

5,221,633
Yes in a number of newer and new home communities. Some buyers refuse to buy where they have to pay these fees, others are OK with them. These fees can range from a few hundred per year to several thousand $ depending on the community. Tax rate (property tax + MR) in general can be 1.2% - 1.35 % or so in Carlsbad. Have seen it as high as 1.8% in some communities
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Praful Thakkar
Burlington, MA
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Kathleen Daniels, Prob...
San Jose, CA
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Nina Hollander, Broker
Charlotte, NC
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Inna Ivchenko
Encino, CA
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Thomas J. Nelson, REAL...
La Jolla, CA
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Wanda Kubat-Nerdin - W...
St. George, UT
4,322,295
Wanda Kubat-Nerdin - what is more common terminology for Mello Roos?
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Praful Thakkar
Burlington, MA
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Wanda Kubat-Nerdin - W...
St. George, UT
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Nina Hollander, Broker
Charlotte, NC
2,886,799
Mello Roos is a Real Estate killer. Taxes that attach to the property for thirty years in addition to the regular property taxes? Pay off the house and its still there?
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Richard Alan Naggar
Riverside, CA
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Nina Hollander, Broker
Charlotte, NC
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Wanda Kubat-Nerdin - W...
St. George, UT
2,820,193
LOL, I had never heard of this and was wondering if it was related to Kangaroos.
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Wanda Kubat-Nerdin - W...
St. George, UT
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Nina Hollander, Broker
Charlotte, NC
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Pete Xavier
Pacific Palisades, CA
1,123,559
I have never heard of this. If we have that, it is called something different.
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Nina Hollander, Broker
Charlotte, NC
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Pete Xavier
Pacific Palisades, CA
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Wanda Kubat-Nerdin - W...
St. George, UT
6,814,041
We have Mello Yellow and Mello Cups here but I have not tried Mello Roos, how do they taste?
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Bob Crane
Stevens Point, WI
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Wanda Kubat-Nerdin - W...
St. George, UT
5,436,643
Who or what is Mello Roos?
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Pete Xavier
Pacific Palisades, CA
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Wanda Kubat-Nerdin - W...
St. George, UT
8,285,953
I am not familiar with this term.
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Wanda Kubat-Nerdin - W...
St. George, UT
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Nina Hollander, Broker
Charlotte, NC
1,661,153
Yes, we have that. Not often, but I always ask the homesellers if there are any additional assessments exist or projected in near future.
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Wanda Kubat-Nerdin - W...
St. George, UT
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Nina Hollander, Broker
Charlotte, NC
4,821,267
In select newer areas.
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Wanda Kubat-Nerdin - W...
St. George, UT
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Nina Hollander, Broker
Charlotte, NC
4,273,331
It does not exist to my knowledge.
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Wanda Kubat-Nerdin - W...
St. George, UT
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Nina Hollander, Broker
Charlotte, NC
2,234,615
Not in my area
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Wanda Kubat-Nerdin - W...
St. George, UT
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Anthony Acosta - ALLAT...
Atlanta, GA
2,443,346
I believe that is a California thing, not in Indiana either.
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Wanda Kubat-Nerdin - W...
St. George, UT
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Nina Hollander, Broker
Charlotte, NC
5,774,223
Wanda,
It did in Napa. Ot does not here. A
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Wanda Kubat-Nerdin - W...
St. George, UT
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Nina Hollander, Broker
Charlotte, NC
1,683,918
I am not familiar with it, so not in Indiana.
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Wanda Kubat-Nerdin - W...
St. George, UT
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Nina Hollander, Broker
Charlotte, NC
1,652,854
Yes, we have it in San Diego in select newer areas. It's a 20 or 25 year bond that taxes those living there for all the infrastructure brought in. Essentially it's how you pay for roads, schools, parks, sewers, etc in a neighborhood that was a cattle ranch a year ago. Adds quite a bit to the payment and it's best to buy when the home is close to the 20 or 25 year mark to avoid them. They do expire. Also, what Jeff Dowler said.
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Wanda Kubat-Nerdin - W...
St. George, UT
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Thomas J. Nelson, REAL...
La Jolla, CA
3,764,591
I'm clueless - sort of like the guy who asked, "What's Aleppo?"
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Greg Large
Grove City, OH
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Nina Hollander, Broker
Charlotte, NC
1,157,847
California law does not apply in our great nation.
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Wanda Kubat-Nerdin - W...
St. George, UT
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Nina Hollander, Broker
Charlotte, NC
2,194,685
Never heard of them so the answer is no (I guess).
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Nina Hollander, Broker
Charlotte, NC
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Wanda Kubat-Nerdin - W...
St. George, UT
2,234,971
We don't have it in Western CO, either.
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Nina Hollander, Broker
Charlotte, NC
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Wanda Kubat-Nerdin - W...
