Exactly. As soon as I saw that name I knew it was fraud.

You mean DR HORRIBLE? Shitty "houses," too. My parents bought one brand new built and it has been one problem after another. I can only hope when they sell it, it will be to some other blind rubes too stupid to do their due diligence and who enjoy quirks like no 90 degree angles and crappy workmanship where Helen Keller was subcontracted everything out to the _nth_ degree using the guys one sees loitering in the Home Depot parking lot.

Omg I said the same thing we are about to build and this builder was #1 to stay away from

@Slim Pickens I wouldn't buy a new built house in the US for all the tea in China. I've lived in Europe now for years anyway and am in no hurry to move back to the states.

This is the best answer I’m a builder my self and I hate how the big companies do this We as small companies have to pay all upfront before build

Builder should be sued .

Nice houses in a new area. Unfortunately many buyers don't realize somebody has to pay for those improvements. Why should the poor family on the old side of town have to help pay for streets in the new development? If I want a paved road out to my camp property I have to pay for it. There should be a requirement to post this info on the door of a house for sale however and it should be a line item that the buyer can pay up front.

@@ab935 Paying is not the issue, knowledge is! The issue is not if these fees are paid, it is to be told they are due. The buyer may agree to pay the fees or not to buy at that price. If they don't know the fees exist, they cannot decide and wind up stuck with the fees after purchase.

@@jeisen6878 thus "post information on the door"

Off topic, but okay.....

@@AMD1 it's actually on point. These are scams on TOP of their HOAs. Horton homes builds only HOA communities.

shut the fuck up moron

@@joelpalos8293 you sound like a person that lives in one of thos HOA places and can't leave. You fit that profile.

So I bought a home in a non HOA. After 23 years it seems neighbors are getting laxed and allowing dogs to bark excessively among other things.... Solution: be upfront and confront your ignorant neighbor make him/her the discussion of the neighborhood it embarrasses them to be called out they know everyone is talking about them... as for me I'm a truck driver so I'm already used to people talking about me anyway so I have no problem w embarrassing pencil pushing liberals. In fact I kind of make a sport out of it.

Beach front property in Venice is free.

And if I am correct, that was for homes built 50 years ago, and the improvements was for construction of a new subdivision, not their benefit

But now they took your gun rights away. Canada another rotten Commie country

Yes HOA is trash. 👎🏼

No worries. With Biden and "THE GREAT RESET" no private property will be allowed. They brag about this on their official website. We will no longer own anything. If we need it we will just rent it and we will be HAPPY they assure us. There is a reason Biden took over a Billion in bribes from the communist chinese. And what do they communist chinese get for a billion dollars? A communist America. COMMUNISM: a society in which all property is publicly owned and each person works and is paid according to their abilities and needs

@@guidedmeditation2396 You're an idiot...

@@guidedmeditation2396 you are absolutely right

great idea, but not easy to find a quality home and peaceful neighbor within the suburb. Any agent will tell you no-HOA home the TX neighborhoods are eye sore

this is what happens in America when the news harps on moronic things. "fucked up taxes" is nothing new.....screaming about "racist America" is.

Nothing is worse than HOAs 🤭🤭🤭🤭😿

They shouldn't be legal to begin with.

@The Sun Goddess just because you are a racist, don’t assume the rest of the country is.

Texas is turning into California.

lol, i bet they were pissed. good for you. serves them right.

Your husband's a smart man.

Hearing a win like this makes me so happy. 😃

@Lashawnda Stephens Please explain further and consider making a video to illuminate the foul play these people play. Thank you.

Most of the paperwork we signed at closing was the same they had given us earlier which i read at home but still looked through before signing. I did not hesitate to hold things up as i read before signing. I am not going to be rushed on signing my name on anything.

hire a lawyer before buying anything as expensive as a house.

My MelloRoos was only $500 bucks a year. That was disclosed long before I purchased. But these Texas PIDs are an outrage.

But everyone in ca knows about mello roos and competent buyer ask about it even before looking at a house. Never head of pid tho...

The houses looked like they only had 10 feet between them. Awful.

