If you are looking for a caring Realtor who knows Lake Elsinore very well, I will be happy to help you.
(909) 772-8842 cell
The bonds last for 20-30 years and then they are paid off. The base rate will always be there which is 1% to 1.2% depending on the area you live in. If you get a copy of the tax bill for each home you are looking at then you will have a better idea of what to expect for a payment.
Looking in a price range that is a little lower to compensate for the taxes is your best bet if you want to live in a newer community.
Best of luck to you and see my link for some home buying options in Lake Elsinore's zip code of 92532.
I have only seen a few new communities that do not, however , you pay a little bit more for the home.
You see, Mello-Roos are developer fees passed on to the homeowners for infrastructure and maintenance costs.
Mello-Roos will stay on the property for between 10-50 years , the most common is 30 years.
If the overall monthly cost of owning in a new community fits your budget, then go for it!
Also be aware of HOA fees in certain communities.
If you want to avoid higher tax rates, then search homes pre-1995.
Riverside Mello Roos