Found 1 blog entry tagged as private road maintenance fha.

What is a Private Road Maintenance Agreement

Private roads.  These 2 words can make Realtors cringe!  Because agents know these words may cause some issues during the loan process.  But there are solutions.  So while looking for the perfect home, let’s say you come across the perfect one on a private road.  “No big deal to me!” says the buyer.  Well, private roads can get complicated when there is not a private road maintenance agreement in place.  Although we will discuss the solutions.  Additionally we explain loan requirements for these situations.  Now don’t think private roads are only dirt roads in the country!  Actually there are many high end subdivisions with private roads controlled by the home owners association.  What if it is on a…

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