inspection    Follow this link to go  Back to top   


Lock Change/Securing
Maximum Allowable Securing Fee $350.00
Secure Pool (sqft)$2.05/sq.ft.
Secure Pool Maximum Amount$1050.00
Secure One Door$40.00
Hot-Tub, Jacuzzi, or Spa$55.00
Send an email to AtlantaPandP@hud.gov about REO P&P Cost Schedules.  Contact Us about the Lock Change/Securing    Follow this link to go  Back to top   


Boarding
Boarding 1/2-inch (UI) $0.80
Boarding 5/8-inch (UI) $0.90
Boarding 3/4-inch (UI) $1.00
Screening (UI) $0.55
Variations
Boarding is pre-approved in the following zip code areas: Miami: 33004, 33009, 33010, 33012, 33013, 33014, 33020, 33023, 33034, 33054, 33055, 33056, 33060, 33069, 33122, 33125, 33127, 33128, 33130, 33131, 33132, 33136, 33137, 33138, 33142, 33147, 33150, 33157, 33161, 33167, 33168, 33169, 33170, 33177, 33181, 33190, 33311, 33315, 33316, 33401, 33403, 33404, 33405, 33407, 33426 (east of I-95), 33435, 33441, 33444, 33460, 33462 (east of I-95)
Exterior surface and edges of all plywood should be painted with one coat white primer and one cost white finish. Use of screws to secure panels to wood frame windows is prohibited. See plywood-boarding diagram on page 25.
Send an email to AtlantaPandP@hud.gov about REO P&P Cost Schedules.  Contact Us about the Boarding Cost Schedule    Follow this link to go  Back to top   


Debris Removal
Please see page 33 of ML 07-03 for Large Appliance, Pest Infestation and Tire Amounts
Per Cubic Yard $45.00
Maximum Allowable 1-Unit (12 cu yd.) $540.00
Maximum Allowable 2-Unit (15 cu yd.) $675.00
Maximum Allowable 3-Unit (18 cu yd.) $810.00
Maximum Allowable 4-Unit (21 cu yd.) $945.00
Vehicle Removal $180.00
Variations
Mortgagees are required to perform all debris removal services. See pages 14 & 15. One before and one after photograph is required for each room or outbuilding containing debris to be removed.
Send an email to AtlantaPandP@hud.gov about REO P&P Cost Schedules.  Contact Us about the Debris Removal Cost Schedule    Follow this link to go  Back to top   


Yard Maintenance
Initial Cut up to 10,000 sq. ft.$85.00
Initial Cut 10,001 to 15,000 sq. ft.$105.00
Re-Cut up to 10,000 sq. ft.$80.00
Re-Cut 10,001 to 15,000 sq. ft.$100.00
Trim Shrub$30.00
Snow Removal$0.00
Variations
Grass should be cut year round.
Send an email to AtlantaPandP@hud.gov about REO P&P Cost Schedules  Contact Us about the Yard Maintenance Cost Schedule    Follow this link to go  Back to top   


Winterization
Dry Heat 1-Unit $100.00
Dry Heat Additional Units (2-4 Units) $50.00
Steam Heat 1-Unit $155.00
Steam Heat Additional Units (2-4 Units) $90.00
Radiant Heat: Hot Water 1-Unit $460.00
Radiant Heat: Hot Water Additional Units (2-4 Units) $230.00
Variations
The water supply should be shut off at the curb. Notify utility companies to cancel all services. Do not drain the water heater or water lines. Do not winterize. (Jacksonville, FL only - Winterize from Sept. 1 through April 30 from Jacksonville north to the Georgia line. However, heat will remain in shut down mode. Utilities are to remain off unless required to operate a sump pump).
Send an email to AtlantaPandP@hud.gov about REO P&P Cost Schedules.  Contact Us about the Winterization Cost Schedule    Follow this link to go  Back to top   


Photographs
Cost Limit Flat Fee (included in Maximum Allowable) $30.00
Send an email to AtlantaPandP@hud.gov about REO P&P Cost Schedules  Contact Us about the Photographs Cost Schedule    Follow this link to go  Back to top   


Atlanta Homeownership Center
Ralph Jackson,
REO Director
(678) 732-2153

Contacts for Lender Appeals
State
Name
Contract
Area
M&M Contractor Contact Name/Number GTR Contact Name/Number
Florida AC National Home Management Solutions Tish Bornscheuer/(800) 211-0621 x126
Gloria Watson/(678) 732-2613
Send an email to AtlantaPandP@hud.gov about REO P&P Cost Schedules.  Contact Us about the Contacts for Lender Appeal    Follow this link to go  Back to top   


Post Endorsement Fees
Substitution of Hazard Insurance Policy at other than expiration of existing policy, if not prohibited by state law. $15.00
Processing / reprocessing of NSF (non-sufficient funds check). $20.00
Modification of mortgage involving a recorded agreement for extension of the terms of reamortization. $50.00
Modifications of mortgaged property includes, but is not limited to: release lot/acreage from original secured parcel, order-of-taking, condemnation, subordination or consent to easement, subdivision consent, lot line dispute or adjustment, consent to change in covenants and restrictions. $100.00
Providing a copy of Mortgage / Deed of Trust: only if duplicate of what was already provided mortgagor. $10.00
Providing a copy of Mortgage Note: only if copy is duplicate of what was already provided mortgagor. $10.00
Providing a copy of settlement statement, gift letters, and other documents: other than those provided at closing. $10.00
Providing new amortization schedule, other than at closing. $15.00
Providing payoff statements: (other than initial) no charge for 1st two requests per calendar year; then each additional statement. $10.00
Providing replacement coupon books. $5.00
Providing mortgagor payment history: other than current and 1 prior year. $5.00
Verifying mortgage to prespective creditor/lender: Verify status of existing loan (in connection with refinance application.) Only allowed when mortgagor has given present lender written authorization to release information to prospective lender and charge fee. $20.00
Providing duplicate year-end statement. $5.00
Faxing payoff statement on request of mortgagor. $5.00
Incorporating borrower name change in servicer's system. $0.00
Re-Analyzing escrow accounts and providing coupon books. $0.00
Send an email to AtlantaPandP@hud.gov about REO P&P Cost Schedules.  Contact Us about the Post Endorsement Fees    Follow this link to go  Back to top   


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