@@onthehill3381 if that lol....i could stand between the houses stretch out my arms and have each hand touching a house

i am sick to my stomach of these new cookie cutter houses they're building near me

A North Texas version of The Shambles, which are in York, England!

It sounds like the contract included binding arbitration and a class action waiver. They can't sue, winning doesn't set a precedent, they can't join to sue as a class, and they likely have to pay as much for the arbitration service as they have to pay for lawyers.

You are correct. They need to be run out of biz.

@@ardemus you can get arbitration and class action waiver overturned in a court if you can prove it was included with intent to be predatory, which it seems like it was here. Judges actually quite like throwing arbitration clauses out the window. Company I work for had one, someone sued them over some shit they were doing, said they have an arbitration clause and the Missouri court AND the Supreme Court yeeted it out the damn wall like the Kool-Aid man making an exit. 🤣🤣

@@cookiedough5374 It's not DR Horton's fault.. It would have been the bank's fault, but, the truth of the matter is that it is the homeowners' faults for failing to read and understand the closing documents before they signed. If DR Horton needs to be run out of biz - it should be based on the quality of their homes. Do the American thing and stop buying their product. Problem solved.

@@droidsdeals3161 they build shoddy homes. My comment was based on that. With the net, more and more stories like this will get out and they will have issues. I agree that these people should have understood what they were signing. DR sells to the bottom end, so a majority of their buyers don’t, or can’t read.

This.

Blame Texas for allowing it to happen.

*their hands. "there" is a place.🙄

Racist fucker ~

Nice houses in a new area. Unfortunately many buyers don't realize somebody has to pay for those improvements. Why should the poor family on the old side of town have to help pay for streets in the new development? If I want a paved road out to my camp property I have to pay for it. There should be a requirement to post this info on the door of a house for sale however and it should be a line item that the buyer can pay up front.

@@stopglobalswarming Nice racist comment there idiot.

@@ab935 The Developer should include that in the price of the house, you are wrong, no one else has to pay for it, but instead of selling the house for $300K just sell it for $330K.

@@ab935 absolutely correct

I'd rather pay property taxes than income taxes. Plus this is a situation where you choose to be in a place with a high tax rate.

@vivian celest Its 3% but go off sis. Lol 😆 plus I can make 200k a year and only live in a 100k house if I wanted.

@vivian celest I've yet to see anywhere with a property tax rate higher that 3.4% with most places being around 2% or lower

@vivian celest That's an 8% increase in property taxes as in you currently pay 2% and it goes up to 2.16% you idiot.

The Demicans love their taxes and the Republicrats love their wealthy friends and will do anything for them. Neither party favors the middle class anymore.

Mello Roos is rare though.

I bought a New home in 1998. Of course they don't tell the buyers about it. That was in the Inland Empire. I'm now by Disneyland. I told my son about it. So he will know when he is ready to buy a home.

@@lindas.3791 In California, part of the documentation is what is called Discovery. Is something isn’t in Discovery, there is a remedy, the seller is responsible for damages. We HATE all the laws in California, but the laws can be helpful.

@@sfrealestatedealmaker6001 Perhaps in San Francisco where the land is almost totally built out, but in new develops in new areas in California, Mellow Roos is common. Some jurisdictions allow the buyer to pay the full Mello Roos TAX upfront and avoid the yearly tax. But not everywhere. As I said earlier, the buyer needs to beware and be informed.

Mello Roos and homes built on leased land that the homeowner has to pay rent for the land their home sits on.... Cali is a mess

Exactly! This is the bottom line of it all!

the lawyer should notice this upon inital contract perusal and inform buyer- I live in NJ where $10k per year taxes are the norm but in tX an extra 30k is robbery

@@bikeman1x11 they're paying 80k, didn't you see that? 10k is reasonable.

@@0xsergy $10k is ridicualus for taxes on a modest home- my parents in TX pay $1200

This is also called Mello Roos

Try asking to get all your closing documents before closing so you have time to review them. See what you get.

DR Horton is a terrible builder.

Every builder in Texas has a PID tax. It's not only dr. Horton.

Im likely retiring to TX and will avoid any HOA or PID \

D.R. Horton homes are not well built. Stay away from them.

Nonsense. Student loans are only predatory if one is a greedy moron who chooses a worthless major.

