HOME BUYERS WARRANTY
A home warranty, also known as a residential construction home buyers warranty, is a type of insurance that protects homeowners from the cost of repairs or replacements for certain systems and appliances in their home. The warranty covers items such as heating and cooling systems, plumbing, electrical systems, and appliances, and can provide peace of mind for new home buyers.
Pro-Advanced Construction offers a residential construction home buyers warranty for every new home we build. This warranty covers defects in materials, workmanship, and systems that occur during the first year after closing. This provides our clients with an added layer of protection and security, knowing that they are covered against any unexpected issues that may arise during the first year of owning their new home.
It is important to note that a home warranty is different from homeowner's insurance, which protects against loss or damage caused by natural disasters, theft, and other covered events. A home warranty covers repairs and replacements for specific systems and appliances in the home, whereas homeowner's insurance covers the home itself and its contents.
2-10 PROGRAM
The 1-2-10 warranty program is a type of residential construction home buyers warranty that provides a specific level of protection for new home buyers. Under this program, the builder typically offers a 1-year warranty on workmanship, a 2-year warranty on mechanical systems, and a 10-year warranty on structural components.
The 1-year warranty on workmanship covers any defects in materials or workmanship that arise within the first year after closing. This includes issues such as leaks, cracks, and other problems that may occur as a result of poor workmanship.
The 2-year warranty on mechanical systems covers repairs or replacements for items such as heating and cooling systems, plumbing, and electrical systems that may be needed within the first two years after closing.
The 10-year warranty on structural components covers any defects in materials or workmanship that result in structural failure of the home, such as foundation cracks or problems with load-bearing walls.