The first thing real estate agent can impressed on me regarding my new-home construction, to hire an inspector to come back at various stages of construction to review the progress. But just as important as those periodic inspections are getting a builder’s warranty for your new home. some builders offers from one-year to twinity -years warranties that cover workmanship, garage doors, heating and air, plumbing and electrical, light fixtures, roofing, structural elements, and more. That’s enough coverage for most of us . But if one decide that he/she want more coverage, such as for appliances or the garbage disposal, you can buy my own additional warranty closer to move-in time — and I just might! Here are three reasons why all new-home construction should come with a warranty.
1. Peace of mind for buyers
This simple reason is perhaps one of the most important. Purchasing a new home is stressful, buyers want someone take stress away, and homeowners are often keenly aware of how likely it is that something will go wrong, imagine you just spend your whole saving in order to get you a peaceful place to spend rest of your life but next day you find something you have to fix. That’s why buyers are more likely to purchase a home with warranty coverage versus one without protection — it calms their nerves.
Home builders warranties can also give you more peace of mind in your real estate business.
2. Home warranties can you protect against a variety of problems
Your new home passed inspection and was deemed fit to live in, but that doesn’t mean you won’t experience any problems, Most five typical problems that arise from new-home construction, all of which a warranty could cover: cracks in fixtures, floor creaks due to structural components, problems with electrical systems pipes or septic, defective materials (such as the seals on windows), and landscaping issues. “Purchasing a home warranty for a new-home construction provides added financial protection and peace of mind,”
2. Problems aren’t always visible when you first move in
When you’ve start lived with something (or someone!) you don’t notice problems at 1st glance but after a while, it’s natural to notice things that weren’t apparent at first glance. One example It’s only after driving a car over time that you notice those unsettling sounds when you brake, or that the love of your life regularly hits the grocery store express lane with more than 10 items. (How rude!) The same goes for new construction.
“Often, structural issues don’t become apparent until after the work has been completed and the house has been lived in for a while,” And if you do notice later that something’s amiss, you’ll be hard-pressed to get the builder to do anything … “ Only if you have a home warranty, the builders would be required to return and finish their work or provide the homebuyer with a refund for the work that they carried out,”
Of course, you’ll need to read your warranty agreement to determine just what the builder’s obligations are, what your maintenance responsibilities entail, and what the warranty covers. A builder’s warranty might not cover everything (a pool is a common exception), so you may have to buy a separate warranty in addition to the builder’s warranty if you’re looking for complete coverage. Appliances, which may have their own one-year warranty, often aren’t covered by builders,
3. New construction homes can be rushed
Ideally, your builder will treat your project as if they were building their own home. But just even if you might miss something or take a shortcut at work after a long day, so can your builder too. In addition, new materials need time to settle (after the foundation is poured, for example, it can take two to four weeks to cure), and builders with aggressive schedules might feel pressured to move forward earlier than they should.
It’s also possible that your builder subcontracts work to people who don’t specialize in new-home construction. Inexperienced subcontractors might omit steps that more advance builders wouldn’t, such as blocking off vents to the HVAC system, which stops construction dust from clogging the unit. “Maybe the water heater wasn’t installed correctly or the wiring of the home was not completed correctly,” For these cases, it’s best to have a builder’s warranty.
Now that you know why it’s best to get a warranty for your new home, how do you go about getting one? Step one: Ask your builder (before work starts!) if a warranty is included. If not, you can buy your own warranty for a few hundred per month, he says.
Warranties are usually divided into different terms, such as a one-year warranty to cover materials and labor only; a two-year warranty that cover plumbing, electrical, heating, and air; and a 10- or 20-year warranty that covers structural defects that include foundations and load-bearing walls.
For a professional advice on home warranties contact us firstname.lastname@example.org