Author Topic: Comparing Mello Roos and HOAs  (Read 21712 times)

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Offline 0$

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Re: Comparing Mello Roos and HOAs
« Reply #15 on: June 16, 2014, 03:23:15 PM »
 :D
« Last Edit: August 27, 2014, 12:40:17 PM by OpenToTheSky »

Offline c4

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Re: Comparing Mello Roos and HOAs
« Reply #16 on: June 16, 2014, 06:23:44 PM »
Woodbridge Parkside HOA 82(master)+266=$348

Offline 0$

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Re: Comparing Mello Roos and HOAs
« Reply #17 on: June 17, 2014, 07:20:27 AM »
8)
« Last Edit: August 27, 2014, 01:01:39 PM by OpenToTheSky »

Offline ps9

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Re: Comparing Mello Roos and HOAs
« Reply #18 on: June 17, 2014, 08:37:37 AM »
Here's the link to the HOA database at the city of Irvine webpage:

http://www.cityofirvine.org/cityhall/cd/planningactivities/zoning/hoa/default.asp

There's a map and pdf list of all the HOAs in the city. 

Hey if I post my HOA, you guys will know where I live.  I don't want test knocking on my door telling my to consolidate my posts.

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Offline test

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Re: Comparing Mello Roos and HOAs
« Reply #19 on: June 17, 2014, 08:39:48 AM »
Hey if I post my HOA, you guys will know where I live.  I don't want test knocking on my door telling my to consolidate my posts.

No, I will take pictures of you parking in the motor court.

Offline ps9

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Re: Comparing Mello Roos and HOAs
« Reply #20 on: June 17, 2014, 08:47:22 AM »
You mean 'piazza' 


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Offline ps9

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Re: Comparing Mello Roos and HOAs
« Reply #21 on: June 17, 2014, 08:49:21 AM »
Another helpful data point would be the expiration dates of the bond.  There's a number on the property tax bill.. maybe we can call them to see if they have a master list of all the MR (including expiration date) in Irvine?  Should be public data no?

Offline irvinehomeowner

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Re: Comparing Mello Roos and HOAs
« Reply #22 on: June 17, 2014, 09:17:32 AM »
I don't think there is a public master list of the expiration dates of the bonds, you have to call each one to get that.

Maybe test knows.
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Offline paperboyNC

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Re: Comparing Mello Roos and HOAs
« Reply #23 on: June 17, 2014, 09:27:26 AM »
Another helpful data point would be the expiration dates of the bond.  There's a number on the property tax bill.. maybe we can call them to see if they have a master list of all the MR (including expiration date) in Irvine?  Should be public data no?

Mello Roos is really annoying in the disclosures. The HOA sends out financial statements and is accountable while the Mello Roos seems to have no accountability. I know I have 3 Mello Roos that each expire at different times. I'm not sure if the years start when they build the home, I buy the home or when the whole community is built out?

Offline 0$

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Re: Comparing Mello Roos and HOAs
« Reply #24 on: June 17, 2014, 09:40:16 AM »
 :P
« Last Edit: August 27, 2014, 01:29:12 PM by OpenToTheSky »

Offline test

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Re: Comparing Mello Roos and HOAs
« Reply #25 on: June 17, 2014, 09:47:32 AM »
Another helpful data point would be the expiration dates of the bond.  There's a number on the property tax bill.. maybe we can call them to see if they have a master list of all the MR (including expiration date) in Irvine?  Should be public data no?

Mello Roos is really annoying in the disclosures. The HOA sends out financial statements and is accountable while the Mello Roos seems to have no accountability. I know I have 3 Mello Roos that each expire at different times. I'm not sure if the years start when they build the home, I buy the home or when the whole community is built out?

The MR manager sends out quarterly reports.  To the bond holders.  Since you are the debt consumer (slave) you don't get squat.  It would be like sending out the HOA report to Juan the guy that mows the association lawn.


Offline scubasteve

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Re: Comparing Mello Roos and HOAs
« Reply #26 on: June 17, 2014, 03:44:42 PM »
WBE

Mello Roos: $226
HOA (Detached): $134
Total: $360

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Offline ps9

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Re: Comparing Mello Roos and HOAs
« Reply #27 on: June 19, 2014, 10:32:07 PM »
Not much luck in finding info on Mello Roos maturity date.  Only this turned up:

http://www.cityofrsm.org/depts/finance/cfd/gis_search.asp

If you live in RSM, you can punch in your address and whoila!  The CFD will pop up along with the expiration date.  Irvine does not have one, nor does any other OC city that I can find. 

If you have the 1915 AD Bond VN on your tax bill, you can request info here:
http://www.willdan.com/financial/emailPropertyOwner.aspx

Offline ps9

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Re: Comparing Mello Roos and HOAs
« Reply #28 on: June 19, 2014, 10:57:57 PM »
Just found it...

Mello Roos R2 = IUSD CFD No 86-1; expiring 9/1/2020
Mello Roos R4 = TUSD CFD No 97-1; expiring 9/1/2038
Mello Roos R8 = IUSD CFD No 06-1; expiring 9/1/2035

http://ttc.ocgov.com/proptax/infofaq/mello_roos_information

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Offline ps9

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Re: Comparing Mello Roos and HOAs
« Reply #29 on: June 20, 2014, 03:43:33 PM »
Mello Roos R0 = IUSD CFD No 09-1; expiring 9/1/2051  :o

 

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