A road does not need to be publicly maintained to meet MPR. Lots of homes off private roads that homeowners have proper easements for have gotten FHA financing.But even if an easement exists, it is the basis of a private, non-publiclly-nor-privately-maintained street. If so, should the appraiser indicate that the constrained/affected vehicular (and pedestrian) access to the subject results in the property failing to meet MPRs? Even if the scenario is complex to the extent that a higher authority must make that decision, the appraiser remains responsible to indicate whether the property does or doesn't meet MPR. Correct?
It is one of four SFR's that front this unpaved road, although two of the four also abut the public paved road.Idk. The local law in TN says you can't landlock a property. You have to grant access. The jurisdiction will allow the access.
Idk if subject is only property on this road? How many residents on this road?
How was it public and now suddenly private?
That's good. I still don't understand how or why it was changed from public to private. Something is just not right there. I can see private to public but I can't read public to private. I don't understand.It is one of four SFR's that front this unpaved road, although two of the four also abut the public paved road.
BTW the Title report describes the roadway easement.
Remember that the County says it was Dedicated but never Public.That's good. I still don't understand how or why it was changed from public to private. Something is just not right there. I can see private to public but I can't read public to private. I don't understand.
Did the the County build the road? Strange.Remember that the County says it was Dedicated but never Public.
Nobody maintains it according to City Public Works, and confirmed by the borrower who says that she and the other 3 property owners "sometimes pull weeds" but never anything else during her 31 years of ownership (as per baby photos if her son born here, who is now 30-sumthing) !The easement is good. Who maintains the easement?
I can't understand the public to private scenario. Have you talked to the new City officials?
Typically the easement maintenance belongs to the party that benefits from the easement. I don't understand the public to private scenario.