[quote=ocrenter][quote=4slive]be cautious, the MR payoff amount is $170K !!! It essentially bring the home price to 1.3M.[/quote]
wow, for real?! that’s more than the MR payoff of Santaluz + Stonebridge combined.[/quote]
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.
Not sure if you saw my other post on Mello Roos taxes but I’ll repost below.
________________________
For anyone following this Mello Roos topic on KPBS you might find these links interesting.
It sounds like Mello Roos funds are CLEARLY being misused. Some of these things are shocking and it sounds like illegal. 200 bank accounts? There doesn’t sound like there is any oversight at all.
This is why I pre-paid off my Mello Roos taxes off early.
