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VA Guidelines Update Cleveland Regional Office
Thursday, 31 July 2003

The VA Regional Loan Center listed below has issued a new information bulletin concerning expenses for preservation of security. 

Cleveland Regional Office : Loan Guaranty Information Letter 26-03-13, rescinding 26-02-12

To view the new letter itself, please click the following link:
Acrobat PDF Link http://www.vba.va.gov/ro/central/cleve/Info_Ltrs_2003/26-03-13.pdf
The new letter contains the following substantive changes:

Where the previous letter allowed "additional clean-up" only where there were existing violations, and required a copy of the violations notice, the new letter provides for the removal of interior debris that poses a health, fire, or safety hazard.  The new letter also requires the removal of exterior debris that poses a health or safety hazard, and lists, as examples of such hazards, trash, fallen trees or limbs, junk, and abandoned vehicles. 

In addition, the allowable for authorized debris removal was reduced for Ohio only to $18 per cubic yard.

Other pricing changes affecting Ohio only are as follows:
    Initial Cut City Lot increased to $55.00
    Swimming Pool (drain and remove) increased to $350.00
    Steam Heat Winterization increased to $150.00

All changes appear in red type in the linked Word documents.

Please note that the attachments also contain corrections for the state of Michigan, as that state's most current information was not reflected in the last version of these documents.  We regret the error and apologize for any confusion.

 WNT_RV9.DOC
 WNT_CST21.DOC
 SCR_RV9.DOC
 SCR_CST21.DOC
 LM_RV9.DOC
 LM_CST18.DOC
 INSP_RV16.DOC
 INSPPRC13.DOC
 DRS_RV9.DOC
 DRS_CST21.DOC
 BRD_RV16.DOC
 BRD_CST22.DOC


Please note, the following summary is provided for general information purposes, and as a convenience to our clients and friends.  It is not to be considered an official  publication of VA regulations or provisions.

For a complete version of the referenced release, please link on the following:
Acrobat PDF Link http://www.vba.va.gov/ro/central/cleve/Info_Ltrs_2003/26-03-13.pdf