St. George, UT
3,988,144
This does not apply in my area of Tennessee.
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Nina Hollander, Broker
Charlotte, NC
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Wanda Kubat-Nerdin - W...
St. George, UT
5,585,089
what is that?? no me know!!!
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Nina Hollander, Broker
Charlotte, NC
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Wanda Kubat-Nerdin - W...
St. George, UT
3,986,529
Never heard of it
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Nina Hollander, Broker
Charlotte, NC
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Wanda Kubat-Nerdin - W...
St. George, UT
2,384,800
Mello Schmello... if they need the money they will find a way to tax us!!!
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Nina Hollander, Broker
Charlotte, NC
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Wanda Kubat-Nerdin - W...
St. George, UT
994,614
In some parts of Southern California it's a reality, such as in the area of Irvine. As far as impact? Many appear to "grin and bear it".
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Nina Hollander, Broker
Charlotte, NC
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Wanda Kubat-Nerdin - W...
St. George, UT
1,273,590
In one part of SJ it applies and home owners are clubbered with additional taxes. Our role is disclose it.
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Nina Hollander, Broker
Charlotte, NC
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Wanda Kubat-Nerdin - W...
St. George, UT
4,434,277
1,525,666
I love the humor Bob Crane used.
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Wanda Kubat-Nerdin - W...
St. George, UT
800,179
Wanda Kubat-Nerdin count your blessings. I wrote an entire blog on this subject. It hurts both buyers and sellers and cheats us as agents. I mean it really cheats us. We sell a home with a much higher mortgage but don't get paid for the value of the loan that goes to mello roos.
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Wanda Kubat-Nerdin - W...
St. George, UT
5,321,861
We are lucky that we really do not have it in Denver,Co.
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Wanda Kubat-Nerdin - W...
St. George, UT
1,763,023
Most home buyers are aware of Mello-Roos in San Diego and try to purchase homes without it. In Florida, it dosn't exist, but we do occasionally have to deal with CDD fees (Community Development District)
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Wanda Kubat-Nerdin - W...
St. George, UT
403,357
We have Mello-Roos in my area, which is Orange County, CA. Not surprisingly, Mello-Roos was brought to us by politicians. It is an infrastructure bond. On new construction, I've seen Mello-Roos bonds that go on for as long as 40 years, though there may be some longer than that.
Some buyers reject any property that has a Mello-Roos bond attached to it. Others are open to it if it's not too high. There are others who are fine with it because the community offers amenities that make the cost totally worthwhile to them.
My house has Mello-Roos that costs about a dollar a day, which is super low. Some bonds are ten or even twenty times higher than that.
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Wanda Kubat-Nerdin - W...
St. George, UT
1,551,310
In a few pockets it does. It does make it harder to sell those homes.
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Wanda Kubat-Nerdin - W...
St. George, UT
1,466,257
Wanda Kubat-Nerdin Other than Condo/Hoa's that might have a special assessment, they're not applicable here. Don't give them any ideas.
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Wanda Kubat-Nerdin - W...
St. George, UT
3,458,834
In some areas it does. Some buyers avoid it and others just suck it up as part of the cost of buying a home.
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Wanda Kubat-Nerdin - W...
St. George, UT
232,119
Kinda - we have quite a few different tax assessments for various properties
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Wanda Kubat-Nerdin - W...
St. George, UT
5,215,956
Never heard that term in Texas
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Wanda Kubat-Nerdin - W...
St. George, UT
1,017,748
We have various special assessments here
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Jessie Cochran
Panama City, FL
5,392,459
1,878,688
Not by that name in IL but if it's a tax of some sort - we got it.
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Wanda Kubat-Nerdin - W...
St. George, UT
5,606,209
Say what "Mello Roos"? What is it?
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Wanda Kubat-Nerdin - W...
St. George, UT
3,075,066
Might be the equivalent of CFDs here - in which case - in some cases...
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Wanda Kubat-Nerdin - W...
St. George, UT
1,513,143
2,724,383
In Florida we have CDDs (community development districts). The Developer passes on the cost of the infrastructure to the home buyers. They are taxes that can get stuck on a property for decades. Here in Tallahassee, they are treated as an assessment, and either stapled onto your tax bill in November, or in the City Limits, they can actually put them on your monthly utility bill.
You can read all about them in Florida Statutes Chapter 190
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Wanda Kubat-Nerdin - W...
St. George, UT
425,743
Any area of Orange County CA built after about 1982 These were "bonds" to build roads, schools, infill services... They are costly and are included in qualifying for a loan. Property taxes are around 1.25% here plus Mello Roos can be another 1- 2 percent a year depending on community. The tax has an expiration date BUT some cities have continued or extended with cough cough excuses being challenged. The problem is - it's not transparent or one formula for an agent to know how much the tax is unless they look up the subject property's assessor bill available online
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Wanda Kubat-Nerdin - W...
St. George, UT