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You are correct. It was an Orangeburg sewer pipe. I want to believe she didn't know. I imagine it's difficult to research every single area of every place a buyer is interested in seeing. I think my feelings of betrayal were more based on her response (or lack thereof) after we told her what was going on.
Thanks for the advice on finding a new Realtor! I'm thinking of signing with one I met recently. She came from a referral from a neighbor who is also listing soon. So far, she's been great.
mj
Quote:
Originally Posted by Silverfall
I honestly bet that she didn't know. One of the serious problems in the real estate industry is our failure to properly train our agents before unleashing them on the public. We know this and many agents are really trying hard to get our agents better trained and advocate for tougher entry standards.
I assume it was an Orangeburg type of product that failed.
If you are getting ready to list, I encourage you to interview several agents. Look at their marketing materials online before you decide who to interview. There are many great agents out there.
Everytime the people make head ways,the local government always finds ways around it, prop 13 was dismantled in a way, if Mello Roos is so great,then way is it in the natural hazard handbook? Most people hate Mello Roos, most people and I don't buy that it helps, it's just another excuse to take money out of people's pockets, we're all over tax, yet the government keeps on complaining they need more money! They always get their way, yet nothing ever changes! The streets and schools are still a mess, so where is all this money going??!! It is obvious that taxes in it's self is a waste,the money is being used by local governments to play with. If Mello Roos is for new houses to pay "their own way" Then explain way new houses right next door to Mello Roos houses built at the same time don't have one? And no, they did not add it to the cost of the house,because they are selling these house for less then half then the other houses, proof that Mello Roos is not needed. That is not fair that thoses people don't have to pay for using the same schools,fire dept,ect as we do, and not pay for it.
My understanding is Mello Roos is a way to defer costs to the buyers over time instead of collecting from the builder/developer at the time of construction. It is also a financing tool... similar to paying back a loan.
Cities have jumped on the Mello Roos Band Wagon because it provides another revenue stream... it is not really new... just much more wide spread.
A good friend was required to bring in a sewer line so that he could build his luxury home back in the early 1970's... He spent $40,000 to bring it in and 9 undeveloped lots in the area were now worth more because of the new sewer proximity....
The city allocated the cost of $4,000 per lot as the fee my friend could collect if any of the lot owners built within 10 years... some paid my friend the 4k and built... others waited 10 years and were able to hook-up without paying my friend... it is just the way it was set-up...
My point is there are always costs... just depends on who pays and when...
Your best protection is to understand what you are buying and the financial commitment your purchase requires... I have never bought into a Mello Roos project... I have owned property where the owners are responsible for the roads...
It is a lie, California law states... a property owner and builder must disclose it to a buyer, or they can and will be sued to pay the entire Mello Roos off, agents also must run a title check on a property to find out all the taxes on it, so it can be taken into account what the person purchasing the property can afford,that does not sound like " just higher taxes",Mello Roos is just another excuse to get money out of people, we already have property taxes, Mello Roos was created as an excuse because they can't raise our taxes by more then 2 percent a year, so in retaliantion,Mello Roos was created. Property taxes pay for what is needed in a neighborhood, why else do we have it?? The people who created the Mello Roos will tell people it helps pay for things needed, yet.. why are they so high??? Triple regular property taxes. Many people in my neighborhood lost their houses because they were not told about the Mello Roos, it added 100's more to their mortages payments, this is not a joke!! This is serious!! I am going to get a petition going to make everyone involved in the housing market to tell people in writing about the Mello Roos, playing the "dumb card" is unexceptable!! I also hope someday to dismantle this Mello Roos, our state goverment needs to use our regular property taxes, stop using the money carelessly, then they will have the funds to do it, they're like a out of control spending child, they need to be put on a budget!!
If you find it in you, to dismantle MELLO ROOS, i love you, can you do it now. What are some ways, that could begin this process.
This past April my husband and I purchased a house with a Mello Roos that was kept from us,after we stated many times against a house with a Mello Roos, finding about the Mello Roos after we closed escrow, my agent knew about it and kept it from us.
I was contacted a few months ago by an attorney for both the real estate agency and the insurance, he took all the evidence I had and did his own investigating and recomended that they pay the Mello Roos off, every cent.
I can say with happiness that our home no longer has a Mello Roos!!!
Goes to show if people would just stand up for their rights instead of believing they have no choice but to "eat it", This world is full of wrongs that don't have to be if everyone would just fight, yes, it can be hard, but the rewards are well worth the it!!
I hope people read my story and realize that if they are screwed over by their agent,they don't have to take it, I have found out that many people are finding out after they close escrow that their house has a Mello Roos.
Like I said in my last post, it is illegal what was done to us and it is illegal what is happing to others, when you go with an agent it is his\hers responsibility to find out about Mello Roos and other issues with a house, that's why real estate agents must have a license, they are dealing with people's lives.
Christina 76 I live in San Bernadino County and the same thing happened to me. Did did you find an attonery to help you or did you end up doing it yourself? I am going to lose my house if I do not find a way to get this fixed. Please help anyway you can?
This past April my husband and I purchased a house with a Mello Roos that was kept from us,after we stated many times against a house with a Mello Roos, finding about the Mello Roos after we closed escrow, my agent knew about it and kept it from us.
I was contacted a few months ago by an attorney for both the real estate agency and the insurance, he took all the evidence I had and did his own investigating and recomended that they pay the Mello Roos off, every cent.
I can say with happiness that our home no longer has a Mello Roos!!!
Goes to show if people would just stand up for their rights instead of believing they have no choice but to "eat it", This world is full of wrongs that don't have to be if everyone would just fight, yes, it can be hard, but the rewards are well worth the it!!
I hope people read my story and realize that if they are screwed over by their agent,they don't have to take it, I have found out that many people are finding out after they close escrow that their house has a Mello Roos.
Like I said in my last post, it is illegal what was done to us and it is illegal what is happing to others, when you go with an agent it is his\hers responsibility to find out about Mello Roos and other issues with a house, that's why real estate agents must have a license, they are dealing with people's lives.
christina76, Thank you so much for sharing your story and experience, this is valuable information that can help and educate us all. Many folks in the real estate industry are just out to make a buck on other peoples expense without regard as to who will they screw in the end, you fought for your rights and you prevailed, (a standing ovation) Congrats! !
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you fought for your rights and you prevailed, (a standing ovation) Congrats! !
