HUD-50002 Request to Exceed Cost Limits for Preservation and Prote

Request to Exceed Cost
Limits for Preservation
and Protection

U.S. Department of Housing

OMB Approval No. xxxx-xxxx

and Urban Development

(expires mm/dd/yyyy)

Office of Housing
Federal Housing Commissioner

Public reporting burden for this collection of information is estimated to average 15 minutes per response, including the time for
reviewing instructions, searching existing data sources, gathering and maintaining the data needed, and completing and reviewing
the collection of information. This information is required to obtain benefits. HUD may not collect this information, and you are not
required to complete this form, unless it displays a currently valid OMB control number.
This information is required in order to administer the Mortgage Insurance Program (24 CFR Part 203). This information is
required to request permission to exceed cost limits when preservation and protection efforts cannot be performed in a specific
jurisdiction for the costs prescribed. If HUD did not collect this information, it would prevent timely preservation and protection
aefforts, increased losses to HUD's Insurance Fund and would prolong the conveyances of properties to HUD. While no
assurances of confidentiality are pledged to respondents, HUD generally discloses this data only in response to a Freedom of
Information request.

Department of HUD
__________________________________
__________________________________
__________________________________

Mortgagee Name and Address
________________________________
________________________________
________________________________
________________________________

Dear ___________________________:
SUBJECT: Request for Variance from Preservation and Protection Schedule
FHA Case No.:___________________________
Mtgee Loan No.:__________________________
Mortgagor's Name:________________________
Property Address:_________________________
_______________________________________

Date of Vacancy:_______________________
Date of Foreclosure Sale:________________
Date Deed Recorded:___________________
Expected Conveyance Date:_____________
Zip Code:____________________________

Permission is requested to perform the following services (all applicable estimates and required
documentation are attached):

Service
______ ______________________
______ ______________________
______ ______________________

(1)

TOTAL

Cost

Remarks

$______________
$______________
$______________
$______________

___________________________
___________________________
___________________________
___________________________

Preservation and Protection Costs Expended to Date (excluding inspections):

Service

Cost

_____________________ $______________________
_____________________ $______________________
_____________________ $______________________
_____________________ $______________________
(2) TOTAL $______________________

(NOTE: Expenses listed in item
(2) must be consistent with HUD
P&P limits and or guidance and
are subject to further verification.)

Submitted By:____________________________________________ Title:__________________________
Signature:______________________________________________ Phone:_________________________
[ ]Please fax your response to Fax No.:(_____)____________________

HUD APPROVAL/DISAPPROVAL:
For the subject case, HUD authorizes additional expenditures for:
debris removal up to a maximum of
boarding up to a maximum of
winterization up to a maximum of
other:

(3)
(4)

$_________________
$_________________
$_________________
$_________________

Total Additional Expenditures Approved Not to Exceed: $__________
Total Authorization Not To Exceed [item (2) + item (3)]:
$__________

Date Mortgagee's Request Received:_______________________________________________________
Date of Approval:_______________________________________________________________________
Date of this Response: __________________________________________________________________
Approved By:__________________________________________________________________________

Page 1 of 1

form HUD-50002
(4/25/2006)