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Forums > Community > Real Estate
Subject: Impact Fees
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keith701User is Offline

Posts:18

02/24/2008 12:09 AM Alert 

Can someone explain to me what impact fees are? My builder can't tell me what they are or if I have to pay them.

MarniUser is Offline

Posts:437

02/26/2008 5:48 PM Alert 
I think they are for road, police, fire and the like.
"Wait a minute. What did you just say? You're predicting $4-a-gallon gas? ... That's interesting. I hadn't heard that." --George W. Bush, Washington, D.C., Feb. 28, 2008
BSpearsBdyGuardUser is Offline

Posts:124


02/26/2008 7:33 PM Alert 
Impact fees are already included in the price of your house. The builder pays them at the time of permit. If your house is $190K, roughly $4,000 of that is impact fees if memory serves correct. Impact fees pay for public safety, parks, libraries, roads and 2 other items based on what my Fulton Homes rep told me.
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Forums > Community > Real Estate > Impact Fees



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