The following table outlines the type of inspection the servicer must perform depending on the occupancy status.
|If...||Then the servicer must complete...|
|the property is vacant or abandoned||an interior inspection as allowed by applicable law|
|the occupancy status of the property is
||an exterior inspection|
Note: Only in the following circumstances the servicer is authorized to consider a curbside (drive-by) inspection as an exterior inspection
The servicer must maintain and make any checklists or other documentation relied upon to determine the occupancy status of a property available to Fannie Mae upon request. Fannie Mae reserves the right to require
revisions to the checklists,
the use of a prescribed form of checklist, or
affidavits of vacancy where necessary or appropriate to evidence the vacancy status.
See A4-2.1-02, Property Inspection Vendor Management and Oversight for information on property inspection vendor management.
The servicer must follow the procedures in Requesting Reimbursement for Property Inspections and Property Preservation Expenses in F-1-05, Expense Reimbursement for requesting reimbursement of property inspection fees.
For more information please see: D2-2-10, Requirements for Performing Property Inspections.