Tuesday, August 4, 2009

Home Warranty - What's the Big Deal?

Many existing homes that are listed on the MLS by a Realtor are advertised with a Home Warranty. While this is a very beneficial thing to have, (trust me, we used ours once or twice!) it is usually good for only a year and covers only major items with a deductible. In fact, the word deductible insinuates what this warranty actually is - insurance. It is an insurance policy so that you have a little peace of mind that the seller is not selling a house with a ton of problems. Nothing would be worse than moving in and having the air conditioner break the next day!

So, I think, sometimes, it just doesn't seem like a big deal when we explain to people that we offer a New Home Warranty with the homes here at Timber Run. It's expected that all homes have a warranty. However, I'd like to take just a minute to explain why ours is so different than the traditional Home Warranty for existing homes.

The warranty we offer on our homes has a 2 year, what I like to call, "Bumper to Bumper" warranty. So, if really anything goes wrong in the first 2 years, we'll handle it. We warrant that your Home will be free from Defects caused by faulty workmanship or defective materials; faulty installation of Plumbing, Electrical, Heating, Cooling, and Ventilating Systems, or poor workmanship and materials in its roof and roof systems. For fixtures, appliances and other items of equipment, the Warranty is good for one year. Then, during the next two years, the defects caused by poor workmanship in the roof and roof systems are still covered. Finally, Major Structual Defects are warranted for ten years! Now, of course, these warranties are all in addition to the manufacturer's warranties on the items installed in your home, such as the HVAC unit, water heater, etc.

So, while we can't make the inside of your home completely maintenance-free, like the outside, we can go along way to making sure you don't have to deal with problems that may arise in a previously owned home. Next time you're shopping for a new home, whether existing or considering building from scratch, be sure to ask about the Home Warranty. They are NOT all the same!