Do you own your land or TIC does?

NEW -> Contingent Buyer Assistance Program
Gohabsgo_IHB

Gohabsgo_IHB

New member
<p>I'd like to know if you own your land when you purchase a home in irvine or if it is still rpoperty of TIC. Sorry for the dumb question, but I've been told it's some kind of perpetual loan done by TIC.</p>

<p>Also, I assume the property taxes are fixed by the city. Do these typicaly stay flat forever or do some cities decide to increase the percentage (I think it's 1.04% right now) once in a while.</p>

<p>Now, what about HOA and Mello-roos? Are Mello-roos fixed for something like 30 years so they can build infrastruture, schools, ... Are HOA set by the builder and become responsibility of the owners, therefore less likely to increase in the future.</p>

<p>I'm asking all this because if the taxes, mello-roos, or HOA increase, well somwhow that decreases the face value of your property. Thanks.</p>
 
<p>Roo,</p>

<p>I really mean this in the kindest way possible but all this has been gone over before here. I am sure if you tried the search tab you would be able to find many posts on the subjects you are curious about. I hope this helps and like I said I do not mean to be rude but the search button can be your friend. If you still have questions post them here or in the original thread and the ubernerds here will be more than willing to help you out.</p>
 
does anyone know where i can information about irvine housing? a blog, maybe something with a forum so i can post questions?





ok i amused myself enough... back to work.
 
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