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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:
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:
http://www.vba.va.gov/ro/central/cleve/Info_Ltrs_2003/26-03-13.pdf
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