Home › Forums › Financial Markets/Economics › Mello-Roos Bonds: Poway School District.
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January 18, 2009 at 11:38 AM #331410January 18, 2009 at 12:56 PM #330893
5yearwaiter
Participant[quote=oxfordrick]5.25% on face value.
But they’re trading at a discount….
What do you think that they are worth?[/quote]It’s hard to say that what kind of future prevailed for us especially current trend and forth coming Baby Boomers, Falling Medicare or escalating Medicare expenses and no gurantee on Social Security grants that you investing …. where we stand? and how can we gurantee on such a simple bonds? … when everything else is upside down.. just my 2 cents.
January 18, 2009 at 12:56 PM #3312305yearwaiter
Participant[quote=oxfordrick]5.25% on face value.
But they’re trading at a discount….
What do you think that they are worth?[/quote]It’s hard to say that what kind of future prevailed for us especially current trend and forth coming Baby Boomers, Falling Medicare or escalating Medicare expenses and no gurantee on Social Security grants that you investing …. where we stand? and how can we gurantee on such a simple bonds? … when everything else is upside down.. just my 2 cents.
January 18, 2009 at 12:56 PM #3313075yearwaiter
Participant[quote=oxfordrick]5.25% on face value.
But they’re trading at a discount….
What do you think that they are worth?[/quote]It’s hard to say that what kind of future prevailed for us especially current trend and forth coming Baby Boomers, Falling Medicare or escalating Medicare expenses and no gurantee on Social Security grants that you investing …. where we stand? and how can we gurantee on such a simple bonds? … when everything else is upside down.. just my 2 cents.
January 18, 2009 at 12:56 PM #3313345yearwaiter
Participant[quote=oxfordrick]5.25% on face value.
But they’re trading at a discount….
What do you think that they are worth?[/quote]It’s hard to say that what kind of future prevailed for us especially current trend and forth coming Baby Boomers, Falling Medicare or escalating Medicare expenses and no gurantee on Social Security grants that you investing …. where we stand? and how can we gurantee on such a simple bonds? … when everything else is upside down.. just my 2 cents.
January 18, 2009 at 12:56 PM #3314205yearwaiter
Participant[quote=oxfordrick]5.25% on face value.
But they’re trading at a discount….
What do you think that they are worth?[/quote]It’s hard to say that what kind of future prevailed for us especially current trend and forth coming Baby Boomers, Falling Medicare or escalating Medicare expenses and no gurantee on Social Security grants that you investing …. where we stand? and how can we gurantee on such a simple bonds? … when everything else is upside down.. just my 2 cents.
January 18, 2009 at 1:10 PM #330898jpinpb
ParticipantMaybe this doesn’t apply, but what if there’s a fire and houses are destroyed? Not sure how it works as far as paying taxes. It takes so long for insurance companies to pay to rebuild. Not sure how all that comes into play and how it may affect it, if at all.
January 18, 2009 at 1:10 PM #331235jpinpb
ParticipantMaybe this doesn’t apply, but what if there’s a fire and houses are destroyed? Not sure how it works as far as paying taxes. It takes so long for insurance companies to pay to rebuild. Not sure how all that comes into play and how it may affect it, if at all.
January 18, 2009 at 1:10 PM #331312jpinpb
ParticipantMaybe this doesn’t apply, but what if there’s a fire and houses are destroyed? Not sure how it works as far as paying taxes. It takes so long for insurance companies to pay to rebuild. Not sure how all that comes into play and how it may affect it, if at all.
January 18, 2009 at 1:10 PM #331339jpinpb
ParticipantMaybe this doesn’t apply, but what if there’s a fire and houses are destroyed? Not sure how it works as far as paying taxes. It takes so long for insurance companies to pay to rebuild. Not sure how all that comes into play and how it may affect it, if at all.
January 18, 2009 at 1:10 PM #331425jpinpb
ParticipantMaybe this doesn’t apply, but what if there’s a fire and houses are destroyed? Not sure how it works as far as paying taxes. It takes so long for insurance companies to pay to rebuild. Not sure how all that comes into play and how it may affect it, if at all.
January 18, 2009 at 3:26 PM #330933oxfordrick
ParticipantOK the last big fire was kinda close.
I expect that the funded public improvements will be insured, to the extent that they require it, streets and curbs not gonna suffer much.
As for the houses, you’ve still got to pay your property taxes and Mello Roos taxes as I understand it, so maybe a major fire could be tough on everyone.
But burnt areas like Scripps Ranch and Del Sur are always rebuilt fairly quickly.My area of greatest concern is that the deeloped parcels may not be built out timely. In this instance it seems to me as though either Black Mountain Ranch llc must pony up or the remaining homeowners must pay for the shortfall, which doesn’t seem fair.
Anyone know how fast the southern end of Del Sur is building up?
January 18, 2009 at 3:26 PM #331270oxfordrick
ParticipantOK the last big fire was kinda close.
I expect that the funded public improvements will be insured, to the extent that they require it, streets and curbs not gonna suffer much.
As for the houses, you’ve still got to pay your property taxes and Mello Roos taxes as I understand it, so maybe a major fire could be tough on everyone.
But burnt areas like Scripps Ranch and Del Sur are always rebuilt fairly quickly.My area of greatest concern is that the deeloped parcels may not be built out timely. In this instance it seems to me as though either Black Mountain Ranch llc must pony up or the remaining homeowners must pay for the shortfall, which doesn’t seem fair.
Anyone know how fast the southern end of Del Sur is building up?
January 18, 2009 at 3:26 PM #331347oxfordrick
ParticipantOK the last big fire was kinda close.
I expect that the funded public improvements will be insured, to the extent that they require it, streets and curbs not gonna suffer much.
As for the houses, you’ve still got to pay your property taxes and Mello Roos taxes as I understand it, so maybe a major fire could be tough on everyone.
But burnt areas like Scripps Ranch and Del Sur are always rebuilt fairly quickly.My area of greatest concern is that the deeloped parcels may not be built out timely. In this instance it seems to me as though either Black Mountain Ranch llc must pony up or the remaining homeowners must pay for the shortfall, which doesn’t seem fair.
Anyone know how fast the southern end of Del Sur is building up?
January 18, 2009 at 3:26 PM #331374oxfordrick
ParticipantOK the last big fire was kinda close.
I expect that the funded public improvements will be insured, to the extent that they require it, streets and curbs not gonna suffer much.
As for the houses, you’ve still got to pay your property taxes and Mello Roos taxes as I understand it, so maybe a major fire could be tough on everyone.
But burnt areas like Scripps Ranch and Del Sur are always rebuilt fairly quickly.My area of greatest concern is that the deeloped parcels may not be built out timely. In this instance it seems to me as though either Black Mountain Ranch llc must pony up or the remaining homeowners must pay for the shortfall, which doesn’t seem fair.
Anyone know how fast the southern end of Del Sur is building up?
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