I totally agree with you. Should be a commandment in a Financial bible.

BS! All those loans can be paid cash. It's a choice.

@@jasonandersen5975 Every loan is predatory in some way because the loan itself is worth something and whoever is loaning the money wants interest on it. It's one of the only debts that you can't declare bankruptcy on.

@@Mars-pp9cx you can, just have to do it right. Also have assets to liquidate and cover the remaining bill...

I like to avoid cities all together

it's the same PIC and HOA they just put a new name on it. haha

@@taylorcrisp3569 IN TEXAS ,THE COUNTY DETERMINES YOUR PROPERTY TAXES....IF YOUR NEIGHBOR BUILDS BIG, IT IMPROVES YOUR VALUE....!

@@Mike-ug8yc sorry i mean Mello-Roos tax

thats crazy

Just in case you didn’t realize that taxation is theft, they just spelled it out for you.

I have to laugh. Everybody wants to move to Texas to avoid taxation. And what does the Texan government officials do, exactly what California does. Don’t blame us Californians on what your state officials do.

@@stevebrannon69 Its because the people from California brought their political ideology with them. When you move away from corruption but don't change the way you vote the the place you moved to is going to end up just like what you moved from.

I doubt your AG will do nothing about the PID. Right now your AG is trying to run away from the FBI.

@@salaciouscrumb4386 good one

But you don't have an income tax right? Suckers.

this scams has been going on for almost 30 years, this is TX where you can bribe any judges and politician.. Most homeowners when they found out the high tax/fee they usually sell .

True, but homes in the Heights are so high too. You should've moved to Rosenberg or Richmond, but even now, those prices there are going up.

Why is the pid being charged interest 😱 shouldn't even be allowed to be done. Anyone ever signed for a home knows there's a book worth of paperwork you sign and it's entirely to easy to slip fuckery in there 😤

they hide the costs because if disclosed it or added to the purchase price, it would greatly reduce sales. effectively they are hiding a significant cost of the home. if when asked the price of the home they gave the cost plus pid, many buyers would simply walk away.

Lol. Yep 18,000 taxes for 850,000 home in northern NJ

im in texas and paid $6,200 for $245K home.

@@donnag7288 850K home in TX near the city/suburd would be around $25k. property is Tax is around 3.0 % to 4% depeding on the area. 2% in rural area.

Florida. 200k home $1600 tax

@@donnag7288 Jesus Christ! Wtf

Not only that, but everyone can build their own home for a lot cheaper, but they don't let you. Minimum square footages, restrictions, endless. All lobbied for by, and benefit to the large corporations. People asked for it all, by the idiots they vote into office. Corrupt two party puppet show, and the show never ends.

just like how I say on no sales tax in Oregon

Not in Nevada, we make the casinos pay for everything.

@@hse6144 Nothing wrong with that. I grew up in CT and we were always pissed that they'd never make the casinos there pay enough. Even with what the state did get from them it was a net loss on the cost of emergency services alone, let alone infrastructure, etc.

@@jblyon2 that’s interesting. It’s probably different here since we get so many tourists. We’re able to tax them on a lot of things like their hotel room. I work for a casino group with properties in Baltimore, they don’t turn a profit.

@@hse6144 The tourists are paying for a large chunk of the new Raiders stadium. Cities shouldn't be giving away anything to help make a rich NFL team owner even richer.

Have you seen Texas property tax to begin with?

Especially on stolen land

No income tax in texas Just property tax Still cheaper to live in texas than in Minnesota

@@jeffd4056 bingo. no income tax = homeowners are the ones who are basically getting 'income taxed'

That is over and above what the tax is on the lot and house. Look how many times you will be paying for that lot and house over the length of the mortgage and then forever beyond....It will be difficult for those homeowners to ever sell their house. Or am I misunderstanding and this is just a one time deal the first year.? It is still outrageous if that is the case. If it were me I would have to take a second mortgage just to pay it.

Why not? You elected the people in charge!

