USCTrojanCPA said:
How much is the HOA out there?
Ours is $185/mo. Pays for manned guard gate, 2 pools, 2 tennis courts, private park, b-ball court and separate sports court. Community is 403 homes --- all SFR's. If I recall Sorrento (rkp's friends community) was around $220/mo for roughly the same ammenities. Our effective tax rate (with dumb city of LA supplemental taxes) is 1.22%. No mello-roos. Shapell Homes is awesome. They build similar stuff to Porter Ranch in both north and south OC.
I'm telling you, that lack of mello roos and redonkulous HOA makes a difference in buying power. I actually asked one of the new home sales consultants out here why the mello roos and HOA's are so much higher down in Irvine. His response? "No reason they should be, it is just
because they can --- people accept those costs getting passed on down there".