When you’re in the market for a new construction home, you want peace of mind in knowing that your investment is protected. That’s where warranties and guarantees come into play. In this article, we’ll dive deep into the world of warranties and guarantees for new construction homes, helping you understand what they are, what they cover, and why they matter.
Builder’s Warranty
A builder’s warranty is a standard inclusion in new construction homes. It typically covers:
- Workmanship – This aspect of the warranty assures the owner that the builder’s work will be free from defects for a specified period. If, for example, a door handle comes loose within the warranty period due to improper installation, it will be repaired or replaced at no cost to you.
- Materials – Builder’s warranties also cover materials used in the construction of the home. If there are issues with the roofing material, flooring, or countertops due to manufacturing defects, the builder is responsible for addressing them.
Builder’s warranties usually span one year, depending on the builder and local regulations, and offer a safety net for homeowners during the initial stages of homeownership.
Distribution Systems Coverage
Distribution systems coverage for new construction homes is a crucial aspect of home warranties. It typically includes protection for the electrical, plumbing, and HVAC systems, ensuring that these essential components function as intended. This coverage offers homeowners peace of mind, knowing that their home’s core systems are backed by a warranty, minimizing unexpected repair costs.
Structural Warranty
A structural warranty is vital for protecting the core integrity of your home. These warranties typically cover:
- Foundation – Any structural issues with the foundation, such as cracks or settling, are typically covered by a structural warranty.
- Load-bearing walls – If there are problems with load-bearing walls that affect the structural integrity of the home, a structural warranty should come into play.
- Roof framing – Issues with the roof framing, such as sagging or structural failure, fall under this warranty.
Structural warranties are typically more extended, often spanning ten years, beginning at the day of closing. They provide homeowners with confidence in the long-term durability of their investment.
Limited Guarantees
In addition to standard warranties, some builders provide guarantees related to energy efficiency. These assurances are crucial in ensuring new construction homes will perform efficiently and potentially help reduce energy bills.
Benefits of Warranties and Guarantees
Perhaps the most significant benefit yielded by warranties and guarantees for new construction homes is the peace of mind they offer. You can rest assured that any covered issues will be addressed without incurring additional costs during the warranty period. Moreover, these warranties and guarantees reflect the builder’s confidence in the quality of their work and the materials they use—it’s a testament to their commitment to customer satisfaction.
What May Not Be Covered
While warranties and guarantees offer substantial protection, it’s essential to recognize that there may be limitations. Common exclusions or scenarios where coverage may not apply include:
- Normal wear and tear
- Damage caused by neglect or improper maintenance
- Acts of nature, like earthquakes or floods
- Alterations or additions made by the homeowner without builder approval
It’s crucial to thoroughly read and understand warranty documents to avoid any misunderstandings.
Your Investment Is Safe With Chesmar Homes
If you’re looking for a home builder in Texas that stands behind its work with ironclad warranties and guarantees, confidently end your search with Chesmar Homes. As a company that is committed to quality, innovation, and customer satisfaction, we back our new construction homes come with a 2-10 Home Buyers Warranty, providing comprehensive coverage for workmanship, distribution systems, and structural components. Additionally, we offer a Limited Guarantee addressing the energy efficiency of our homes. Contact us today for more information and discover how Chesmar Homes can provide you with the assurance you need for your new home.
