Home › Forums › Closed Forums › Properties or Areas › 4S Mello-Roos will take 30 more years (2040) to payoff
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September 16, 2010 at 9:04 PM #606658September 16, 2010 at 9:25 PM #605603enron_by_the_seaParticipant
When I bought my house (no, I am not in 4S) the escrow company sent me about 200+ page report covering exciting topics such as earthquake fault zones, landslide inventory report, right to farm disclosure, naturally occuring asbestos zzzz…..
Somewhere in that, there was one page saying our Mello Roos for the CFD was expiring in 2016. This was bond issued in 1991 due to be paid off in 2016 per the escrow company.
Recently I digged deeper into this and found that the 1992 bonds mentioned above, were in fact refinanced in 1998. So the new bonds will be paid off in 2020 instead of 2016. — However my escrow company never really pointed that out to me.
So I can believe what the OP says. Disclosures on these things seem to be quite sloppy. (Maybe an opportunity for an enterprising hungry lawyer…)
September 16, 2010 at 9:25 PM #605690enron_by_the_seaParticipantWhen I bought my house (no, I am not in 4S) the escrow company sent me about 200+ page report covering exciting topics such as earthquake fault zones, landslide inventory report, right to farm disclosure, naturally occuring asbestos zzzz…..
Somewhere in that, there was one page saying our Mello Roos for the CFD was expiring in 2016. This was bond issued in 1991 due to be paid off in 2016 per the escrow company.
Recently I digged deeper into this and found that the 1992 bonds mentioned above, were in fact refinanced in 1998. So the new bonds will be paid off in 2020 instead of 2016. — However my escrow company never really pointed that out to me.
So I can believe what the OP says. Disclosures on these things seem to be quite sloppy. (Maybe an opportunity for an enterprising hungry lawyer…)
September 16, 2010 at 9:25 PM #606242enron_by_the_seaParticipantWhen I bought my house (no, I am not in 4S) the escrow company sent me about 200+ page report covering exciting topics such as earthquake fault zones, landslide inventory report, right to farm disclosure, naturally occuring asbestos zzzz…..
Somewhere in that, there was one page saying our Mello Roos for the CFD was expiring in 2016. This was bond issued in 1991 due to be paid off in 2016 per the escrow company.
Recently I digged deeper into this and found that the 1992 bonds mentioned above, were in fact refinanced in 1998. So the new bonds will be paid off in 2020 instead of 2016. — However my escrow company never really pointed that out to me.
So I can believe what the OP says. Disclosures on these things seem to be quite sloppy. (Maybe an opportunity for an enterprising hungry lawyer…)
September 16, 2010 at 9:25 PM #606349enron_by_the_seaParticipantWhen I bought my house (no, I am not in 4S) the escrow company sent me about 200+ page report covering exciting topics such as earthquake fault zones, landslide inventory report, right to farm disclosure, naturally occuring asbestos zzzz…..
Somewhere in that, there was one page saying our Mello Roos for the CFD was expiring in 2016. This was bond issued in 1991 due to be paid off in 2016 per the escrow company.
Recently I digged deeper into this and found that the 1992 bonds mentioned above, were in fact refinanced in 1998. So the new bonds will be paid off in 2020 instead of 2016. — However my escrow company never really pointed that out to me.
So I can believe what the OP says. Disclosures on these things seem to be quite sloppy. (Maybe an opportunity for an enterprising hungry lawyer…)
September 16, 2010 at 9:25 PM #606669enron_by_the_seaParticipantWhen I bought my house (no, I am not in 4S) the escrow company sent me about 200+ page report covering exciting topics such as earthquake fault zones, landslide inventory report, right to farm disclosure, naturally occuring asbestos zzzz…..
Somewhere in that, there was one page saying our Mello Roos for the CFD was expiring in 2016. This was bond issued in 1991 due to be paid off in 2016 per the escrow company.
Recently I digged deeper into this and found that the 1992 bonds mentioned above, were in fact refinanced in 1998. So the new bonds will be paid off in 2020 instead of 2016. — However my escrow company never really pointed that out to me.
So I can believe what the OP says. Disclosures on these things seem to be quite sloppy. (Maybe an opportunity for an enterprising hungry lawyer…)
September 17, 2010 at 6:37 AM #605688LAAFTERHOURSParticipantI assume Del Sur is independent of 4s Ranch on the MR bonds. Any idea on the status of the bonds in Del Sur, Santaluz, SEH or the newer parts of La Costa?
September 17, 2010 at 6:37 AM #605775LAAFTERHOURSParticipantI assume Del Sur is independent of 4s Ranch on the MR bonds. Any idea on the status of the bonds in Del Sur, Santaluz, SEH or the newer parts of La Costa?
September 17, 2010 at 6:37 AM #606328LAAFTERHOURSParticipantI assume Del Sur is independent of 4s Ranch on the MR bonds. Any idea on the status of the bonds in Del Sur, Santaluz, SEH or the newer parts of La Costa?
