SD Realtor, I know for fact – Piggington's Econo-Almanac

November 26, 2007 at 4:22 PM #103864

Participant

SD Realtor, I know for fact that when you buy a lot in Santaluz you have the option of paying off the Mello-Roos up-front. It varies by lot, but it was roughly $100K. This was versus paying around $8500/yr. on the Mellow-Roos bond for 30 years.