Homes Not In Property Owners Associations Might Still Have Restrictive Covenants


Homes Not In Property Owners Associations Might Still Have Restrictive Covenants
By Scott Rogers • June 27, 2022
Just because the house you are buying is not located in a Property Owners Association... that does not mean that there are not rules that affect your ownership of the property. Many neighborhoods developed in the past 20 to 30 years do not have Property Owners Associations... but do have Restrictive Covenants. These restrictive covenants often set down guidelines such as... [1] If you want to make exterior changes to your house or add an outbuilding, etc., you may need to first seek approval from an architectural review committee. [2] Non domestic animals (chicken, pigs, goats) are often prohibited. [3] There may be restrictions on parking commercial vehicles, campers, trailers or boats on your property. ...and the list goes on! So, if you are buying a house that is not a part of a Property Owners Association, let's also take a moment to check for any restrictive covenants that may affect your ownership of the property and make sure you are familiar with and comfortable with those restrictions. Receive Updates by Email Recent Articles: If High Mortgage Interest Rates Having You Looking At Renting Instead Of Buying, Unfortunately You Will Also Find High Rental Rates!?! Median Price of Single Family Home in Harrisonburg and Rockingham County Rises 67% Over 10 Years, 140% Over 20 Years 33 Townhouses Proposed By Ryan Homes To Be Built In The City of Harrisonburg, At The Entrance To Cobblers Valley Harrisonburg Housing Market Still Showing Strength Despite Some Signs Of Slowing Anecdotally, A Smaller Percentage of Showings Seem To Be Resulting In Offers These Days Some Home Sellers Optimize For Speed, Convenience or Certainty Instead Of Price Happy Mortgage Interest Rate News As Average Rate Falls Below 5% Again If You Can Buy A Home Without Selling, Get Your Ducks In A Row Sooner Rather Than Later The Developer of Preston Lake Would Like To Build 139 Townhouses Behind Turner Ashby High School 271 Apartments Proposed Between Stone Spring Road and Apple Valley Road
Have any questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com
Based on information from the Harrisonburg-Rockingham Association of REALTORS® or its MLS, for the period Jan 1, 2000 through Aug 17, 2022 (unless otherwise noted).
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