September 17, 2010 at 6:37 AM #606435LAAFTERHOURSParticipantI assume Del Sur is independent of 4s Ranch on the MR bonds. Any idea on the status of the bonds in Del Sur, Santaluz, SEH or the newer parts of La Costa?
September 17, 2010 at 6:37 AM #606754LAAFTERHOURSParticipantI assume Del Sur is independent of 4s Ranch on the MR bonds. Any idea on the status of the bonds in Del Sur, Santaluz, SEH or the newer parts of La Costa?
September 17, 2010 at 8:27 AM #605748allParticipant[quote=LAAFTERHOURS]I assume Del Sur is independent of 4s Ranch on the MR bonds. Any idea on the status of the bonds in Del Sur, Santaluz, SEH or the newer parts of La Costa?[/quote]
This is how I do it:
1. take any house in the target neighborhood and get the parcel number (address might work, but I found parcel# to be more reliable).
2. Look it up on the tax collector’s website (https://www.sdctreastax.com/ebpp3/)
3. Find MR symbol(s) in the property tax roll and google it (or bing it if you are affiliated with MS). You may or may not find statements and reports.It’s amazing what kind of stuff people put online and allow indexing. I once stumbled upon the county voters records for the past few years.
Here is the list of all fixed charge assessments in the county.
http://www.sdcounty.ca.gov/auditor/trb0910/docs/FCSAList09.xlsIt includes the total amount, the number of parcels affected and who to call for more details. It does not tell you the maturity date.
To the OP – you can get your payoff statement from the administrator for $100. The fee applies towards the payment if you decide to pay off your MR within 30 days. If you wait longer than 30 days you forfeit your $100.
September 17, 2010 at 8:27 AM #605835allParticipant[quote=LAAFTERHOURS]I assume Del Sur is independent of 4s Ranch on the MR bonds. Any idea on the status of the bonds in Del Sur, Santaluz, SEH or the newer parts of La Costa?[/quote]
This is how I do it:
1. take any house in the target neighborhood and get the parcel number (address might work, but I found parcel# to be more reliable).
2. Look it up on the tax collector’s website (https://www.sdctreastax.com/ebpp3/)
3. Find MR symbol(s) in the property tax roll and google it (or bing it if you are affiliated with MS). You may or may not find statements and reports.It’s amazing what kind of stuff people put online and allow indexing. I once stumbled upon the county voters records for the past few years.
Here is the list of all fixed charge assessments in the county.
http://www.sdcounty.ca.gov/auditor/trb0910/docs/FCSAList09.xlsIt includes the total amount, the number of parcels affected and who to call for more details. It does not tell you the maturity date.
To the OP – you can get your payoff statement from the administrator for $100. The fee applies towards the payment if you decide to pay off your MR within 30 days. If you wait longer than 30 days you forfeit your $100.
September 17, 2010 at 8:27 AM #606389allParticipant[quote=LAAFTERHOURS]I assume Del Sur is independent of 4s Ranch on the MR bonds. Any idea on the status of the bonds in Del Sur, Santaluz, SEH or the newer parts of La Costa?[/quote]
This is how I do it:
1. take any house in the target neighborhood and get the parcel number (address might work, but I found parcel# to be more reliable).
2. Look it up on the tax collector’s website (https://www.sdctreastax.com/ebpp3/)
3. Find MR symbol(s) in the property tax roll and google it (or bing it if you are affiliated with MS). You may or may not find statements and reports.It’s amazing what kind of stuff people put online and allow indexing. I once stumbled upon the county voters records for the past few years.
Here is the list of all fixed charge assessments in the county.
http://www.sdcounty.ca.gov/auditor/trb0910/docs/FCSAList09.xlsIt includes the total amount, the number of parcels affected and who to call for more details. It does not tell you the maturity date.
To the OP – you can get your payoff statement from the administrator for $100. The fee applies towards the payment if you decide to pay off your MR within 30 days. If you wait longer than 30 days you forfeit your $100.
September 17, 2010 at 8:27 AM #606495allParticipant[quote=LAAFTERHOURS]I assume Del Sur is independent of 4s Ranch on the MR bonds. Any idea on the status of the bonds in Del Sur, Santaluz, SEH or the newer parts of La Costa?[/quote]
This is how I do it:
1. take any house in the target neighborhood and get the parcel number (address might work, but I found parcel# to be more reliable).
2. Look it up on the tax collector’s website (https://www.sdctreastax.com/ebpp3/)
3. Find MR symbol(s) in the property tax roll and google it (or bing it if you are affiliated with MS). You may or may not find statements and reports.It’s amazing what kind of stuff people put online and allow indexing. I once stumbled upon the county voters records for the past few years.
Here is the list of all fixed charge assessments in the county.
http://www.sdcounty.ca.gov/auditor/trb0910/docs/FCSAList09.xlsIt includes the total amount, the number of parcels affected and who to call for more details. It does not tell you the maturity date.
To the OP – you can get your payoff statement from the administrator for $100. The fee applies towards the payment if you decide to pay off your MR within 30 days. If you wait longer than 30 days you forfeit your $100.
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