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HUD: Update to Property Inspection Fees

Industry Update
November 14, 2023

Source: U.S. Department of Housing and Urban Development

This Mortgagee Letter (ML) updates inspection fees for Property Preservation and Protection.

Initial Occupancy Inspection: $30/$20 per each additional unit

Occupancy Follow-up Inspections: $30/$20 per each additional unit

Vacant Inspections (Ongoing)

First Time Vacant Property Inspection (One time): $45/$30 per each additional unit

Follow-up Vacant Property Inspections: $45/$30 per each additional unit

 

For full report, please click the source link above.

 

 

 

 

 

 

 

 

 

 

 

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