What is a SID? What is a LID? Why Is My Mortgage Payment Going Up?
SIDs and LIDs are additional taxes levied on homes within master-planned communities. You’ll see them in Summerlin, Mountain’s Edge, Providence & Green Valley among other large developments. Special Improvement Districts, or Limited Improvement Districts benefit from the improvements & infrastructure specific to that district. If you live in Mountain’s Edge, your additional taxes pay for…