Home Buying 101 on Association Home Buying in Southern Cal

I've seen some assessments from the 1980's (when Mello-Roos was first introduced) which many of them are already paid off, seems like most of the early assessments were of a shorter duration, 10-15-20 years. Now it's not uncommon to see them up to 30 (and I've heard of, yet not seen myself 40 years) years

Like any contract/policy, it's important to know what's covered...and what's not, and while there can be a lot of similarities, not all policies are the same.

Welcome again to class, this one is on home buying in Southern California SoCal home…