What should I know if Im listing a home that is located in an SSA?
When selling a home that is located in an SSA, its important to take the assessment into consideration when determining the listing price. Keep in mind that since the homes infrastructure costs arent rolled into the cost of the home, the homes listing price will be lower than a similar home that isnt located in an SSA. However, if the homeowner has prepaid the assessment, the home should be listed with those costs included, just like a similar home thats not in an SSA. A home with a prepaid assessment is a benefit to a potential buyer because, while the home will be listed for a higher price than similar homes without prepaid assessments in the subdivision, the potential buyer will be able to deduct the mortgage interest, unlike the SSA assessments, on his federal taxes.
