FAAR sends letter of concern on Stafford County impact fees

Stafford County is currently considering a change to its current Transportation Impact Fee of $2,999.  FAAR is concerned that the exorbitant fee will further impact housing affordability in the County and place an undue burden on purchasers of new home construction....

FAAR approves state legislative agenda for 2025

FAAR recently approved a suite of issues that comprise the 2025 Legislative Agenda.  These are issues that the Public Policy Committee discusses and motions and then the Board approves that impact the real estate industry.  These issues are then submitted up to the...

Clients having trouble getting taxes paid out of escrow?

FAAR has received reports from agents that some property tax payments are seeing delays in being paid by third parties working with mortgage servicers.  This can lead to sellers or buyers having to pay the local property taxes for a second time and then receiving a...

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