[nanci2539]

I posted this on another thread concerning the TV bond.

We had our home built here in IL. The builder/developer became a good friend and we socialize with him and his wife often. When we visited TV a few years ago, we were turned off by this "bond" thing!

Over dinner, I asked our builder friend why TV had this bond as it was the only place we looked at in FLA that had it!

He kind of smiled and said that when you have a home built; regardless of where you have the home built; you are going to pay the infrastructure costs. It's rare that it's separated as most developers/builders put it in the price of the home. In has vast circle of friends, he doesn't know one developer with deep enough pockets to pay for the roads; utilities wires, water lines, etc. I asked him what it would have cost me if he, the builder, paid for the "bond" (they don't call it a bond here, they don't call it anything_. He replied "if I paid for the cost of the infrastructure, deduct $20,000".

So, the way I look at it, TV is just being up front about it. Maybe they should rethink this and just put the cost in the overall price of the home.