That was the big part of getting my Mello Roos taxes pre-paid off. As well, I wouldn’t be surprised if there are too many people starting to pay them off if they ban the pre-payment in the future. The thing with these types of things is you just never know.
A few years from now I wouldn’t be surprised if they quietly stop accepting pre-payments on Mello Roos taxes. And the pay off dates conveniently get extended out further into the future. In such a scenario, the people that have paid them off already will be laughing all the way to the bank.[/quote]
Totally agree with this. Very smart of you to pay off the Mello-Roos on your property; the fact that you plan to hold it for the long-term makes it a no-brainer.
What’s odd to me is that more people don’t grasp how valuable pre-paid Mello-Roos are when they look at houses. I would definitely pay more for a house where these bonds are permanently paid off, but have seen some people totally not grasp the value of this.
Also concur about people who want all kinds of high-quality public goods and services, but complain about having to pay for it. There is no public infrastructure fairly, no matter how badly people would like to believe in one. All too often, though, when the private sector and public money intersect, there is often a lot of fraud and abuse, and it seems especially bad where real estate and development are concerned.