New Fannie Mae property preservation prices and guidelines became effective on February 1, 2013.
The days of removing debris for $50 a cubic yard are fast disappearing. Below are some of the prices that Fannie Mae is offering for property preservation.
E. Raw Garbage, Perishable Debris, and Personal Property
* Combined Maximum of 10 cubic yards for the life of the loan
Raw Garbage and Perishable Debris - Interior/ Exterior * Maximum $40/cubic yard
Move Personal Property - Interior/ Exterior * Maximum $20/cubic yard
Dead Vermin/Dead Animal Removal Maximum $75 for the life of the loan
Email [email protected] and ask for a copy of the 20-page 2013 Fannie Mae property preservation guidelines/cost allowables (PDF file sent by email). Be sure to pay $5 at the link below:
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