I am a real
estate agent working with a client who wants to but a luxury build to suit home. The cost of the finished home is approximately fifteen million dollars. The property is located in San Francisco and is currently an unimproved lot with approved plans for a 13,000 square foot home. The
contractor/developer says it will take approximately 18 months to build. I would like to see a
performance bond and payment bond for the
contractor/developer be part of the purchase transaction and paid for out of escrow. Does your company sell bonds for this type of situation? How do I learn more about this?