Safeguard Properties - VA St. Paul Memorandum No 07-03 Property Preservation and Allowable Liquidation Fees and Costs

VA St. Paul Memorandum No 07-03 Property Preservation and Allowable Liquidation Fees and Costs

Thursday, 07 June 2007

The VA St. Paul Regional Loan Center has released Memorandum No 07-03 rescinding Memorandum No 06-04.

The amendments contained in this Memorandum are;

Debris Removal
The VA will now accept an invoice or receipt of disposal in lieu of the actual salvage yard or dumping fee receipt. The invoice or receipt of disposal must contain the following:

Date of disposal
Address of the property for which the debris is being dumped
Number of yards dumped
Description of items being dumped or disposed.

Reimbursement for debris removal has increased and will now be at the rate of $40 per cubic yard.

Temporary Roof Repairs
The cost of roof repair to protect the interior of a property from further damage will be reimbursed up to a maximum allowable of $250 for labor and materials.

To view the Memorandum in its entirety, please click here.

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Safeguard Properties is the largest privately held field services company in the country. Located in Cleveland, OH and founded in 1990 by Robert Klein, Safeguard has grown from a regional preservation company with a few employees and a handful of contractors performing services in the Midwest, to a national company with over 425 employees. Safeguard is supported by a nationwide network of subcontractors able to perform any requested superintendence, preservation, and maintenance functions, as well as numerous ancillary services in the U.S., the Virgin Islands, and Puerto Rico.