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REO Preservation & Protection Cost Schedules for New York

- -
 Information by State
 Print version
 
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HUD Resources
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 -   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$1400.00
2-Unit$1550.00
3-Unit$1700.00
4-Unit$1850.00
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 hud@custhelp.com 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 hud@custhelp.com 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 hud@custhelp.com 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
(New York City) Board all properties within the city limits of the five boroughs in New York City without pre-approval with the exception of Dutchess, Putnam, and Rockland Counties.
Send an email to hud@custhelp.com 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 $140.00
Send an email to hud@custhelp.com 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.$100.00
Initial Cut 10,001 to 15,000 sq. ft.$120.00
Re-Cut up to 10,000 sq. ft.$95.00
Re-Cut 10,001 to 15,000 sq. ft.$115.00
Trim Shrub$45.00
Snow Removal$55.00
Send an email to hud@custhelp.com 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 $130.00
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
Send an email to hud@custhelp.com 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 hud@custhelp.com about REO P&P Cost Schedules  Contact Us about the Photographs Cost Schedule    Follow this link to go  Back to top   


Philadelphia Homeownership Center
Cheryl Walker,
REO Director
(215) 861-7181

Contacts for Lender Appeals
State
Name
Contract
Area
M&M Contractor Contact Name/Number GTR Contact Name/Number
New York PC National Home Management Solutions Tish Bornscheuer/(800) 211-0621 x 126
Deborah Peacock/(215) 861-7199
Send an email to hud@custhelp.com 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. $10.00
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 hud@custhelp.com about REO P&P Cost Schedules.  Contact Us about the Post Endorsement Fees    Follow this link to go  Back to top   


Go back to run new 'Schedule by State' or 'Schedule by HOC' search.  New Schedule search   
 
  Follow this link to go  Back to top   
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