Home Buying in 95630>Question Details

Lucy, Both Buyer and Seller in 95630

When will the Mello Roos bond in Kentfield Folsom be paid off? Will the house become more sellable when it is paid off? Thanks!

Asked by Lucy, 95630 Sun May 13, 2012

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If you want to give me your address, I can get you some additional information on the Mello Roos but most of the neighborhoods have Mello Roos or a Bond so shouldnt be a huge deal when selling the house as most buyers have come to accept this as part of the expense of buying in Folsom (some neighborhoods have quarterly or monthly HOA as well on top of the Mello Roos). Some of the bonds were 20 year bonds are set to be paid off in a few years (depending on when the house was built) but some of the Mello Roos is ongoing for park/trail maintenance so will never be paid off... Hope this helps and if you would like more specifics, please shoot me an email! Thanks
0 votes Thank Flag Link Tue May 15, 2012
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