No matter if you are a homeowner, real estate agent or builder, a home warranty can take the stress out of home building and ownership by adding a layer of security. A warranty, which is separate from homeowner’s insurance, covers major appliances and systems that may break down or malfunction due to normal wear and tear in addition to your home’s foundation. When deciding between coverage options for your Atlanta new homes, it is important to look for one that will cover appliances, systems and structural defects.
With 2-10 Home Buyers Warranty® (2-10 HBW®), when a covered systems breaks down, a claim can be made either online or by phone, and 2-10 HBW will swiftly dispatch a contractor to make the repair. Warranties help limit the cost of repair, eliminate the hassle of finding a trustworthy contractor and replace an unfixable item.
Warranties can also be extended to other areas of the home including workmanship and structure. Exactly what a warranty covers, however, will vary based on few factors.
Structural Warranties: If your home is newly built, oftentimes the builder will offer a structural warranty, or home buyers can request them. However, it’s important to consider all of your options.
For a homeowner or builder, a warranty from a solid, insurance-backed provider gives you a contract that is clearly designed with 24/7 customer service for questions or claims. For builders, warranties can also offer a strong position in the market that will differentiate your business.
2-10 HBW offers a 10-year structural warranty for new homes that includes insurance-backed structural defect coverage on qualified load-bearing components beginning on the day of closing. This is one of the most used and best recognized warranties in the industry. 2-10 also offers a one-year and two-year surety coverage on new homes, which cover workmanship for one year and systems for two years respectively, should the builder be unwilling or unable to fulfill their warranty obligation.
Resale Warranties: These are provided at the closing of a sale by either the seller or real estate agent. Resale, systems and appliances warranties generally cover the repair or replacement of the most likely home appliance and system breakdowns, including all major systems and major appliances. This type of warranty can help agents make their listings stand out and give their buyers a sense of confidence.
For more information on all of our warranty offerings, please visit www.2-10.com.