It's pretty common here in Los Angeles county, developers not only have to pay to have roads and utilities covered so the government is not out of pocket, but can even be required to, at a loss, dedicate a percentage of what is built to low-income housing. This is part of why a new home in Los Angeles is often around 700K to 800K range. I am not sure if it's like this all over the USA, maybe someone with broad knowledge can comment on whether or not this is unusual or common across the USA. But in Los Angeles County, basically you have to either make less than 20K a year to get (free/subsidized) housing, or more than 100K a year (to rent or buy, and frankly if you want to buy in a halfway decent neighborhood, more like 200K household income to be manageable) . It's VERY hard for people in the middle class range to get housing here. You gotta either be broke, or loaded, for it to be manageable.

@vivian celest why vote for either. Dems = corrupt, Reps = feckless/useless. Not sure why I would want to hire either of them.

@vivian celest Yes, it is outrageous. The lack of state income tax helps but not totally. I am retired and over 65 with my house paid off so I pay ZERO taxes! (Other than sales tax) The summer heat is another reason to get out of here but Arizona is like jumping into the fire!

@Juan Lopez Look into property tax deferment. I think it is all over texas but maybe not. It lets you defer your property tax until you die or sell. Whoever gets the property pays taxes due off the sale and keeps the balance. I think you have to have your property paid off to do this.

And they thought it was so great to have a new house in that hellhole development!

Enhanced revenues.

Yup, they think they can avoid taxes there, they just pay them in a more sneaky way.

Sounds like Mello-Roos in CA. However, in CA, those costs are disclosed upfront, and folks either eat the costs (which are paid monthly, along with your mortgage), or avoid those neighborhoods. Having them hidden in the fine print, and then paying interest on those costs--that's not right.

And stay out of Texas Californian. Go back home.

@@michelleevans5531 EXACTLY!

@@michelleevans5531, the only people moving are the ones who can't afford California. I'm not moving because I love my freedom.

You don't have to buy a house with Melloroos. It's not mandatory.

It's always a 'new dress on the same old pig' isn't it?

Lol, we pay $800k + to live next to our neighbors here in California. $300k? What a bargain

@@billl1127 idiot

Some people need to be close to their job or a good school district for their kids

@@stopglobalswarming No, not really. Most of us who have been here for 20 years have tripled our money. My neighbors sold for $950k and built a new house outside Austin on multiple acres.

Only if you have WSSC. Water & Sewer - www.wsscwater.com/customer-service/rates/front-foot-benefit-charges.html . That's peanuts side of what this PID did. Could be like me and have Septic & Well. Every 30 years I have to replace my water pump and equipment. When the fields go bad that's about $20 grand (Hope it's just 20 grand) to dig the new one.

Don't buy in a subdivision.

In Nebraska it's called SID or Sanitary Improvement District and people up here are aware of the costs. Long time practice here - welcome to modern America.

California calls it Mello Roos . Same thing . Adds another tax for 25 years . Very high

Never heard of a PID before this

But the point is they didn’t know that there was one to avoid it

A PID isn’t necessarily bad, it’s paying for what you need. Subdivisions without a PID may be subsidized by more urban developments which nobody wants. People need to be presented all costs in a fair manner though, and this is really a story about the developer not being upfront about the costs

More money per sq ft..that simple

@Donald Thorpe I seem to remember a German leader comparing humans to rats. Oh right, your a Texas Republican and therefore a proud racist. Sorry your butt-hurt about the Grand Wizard losing his job. I can't wait till the revisionists fix that bullshit Alamo story you dummies believe. Enjoy your flat Earth.

It is a problem, because it's extra taxes just because

@@felipeCL73 I'm not a fan of extra taxes either, but the people buying those homes should have known about the tax first. THAT was the real problem.

@2:47 it’s states they were not presented the document until closing. I don’t think many mortgage lawyers are there during the closing process. 🤷🏾‍♂️

Most people don't have a mortgage lawyer, they only have their real estate agent they count on to not get ripped off.

@@sorcelord65maybe it's different in every state, but here in CT, I have never heard of anyone not getting a mortgage lawyer. Even if you get an inexpensive house, that can still be a 200k investment. Why not spend 1 to 2 thousand on a mortgage lawyer? Also, when I went to sign all the documents for closing, my lawyer had read every page and summarized each page for me. If a new page has suddenly showed up on the day of closing, that would have been a huge red flag for her. I don't see why anyone wouldn't protect their investment into a 6 figure purchase with a mortgage lawyer. Btw I'm not rich. I do just ok so I don't have an ivory tower view on this issue.

