New Home Construction and Warranties

Good morning everyone:

Wow, what a week, gas prices are way down (this is great news) we elected a new president and real estate is on the come back. With the latter in mind it is extremely important to know whether the builder you are buying from has a warranty in place. In this blog I will briefly cover our warranty and what to expect from a builder's warranty in general. Our warranty breaks down into: a 1 year warranty, 2 year warranty, 5 year warranty and a 10 year warranty.

In Illinois the state does not require new home builders to warrant their construction. However, the state does have the law of habitability in place. Which is simply the home has to be habitable for the buyer to close. Most new builders (at least the ones I have been employed by) have the buyer waive this law of habitability by accepting the new home builders' more detailed warranty. Here is how our warranty breaks down:

1-year warranty:

Covers the materials and workmanship of how the home was constructed, keep in mind all personal items in the home are covered by the manufacture (IE: fireplaces, cabinets, appliances, and etc.)

2-year warranty:

This covers the plumbing, electrical systems, heating systems, and air conditioning.

5-year warranty (we are one of a few new builders to offer this)

This warranty provides protection against water leaks in basement spaces, windows, bathtubs/showers, roof, flashing, piping, faucets, and water ponding on the roof (during normal weather)

10-year warranty:

This warranty covers the structure of the home ie: footings, beams, bearing walls, girders, trusses, rafters, bearing columns, lintels, posts, structural fastners, sub floors, and roof sheathing.

If you any questions about this blog or another blog I have posted please feel free to comment or shoot me an email.

Till next time, keep on selling,

Jason Stevens