Home > Blogs > New York > Monroe County > Rochester > $$ Amounts for repair costs under the Streamlined (k) program?
43,505 views

RE/MAX Advance's Blog

Here to serve you! Let us know which posts are useful or not.

By Paul E. Bocka | Broker in Fairport, NY

$$ Amounts for repair costs under the Streamlined (k) program?

What are the minimum and maximum amounts for repair costs under this program?

 

The minimum repair cost of $5,000 is eliminated and the ceiling is now raised to $35,000.  

Note that, when the repairs exceed $15,000, the mortgagee must perform or obtain an inspection to determine that all listed repairs were completed.

Comments

By Paul E. Bocka,  Thu Mar 25 2010, 09:44
Thank you Hutchinson!

POST
 
Copyright © 2014 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer