InnoVest Resource Management's Foreclosure Forum

Home Discussion Board "Hands-On" Training Title Holding Trust Annual Reunion Speaking Schedule Store Foreclosure Fundamentals Code References 50 State Foreclosure Basics Foreclosure Glossary Foreclosure Statistics 70+ Yrs Interest Rates Fillable Forms Archived Articles Dingbat Retirement Plan Links Contact / Map About Us Home

[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Alternate APN Posted by 427 on February 25, 2011 at 11:23 AM In Reply to: Re: Alternate APN posted by Rick, the Probate Guy on February 24, 2011 at 2:52 PM Interesting stuff. Do you think a condo in a Mello Roos district is more likely to have more than 1 APN number? The effect maybe being that you own more of the land than the typical shared fraction of the total subdivision? My theory is that it generates more tax revenue if you paid on the shared land plus say a back yard with a different APN number. This would cause uppers units to be worth more not only because most people seem to prefer them, but they would pay less tax for the same sized property. As you have probably guessed this is not an area of real estate I am that familiar with. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : Interesting stuff. Do you think a condo in a Mello Roos district is more likely to have more than 1 APN number? The effect maybe being that you own more of the land than the typical shared fraction of the total subdivision? My theory is that it generates more tax revenue if you paid on the shared land plus say a back yard with a different APN number. This would cause uppers units to be worth more not only because most people seem to prefer them, but they would pay less tax for the same sized property. As you have probably guessed this is not an area of real estate I am that familiar with. [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

Information provided by this website is for informational purposes only and is not a substitute for professional advice. Please consult your investment advisor and/or attorney before entering into any transaction. Read our privacy policy.

Copyright © 1997-date("Y"), InnoVest Resource Management
http://www.foreclosureforum.com

InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455