Road Maintenance Agreements What You Need To Know - Living on Private Roads in Virginia
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Road Maintenance Agreements What You Need To Know - Living on Private Roads in Virginia
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About this listen
🚧 Understanding Road Maintenance Agreements in Virginia 🚧
In this episode, we dive into the importance of Road Maintenance Agreements (RMAs) for private roads in Virginia. Whether you're a homeowner, buyer, or real estate professional, knowing how these agreements work can impact property values, financing options (including VA and conventional loans), and overall road upkeep.
We cover:
✅ What a Road Maintenance Agreement is and why it matters
✅ How RMAs affect mortgage approvals (Fannie Mae, Freddie Mac, VA Loans)
✅ Who is responsible for road repairs and costs
✅ Tips for creating a simple, legally sound agreement
Tune in to learn how to protect your property investment and ensure smooth access to your home! 🏡💡
NOTE: VA Loans are privately funded and DO NOT care, Freddie mac loans do NOT care, Fannie Mae DOES care.
🎧 Listen now! #RealEstate #Virginia #PrivateRoads #Homeownership