merchandise bonds

[Zippohunter]

Anyone know what "Merchandise Bonds" are when upgrading through builder?  For example:

Total Upgrades - $50,000
Merchandise Bonds - $15,000

Balance - $35,000

I have no idea what it is but if it means potential savings then I am would like to get educated and pursue it.

Thanks in advance

 

[lnc]

Sounds like it's just a deposit for upgrades.  Most builder will ask home buyer to place a deposit, part of totally upgrade cost, upfront. 

For Irvine Pacific homes as an example, most of upgrades require a 20% deposit. 

 

[Zippohunter]

Naw...they have deposits too.  This is something else.  Thanks for your reply though, appreciate it.