Saturday, June 13, 2009

What is Mello-Roos Tax in Real Estate by Regina Flores

I sell homes in Ramona,CA as well as San Diego County and we find Mello Roos quite often. If you are looking at buying a home,especially an REO, Foreclosure or short sale, beware of additional costs such as Mello Roos. Because disclosures may be limited in these sales, the buyer neds to be aware and do their own research. This sums up Mello Roos Tax pretty well.

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