The following message is from our friends at the Greater Piedmont Area Association of REALTORS®. For those of you who do business in Fauquier County, this information will be especially important.
Dear Fellow Realtors,
Hopefully by now most of you know (especially those who live and work in Fauquier County), that the Fauquier County Board of Supervisors passed some new legislation affecting ALL homeowners with either alternative or conventional onsite septic systems. Please see below:
Fauquier County has also imposed a bonding requirement of alternative systems – must be received prior to the issuance of an Operations permit from the Health Dept.; Surety of $15K or cost of the system (bond, letter of credit, cash escrow, or insurance); and owner must file the bond in Land Records. They also require an inspection by the Health Department and fee of $212.50 every 3 years.
For many of you, this may not seem like a big deal. But think about this for a minute – what happens if your current conventional system fails and now you have to install a brand new alternative system AND come up with $15,000 to place in cash escrow because you don’t have stellar credit and can’t qualify for a bond and there isn’t an insurance company that will insure septic system? Or think for a moment if your client hires you to sell his/her property and you have to disclose these new regulations to a perspective buyer who in addition to trying to obtain financing must now come up with an extra $15,000 – what kind of effect does that have on your ability to find a qualified buyer?
Did you know Fauquier County is the only county to impose such strict regulations in the entire State of Virginia? We don’t want this to set a precedent for the rest of the State.
GPAAR is working hard to protect your rights and the rights of all homeowners in Fauquier, but we truly can’t do this alone. I am asking (really begging) for your help. If you haven’t contacted your Fauquier County Supervisor, please do so today and let him know what you think about this legislation and what it could potentially do the values of homes with private drain fields and the ability to obtain financing. Contact GPAAR if you need more instruction on what to say or do.
I am also asking for volunteers to join me July 14, 2011 (Thursday) at 6:30 PM at the Warren Green Building to speak out as one unified group expressing our concerns. I want to send a signal that we take these issues very seriously. We’re not just speaking as Realtors, but as homeowners, landowners, and concerned citizens – this cannot remain in effect. Please let me know if you can join me – one hour of your time – that’s it!! My goal is to have 50+ people show up so invite your clients, friends, and family especially if they already have alternative systems or have building lots which may need an alternative system. We’ll have one designated speaker – I just need you to stand together.Tweet