Yikes! I knew it was over $100,000 for a Mello Roos payoff in Del Sur but that is crazy! I guess part of the reason is it’s newer and developments like Santaluz have already been paying on it for 10 years.
But that pay off is insane! IMHO.
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Don’t know, plenty of developments that came about around the same time with much lower MR.
might be something for the Voice of SD reporter to look into.
