[quote]for one thing, HOA with this Avaron house is $340/month. mello roos runs on this one is a cool $7500/year, or $965/month.[/quote]
Why anyone would pay nearly $1,000 extra a month with none going to the mortgage is beyond me. This doesn’t even include property tax, insurance, regular house maintainence, and other upgrades home mortgage borrowers spend money on.
With property tax added, they will probably spend close to $2,000/month on the house and have none of it go towards the mortgage. Ouch!
I guess there are many people with lots of money to burn. Do people who buy these types of homes consider these costs or do they just look at the mortgage payment?