@@Steven-ud8kz yes that could be. I’m from and live in North Texas. Dallas area to be exact. I’m also a licensed real estate agent in the state of Tx. And I can tell you. Lawyers only come into the mix with commercial property here. Here in Texas you do not have to use a lawyer to purchase your home so for that very reason I can say 95% do not. Only time a layer comes up for residential property is when a agent is feels themselves providing legal advice (practicing law) which we are not allowed to do so we advise you to speak to your lawyer. Or if it’s from a more savvy or super on edge home buyer who wants their lawyer involved in the process no matter what.

@@twoweary very true. Here in Texas agents are only trained to understand the Trec (Texas Real Estate Commission) contracts. Not practice law . Most people here do not even want to pay a commission to the agent let alone get lawyer fees involved lol

Where do you plan to go, Botswana?

Then be a renter. No problem. Your choice.

Yes, please rent. That way all your hard earned cash continuously goes to others for your whole life. 80 years old and still needing to find money to pay rent...

@@hangxiaohuz748 Because the developer probably advertises on the station or has other business connections to it. Watch that 99% of those affected will still have to pay the PID (another propaganda spin term for taxes like the word "fee") but the media will have done their due diligence to make everyone "aware" of the scam without any recompense. Local fake news spins things just as much as national and international outlets but for local interests.

It’s the kind of thing a brain-dead corporate lackey says because he thinks it makes him sound smart.

Nobody's fault but your own if you don't do your homework! 🤭🤭🤭🤭😉😈

@@hangxiaohuz748 Woman? I thought it was a pig in a dress! 🤭🤭🤭🤭🤭

got 40 acres in Oklahoma i pay 735 a year property tax with a 4 bedroom house and 3 barns on it

@@JASONHJEFFERSON Jason what’s the catch? What I mean is there’s gotta be something you pay more than other areas otherwise we would all go over there now. Is it higher utility rates? Insurance?

@@edo153 none really i pay income tax but i usually get a refund on it and i own my land and home outright. Oklahoma does have sales tax on everything. im a truck driver so i can live anywhere i choose

@@edo153 and my electric is low but i make my own with solar and wind the winter months i end up with a negative electric bill

Oklahoma is a great place to live if you got a 100 percent va disability rating get a tax exempt card pay no property tax and car tags are 6.50 a year

I moved here from NM and cost of livng is definitely higher, but so is the standard.

You wouldn’t happen to live in the Boise area, would you?

@@steakwilliams4448 I've been all over the state, and yup.

Because it would have made the home appear to be more expensive and the seller would rather not be upfront about that. Apparently, the mortgage documents mentioned the PID in the fine print, but not the amount.

@@BradHouser You are correct

Sucker bait.

So sleazy. PIDs are in almost all those new flashy Frisco and Prosper developments...

because $30,000 is 10% of the cost of a $300,000 dollar home. i suspect most buyers would have walked away on the additional premium alone. it's straight up dishonest.

With 0% income tax, the state needs to get money another way. Property taxes are going to go up in Texas. It all evens out eventually.

@Ellim Garak there are red and blue states and no that's not true. Not only are states like CA not actually wealthy but they certainly are not able to subsidise neighboring states. Though not a hard rule red states tend to do better financially than blue.

Uhhhh TX has had the highest property taxes in the nation before the California influx happened

Here in Florida a lot of home builders like CDDs (like PIDs) but a builder like Adams Homes does not but their homes are $20k+ more than those other builders (+ they give you bigger lots) so the buyer has to look around & ask questions.

I love how people say California is a liberal hell hole I pay more in sales tax in Alabama then I did in California and California does not tax groceries . Also California requires full disclosure with real state . The PIDwould of had to been disclosed and with the price. So No this is not a California thing as California has stronger consumer protections

Or read what your signing, it was a sneaky thing to do, unethical yes but not illegal, they make those contracts long and boring for a reason but where u sign it says I have read and fully understand this blah blah blah

Didn't they say at closing? Without any actual disclosure of price??

