can I pay off mello roos?

Ahandusa
Home Buyer
94509

Answers (3)
Bob Georgiou
Agent
Walnut Creek, CA

Yes. Mello Roos is an assessment and can be paid in full at any time. Call the county assessor and they can provide the information and paperwork to process your request.

If you happen to be buying you can ask the seller to pay off the mello roos as well and simply let escrow take care if it.

Web Reference: http://bob2sell.com
Sun Jun 21 2009, 13:56
Valorie Stover...
Broker
Mission Viejo, CA

In some areas you can pay off Mello Roos. In some of the new homes, the builders are paying them off for the buyers. If you are looking to buy an older home check out how long the Mello roos has left on the bond to pay.
Good luck!

Sun Jun 21 2009, 12:05
Kamal Randhawa
Broker
California
FIRST ANSWER

Mello Roos tax is a special assessment tax added to your property in addition to the regular property taxes. This special tax is usually for the special benefits you enjoy of that particular area such as good schools, parks, etc. etc. I doubt that it can be paid off as its an annual assessement. If you are looking at a certain property, I can tell you how much extra you can expect to pay. Please feel free to call or email me for further assistance.

Kamal Randhawa
Broker
510-932-1066
k.randhawa@sbcglobal.net

Sun Jun 21 2009, 10:53

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