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Otay Ranch : Real Estate Advice

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Sat Sep 8, 2012
Patrick Hale answered:
Mellos roos is an excess tax, generally in a developing community. The fees depend on the bonds which the communities have allocated to schools, parks, fire stations, etc. Areas that provide more public parks, recreation, etc. may have a bit higher mello roos. This fee will reduce over time, so older neighborhoods usually have a small to no mello roos fee.

Patrick A. Hale, CDPE, RSD
Real Estate Broker & Investor

REO & SHORT SALE EXPERTS WITH A MISSION TO:
"Help Over 360 Distressed Home Owners Avoid Foreclosure"
If You or Someone You Know is in Financial Distress Visit: http://www.SDRealEstate360.com
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