Private Streets in Braemar Are Not Always Maintained by the HOA

Private Streets in Braemar Are Not Always Maintained by the HOA

Being involved in the HOA for Tartan Hills Village, and also having a full-time career as a real estate agent, I know the ins and outs of Braemar real estate.  However, it wasn’t until the other day, when showing rural property in Nokesville that I realized what is usually thought to be a rural property issue could also be an issue for a handful of Braemar home owners. 

Road Maintenance Agreements.  FHA will not finance a loan for a property on a private street without them.  And private streets in Braemar are not always maintained by the HOA.

If you live in the townhouses or courtyard homes, you have live on private streets maintained by the HOA.  However, there are some home owners off of private alleys, pipe stems and non-VDOT streets that actually own a portion of their street, in conjunction with their neighbors.

In order for those Braemar home owners who own portions of their own streets with their neighbors, having a signed, notarized, and recorded Road Maintenance Agreement in place is in their best interest.  It protects each home owner from having to do more than their fair share of maintenance, and it will allow the home to be financed in the future by an FHA buyer.

If you want to find out if you are on a private street in Braemar that is NOT maintained by the HOA, give me a call.  No one knows Braemar better!

Chris Ann Cleland, Associate Broker-Licensed in VA, Long & Foster REALTORS®

703-402-0037, ChrisAnn@LNF.com, www.SellingBraemar.com, www.NVARealEstate.net

 

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