Your Home and the Right Of Way Process Video Transcript
For most of us the price of progress seems pretty high. The purchase of the
home you own for the Right of Way to construct a new highway is a very personal
price to pay for the progress of our community.
I know first hand
the experience of learning that your home will be taken for a new highway
and the overwhelming months that follow. My homeplace was taken recently
for the construction of US 119. I can tell you that your best source of
information and support will be your Relocation Agent. Don't hesitate
to call them as often as necessary. You can't expect to absorb all of
the information that you will receive during the first meeting with the
Buying Agent and the Relocation Agent. You and I are not alone, it is
a lot of information to take in all at one time. Just make sure when they
leave you have their names and all the phone numbers where you can reach
them. Any individual that is involved in this process carries identification
with them at all times, don't hesitate to ask them to see it.
Most of the time
you will hear about the plans for a new highway through public meetings
held in your area. Watch for these to be announced in you local paper.
You will notice or have contact with surveyors, engineers and appraisers.
A Relocation Agent will meet with you to gather general information about
you and your family and any special needs you might have such as elderly
or disability issues. This information is used to help locate suitable
replacement housing.
Your home will be
appraised by a local appraiser and then reviewed for approval. This appraisal
sets the price to be offered to purchase your home or property. Armed
with this information the Relocation Agent begins to search the selling
market for a home as closely matching yours as possible. I know there
is no where that can take the place of your home, so we try to match as
close as possible the same number of bedrooms, bathrooms, square footage,
community, age - these types of things.
The asking price
of this home is used to determine your Replacement Housing Payment. You
will hear the initials RHP a lot and it simply stands for Replacement
Housing Payment.
Now the state is ready to set an appointment with you to present these
carefully researched figures. This meeting is a very anxious time. Relax
and listen. Nothing will be said that can't be repeated. After the meeting
start yourself a list of questions so that anytime you talk to the Buying
or Relocation Agent you will have them handy and remember what you wanted
to ask. At this meeting the Buying Agent will present to you the states
ffer to Purchase. Remember this is the appraised value of your home based
on sales in your local area. You will also receive a copy of the appraisal.
Relocation assistance
will be explained to you by the Relocation Agent. Unlike the purchase
of your home Relocation Funds are set up as reimbursements. In other words
you must spend the money upfront and the state will reimburse you. It
is very important to work closely with your Relocation Agent so that you
do not spend money that cannot be reimbursed.
There are four areas
of Relocation Assistance available to you.
1. The Replacement Housing Payment
2. Moving Expense Assistance
3. Mortgage Differential Expense Assistance
4. Incidental Expense Assistance
All of these will
be explained to you in detail by your Relocation Agent during this meeting.
They are also explained in the "Relocation Assistance Program" Handbook
given to you by your Relocation Agent. You can also stop by your local
District office and pick one up at your convenience. This book is a handy
guide and can answer most all of your questions.
This is a very broad and general look at the process you will experience
when your home is needed for the construction of a new highway. Naturally
there are issues and topics that we have not covered here such as the
process for businesses and for families that rent their home. These can
be explained to you by your Buying or Relocation Agent. Remember ask a
lot of questions and work closely with you Relocation Agent.
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