Talk of The Villages Florida - View Single Post - New Home Purchase Question
View Single Post
 
Old 02-27-2019, 10:32 AM
New Englander New Englander is offline
Soaring Eagle member
Join Date: May 2017
Location: Massachusetts, Pinellas, Now Sanibel
Posts: 2,191
Thanks: 744
Thanked 1,440 Times in 502 Posts
Default

Quote:
Originally Posted by Dan9871 View Post
It pays for common things like streets and sewers and other infrastructure things.

In some parts of the country, like here, a builder, in effect, take take a loan to build this stuff and then, in effect, partitions out that loan to the buyers of the homes in the development. In other parts of the country those costs are just buried into the price of the house.
Thanks