Life in Northern Virginia

Road Maintenance Agreements What You Need To Know - Living on Private Roads in Virginia


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🚧 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

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Life in Northern VirginiaBy Cheryl Spangler