they got a real bad deal going for the future homeowners there.
there’s the mello roos as explained above.
there’s also a social tax. taken at the time of purchase, that goes into a social fund that will pay for hiking trips, BBQ’s, and varioius clubs they want the owners to join. In essence, kinda like a fee charged to join a frat back in college.
the HOA jumps by $150 from now to built-out. why? because at built-out, the Ranch House that the builder is using will be sold back to the HOA. So each and every homeowner will forever pay $150 extra per month for a Ranch House the builder’s sales staff got to enjoy brand new.
Does anyone know when they will actually open the connection between Camino Del Sur and Camino Del Norte?