What are Special Assessments and Mello-Roos in Chino Hills, CA?
By Keisha Hosea- KASIHomes.com, Real Estate Solutions For Real People
(KASI Homes )
What are Special Assessments and Mello-Roos in Chino Hills, CA? Many Chino Hills Home buyers come across something called special assessments and mello roos when they are searching for homes. They get all the way down to narrowing their home search and then discover this strange thing called “special assessments”and “Mello-Roos.” Special assessments are often referred to as Bond Act of 1911. This is the tax money that finances off-site improvements such as streets, lights and sewers. Additional special assessments may include other governmental agencies that contract with the Auditor to put their special assessments on your tax bills. The telephone numbers for the agencies are listed on your tax bill and you can contact these agencies directly for an explanation of the charges.Mello-Ro...
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