It probably showed up somewhere, but as the vid shows the statement about it did not mention a dollar amount.

@@niceguy6837 doesn't say how much though.. they just say it'll be added onto taxes. that's the prob

Very true but they only do what regulators allow them to get away with..

@@evnejg94 Lol regulators in Texas? Who would those be?

D.R. Horton subdivision are everywhere down here in south Louisiana.

Not necessarily what regulators allow them.For example: in Walton Co. Florida they faced challenges as fluent residents in a subdivision which had already been built 1/3 and had HOA in place, fought back. Obviously, these people had the money to fight them and not only the people won, but in the midsts the county found that DR Horton was building without permits; just parts of the built.

Hell yea

That's actually not too bad. I live in a MUD in TX my property tax rate is about 3% but I also knew what I was signing up for lol

Mello Roos pay for new schools. My dad bought a new house for $950k. It added $800/month onto his property tax. He’s paying $1800/month between the two...and his mortgage.

Also - property taxes are lower in California and capped. Your agent should be asking the sales office if there is a PID or any other fees.

California isn't responsible for the tax.

@@LJRoss-zv8hw people love to play the blame game. Today it's California tomorrow its Washington State

@@popcorn8153 , I agree.

This has nothing to do with california. More to do with greedy companies.

@@str8tbummin,yep. Too much jealousy.

Exactly. It's not some new tax it's just gone from being included in the price of the home to separated so the builder can make the homes appear less expensive. Has been going on for years in FL known as CDD fees

@@rightoftheline6521 I'm amazed that people didn't know this was what they were signing up for. They must have either had no real estate agent or a really bad one. I live in a MUD and knew when I bought a house here that there's a 20 million dollar bond that has to be paid off through my property taxes. I don't blame counties and developers to use the strategy its a great way to fast growth and I'm gonna pay for it either way anyway.

Yes, it's called DECEPTIVE TRADE PRACTICES which is a $50 term for LIARS.

there is a fed gov law that say you must be told all cost

I pay more living in Texas (temp for work). Than I did in LA, Cali! Because day to day life was cheaper grocery, liquor, gas was cheaper because I drove less!

They are, notice how those houses were around 300k, which can get you a shoe's box to live in Cali

@@felipeCL73 looks like you didn’t watch the video!😂

@@BrandonCorby-wr5nd exactly! People don’t consider employment opportunities either. Very surface level thinking with the whole tEXAs gOoD CaLi BaD argument

@@projectgtp9186 I'm obviously not counting the theft of tax

Wrong. It's a classic case of you're paying more than you expected. Those homes were not low to begin with averaging 300k to start...not anywhere like free.

So true!

They should have to pay for their own infrastructure. Usually the costs are passed on to all tax payers in the county. How is it fair to pay for someone else’s road or school or fire station you won’t benefit from? California has prop 13 which caps property taxes to rates at purchase time whether it was 1980 or 2020. Things have to get built and there are costs you can’t make up collecting from someone 10 miles away who bought their place in 1985 in California. In Texas, homeowners are just driven out of their houses because they have to pay for someone’s new road in their exclusive, affluent new subdivision.

Lol

Yes? Don't like your McMansion?

I purchased a home in CA many years ago. They had on their advertisements "NO Mello Roos" and were up front about it. Obviously, it was built into the home price. But when I sold the house, I made a profit. A Win win.

@@TheFoxwiz mello Roos are for new schools. If the area has new homes but the schools are already in place, there aren’t mello Roos.

@@ErikaLaGrande A Mello-Roos allows a local county or city government or school district to sell bonds in order to finance a specific project or service. Projects permitted under California law range from infrastructure improvements to police and fire services, schools, parks, and childcare facilities.

Reed states also tend to have weaker consumer protection laws.

@@Rhaspun wrong

Calif is a commie S H I T hole

Ya people don’t realize that property taxes are insane in places like Austin and Dallas. People just look at the no-income tax and lower housing prices but overlook that detail

@@redpillsatori3020 Even in Houston TX

You should not have to pay for something without knowing upfront what it is for and how much.

It’s not just for large homes, the PID or SID (Sanitary Improvement District) applies to many different home levels.

It applies to apartments, townhomes, and other high density housing too...