Mello Roos effect on price?

[sei676]

I know that the general opinion of Mello Roos is that they are to be avoided – but I’m curious as to what the thought is on if/how they factor into price…

Such as, do you think the market reflects Mello Roos in the price, in that, a newer house with $500/mo MR – would that same house with no MR sell for 50-80K more if it had no MR?

I guess it’s kind of hard to equate since there no bona fide apples-to-apples comparisons, but I am interested in hearing opinions on the subject.

[SD Realtor]

They do not have any effect on price in my opinion. Demand for new housing verses aversion to Mello Roos is a hard item to quantify. Someone like myself hates them and will sacrifice living in a home built in the last 10 years. However most young couples who are making decent money seem to have no problem plunking down quite hefty MR regardless of whether we are talking 4S, LCV, Stonebridge or CV.

[SD Realtor]

They do not have any effect on price in my opinion. Demand for new housing verses aversion to Mello Roos is a hard item to quantify. Someone like myself hates them and will sacrifice living in a home built in the last 10 years. However most young couples who are making decent money seem to have no problem plunking down quite hefty MR regardless of whether we are talking 4S, LCV, Stonebridge or CV.

[SD Realtor]

They do not have any effect on price in my opinion. Demand for new housing verses aversion to Mello Roos is a hard item to quantify. Someone like myself hates them and will sacrifice living in a home built in the last 10 years. However most young couples who are making decent money seem to have no problem plunking down quite hefty MR regardless of whether we are talking 4S, LCV, Stonebridge or CV.

[SD Realtor]

They do not have any effect on price in my opinion. Demand for new housing verses aversion to Mello Roos is a hard item to quantify. Someone like myself hates them and will sacrifice living in a home built in the last 10 years. However most young couples who are making decent money seem to have no problem plunking down quite hefty MR regardless of whether we are talking 4S, LCV, Stonebridge or CV.

[SD Realtor]

They do not have any effect on price in my opinion. Demand for new housing verses aversion to Mello Roos is a hard item to quantify. Someone like myself hates them and will sacrifice living in a home built in the last 10 years. However most young couples who are making decent money seem to have no problem plunking down quite hefty MR regardless of whether we are talking 4S, LCV, Stonebridge or CV.

[enron_by_the_sea]

Mello Roos goes away after X number of years (in some cases X = 20 years). I believe some of the first Mello Roos Areas (i.e houses built in 1990-1996 period with MR) may be as close as 5 years away from MR expiration. Those might be good deals even though on paper they have MR.

[enron_by_the_sea]

Mello Roos goes away after X number of years (in some cases X = 20 years). I believe some of the first Mello Roos Areas (i.e houses built in 1990-1996 period with MR) may be as close as 5 years away from MR expiration. Those might be good deals even though on paper they have MR.

[enron_by_the_sea]

Mello Roos goes away after X number of years (in some cases X = 20 years). I believe some of the first Mello Roos Areas (i.e houses built in 1990-1996 period with MR) may be as close as 5 years away from MR expiration. Those might be good deals even though on paper they have MR.

[enron_by_the_sea]

Mello Roos goes away after X number of years (in some cases X = 20 years). I believe some of the first Mello Roos Areas (i.e houses built in 1990-1996 period with MR) may be as close as 5 years away from MR expiration. Those might be good deals even though on paper they have MR.

[enron_by_the_sea]

Mello Roos goes away after X number of years (in some cases X = 20 years). I believe some of the first Mello Roos Areas (i.e houses built in 1990-1996 period with MR) may be as close as 5 years away from MR expiration. Those might be good deals even though on paper they have MR.

[all]

You rationalize (pretend it is tax-deductible and claim it, it expires, it keeps away those who cannot afford it) and you purchase based on the nominal price.

It can be paid off, but you will not get your money back at resale.

[all]

You rationalize (pretend it is tax-deductible and claim it, it expires, it keeps away those who cannot afford it) and you purchase based on the nominal price.

It can be paid off, but you will not get your money back at resale.

[all]

You rationalize (pretend it is tax-deductible and claim it, it expires, it keeps away those who cannot afford it) and you purchase based on the nominal price.

It can be paid off, but you will not get your money back at resale.

[all]

You rationalize (pretend it is tax-deductible and claim it, it expires, it keeps away those who cannot afford it) and you purchase based on the nominal price.

It can be paid off, but you will not get your money back at resale.

[Author]

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