I have taken the simple approach to this which relieves my Buyers anxieties of paying the "Mello Roos" taxes associated with many of our newer communities in San Diego County. It has proved very successful to lay out this added monthly expenditure right up front...
In 4S Ranch, for example, the taxes paid by the potential home Buyer are approximately 1.7% to 1.8% of the purchase price annually including the Mello Roos, which is a tax base that provides the money to build and improve exisiting infrastructure. It basically pays for the improvements and the construction and maintenance costs of the parks, community pools and walking/hiking trails, new schools, roads etc.
In Del Sur that percentage averages 1.9%
Just figuring out a simple Buyers Net Sheet will provide a pre approved Buyer the information they need to detemine if setting aside that much money in taxes each month is something they want to commit to.
The fact remains... Buyers LOVE the lifestyle that this new area of Rancho Bernardo affords them! They love the schools being brand new and the neighborhoods just "feel" good to them...
I always let my Buyers "experience" 4S Ranch and Del Sur and decide for themselves...More than likely, if they like it, they will buy it and make the tax base work in their budget...
If you haven't experienced the NEW Rancho Bernardo, just drive on out on Camino Del Norte, towards the ocean. Check out the huge shopping Center at 4S Commons and then continue on out to Del Sur.Email me to set up a personal tour of the area at Gina@GinaYoungren.com.
You will feel the difference!
The coastal breezes, the dedicated open spaces, the unique Town Center feel created by back loading garages and unique home designs...
Mello Roos is here to stay...I think most will agree that the benefits of paying the Mello Roos tax outweigh any negative aspects of the sacrifice!
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