REO Preservation and Protection Cost Schedules for Alabama

Maximum Allowable
1-Unit $800.00
2-Unit $950.00
3-Unit $1100.00
4-Unit $1250.00
Note: If a property is located in a state where winterization is required, and the property has hot water heat, add $250/unit.
  
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
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
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
   
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 $180.00
Variations
Contact the M&M contractor in writing for approval to remove health or safety hazards (furnish 2 bids).
Yard Maintenance
Initial Cut up to 10,000 sq. ft. $70.00
Initial Cut 10,001 to 15,000 sq. ft. $90.00
Re-Cut up to 10,000 sq. ft. $65.00
Re-Cut 10,001 to 15,000 sq. ft. $85.00
Trim Shrub $30.00
Snow Removal $0.00
  
Winterization
Dry Heat 1-Unit $90.00
Dry Heat Additional Units (2-4 Units) $50.00
Steam Heat 1-Unit $140.00
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
   
Photographs
Cost Limit Flat Fee (included in Maximum Allowable) $30.00