this thread had the info about paying to get the payoff amount calculated first. I wanted to pay it off a couple of years ago but I wanted the tax break that year and was afraid that paying off the whole thing would not count. Seems like it might have worked but now I’m in the AMT so no reason for me not to pay if off.[/quote]
IIRC, ER mentioned about paying $500 for the assessor’s office to do the calculation and provide the exact pay-off amount. $500 is excessive for some arithmetic.[/quote]
It is a way to discourage pay off.
They don’t advice early pay off and certainly does not make it known as a possible option for homeowners.
They have the option of extending the CFD bond to raise more funds, too many people opting for early payoff and it would limit the number of “eligible properties.”
