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2
General Real Estate and Mortgage Talk / Re: Property tax
« Last post by jmoney74 on Today at 04:04:44 AM »
I have impounded taxes previously on my homes and when you sell the property, at closing, they return back whatever was not paid to the county.  Now I pay twice a year - Nov and Feb.  I don't impound taxes anymore.  Let's say you sell the house, around in Dec or March (right after taxes are due), you just get robbed of paying correct?

Escrow calculates what you owe and the buyer to the day and refund the overage to you if you have already paid.

Do you know how they calculate what you owe?  I.e. Taxes are due twice a year; once in Nov and once in Feb. Let's say you just paid in Nov and you sell the house in Jan, they you won't be on the hook for Feb payment.  But do you get a refund?

But let's say you just paid taxes in Feb and then you sell the house in March, do you get any refund?  Trying to understand the process since there is only three months between the first due date in Nov and the second due date in Feb.


you will get something back. They will calculate who needs to pay whatever portion the seller and buyer are responsible for.
3
Irvine Real Estate / Re: 3rd Park in the Great Park
« Last post by someguy on Today at 04:00:00 AM »
Oh man, spa like amenities.  Just in time because I was getting pretty tired of resort style living.
4
General Real Estate and Mortgage Talk / Re: Property tax
« Last post by lovingit on Today at 03:52:31 AM »
I have impounded taxes previously on my homes and when you sell the property, at closing, they return back whatever was not paid to the county.  Now I pay twice a year - Nov and Feb.  I don't impound taxes anymore.  Let's say you sell the house, around in Dec or March (right after taxes are due), you just get robbed of paying correct?

Escrow calculates what you owe and the buyer to the day and refund the overage to you if you have already paid.

Do you know how they calculate what you owe?  I.e. Taxes are due twice a year; once in Nov and once in Feb. Let's say you just paid in Nov and you sell the house in Jan, they you won't be on the hook for Feb payment.  But do you get a refund?

But let's say you just paid taxes in Feb and then you sell the house in March, do you get any refund?  Trying to understand the process since there is only three months between the first due date in Nov and the second due date in Feb.
5
Irvine Real Estate / Re: 3rd Park in the Great Park
« Last post by Maserson on Today at 03:47:04 AM »
Wonder if it's the same buck nekkidness. Awkward to see your neighbors that way.
6
Irvine Councilman Lalloway accuses colleagues of anti-Semitism over meeting date

http://www.ocregister.com/articles/meeting-730485-council-shea.html
7
Irvine Real Estate / Re: Property Tax Bills are here!
« Last post by qwerty on Today at 03:26:57 AM »
Has any homeowner attempted to deduct Mello Roos tax as a federal income tax deduction? If so, what was the outcome? Just asking for a friend. :)

Everyone deducts it.
8
Irvine Real Estate / Re: Decision - Helena Res 3 vs Petaluma Res 1
« Last post by lnc on Today at 02:55:51 AM »
Any recommendations or thoughts on the whole priority list process?

Once you got pre-qualified, you will be added to the priority list.  And once a new phase is released, the sale office will call people on the priority list to offer them a home.

However, a buyer's standing on that priority list is a total secrete and how the sales office pick their buyer for each release is a total mystery. >:(

You can read more here:

The Mysterious Priority List

Eastwood Village Waiting List- How long before you got a call?

I heard Petaluma still has quite a list of people on their priority list and there will be bit of wait before they offer you a home.  So just get pre-qualified ASAP and good luck.
9
Irvine Real Estate / Re: Property Tax Bills are here!
« Last post by Changer on Today at 02:47:29 AM »
Has any homeowner attempted to deduct Mello Roos tax as a federal income tax deduction? If so, what was the outcome? Just asking for a friend. :)
10
City Hall / Re: Sexual Battery & Kidnapping Attempt at Irvine Spectrum
« Last post by Fred on Today at 02:01:55 AM »
I think a 6 month wait is not bad, because it is not like you are going to be spending your time just waiting. I assume you just fill in your application and wait for an interview. In 6 months, you will be 6 months older anyways, so you may as well wait if you want it. If you fail, you take it again. If you decide not to apply, there is a 100% chance of not getting a firearm, so you may as well take the shot (pun intended).

Just staying protected is necessary nowadays. When people say not to carry a weapon, what happens when some person threatens someone you care about? Let them die?

Different arguments for different people.
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