Servicing Guide

Published September 9, 2020

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Is there an allowable for a specialty inspection during property preservation services?

From time to time, the servicer may need to perform a specialty inspection. Specialty inspections may include the following: well, septic, electrical, plumbing, etc. These inspections are typically only necessary when that particular system is not working and the servicer needs to get that particular system up and running in order to preserve the property. These types of inspections require a bid for a qualified/licensed/certified contractor via HomeTracker. Refer to Section 2: Technology and Photos within this Property Preservation Guide for bid submission guidelines. Any needed immediate repairs resulting from one of these types of inspections must be submitted as a bid on company letterhead by two separate qualified/licensed/certified companies specializing in that specific trade.

For additional information please see: Property Preservation Matrix and Reference Guide, Section 9, Specialty Inspections.

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If you have additional questions, Fannie Mae customers can visit Ask Poli to get information from other Fannie Mae published sources.

Guide Resources

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Visit Selling and Servicing Guide Communications and Forms

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