Whether you’re purchasing an older home or new construction, there’s always something that will need your attention, time, and care.
If you’re considering a new build in Pine Island, Florida, or the surrounding areas, is a new home warranty necessary?
Read on to learn more about the 2-10 Home Buyers Warranty, why you need it, and how it can give you peace of mind.
Problems Can Occur Any Time
Even if you purchase a brand-new home, there are plenty of issues that can occur when you least expect it. After a home is built, it can take time for it to settle, which may create mild structural problems, for example.
The average home moves approximately one-half to one full inch over its lifespan. However, new homes settle the most significantly, and most structural problems occur within the first four to seven years after the home is built.
In addition to structural issues and settling, even the newest homes may have a few problems that need to be addressed. With a new home warranty, these problems are covered, saving you quite a bit of money, headaches, and time.
With a 2-10 Home Buyers Warranty from Coral Isle Builders, you’ll get 10 full years of structural warranty protection. We’ve gone through an intensive process to make sure that we always provide our buyers with a high-quality product and careful inspection of our workmanship and more.
Why Your Home Should Include a New Home Warranty
When you opt for the 2-10 Home Buyers Warranty, you’ll receive a copy of your structural warranty contract. This information will explain in detail what’s covered so you can refer to it when necessary.
You’ll also receive a maintenance booklet featuring tips about how to care for your home so that it provides you with a safe abode for years to come. As an added benefit, the warranty is completely transferrable. That means if you sell your home, the new buyer will still be covered.
A transferrable home warranty is a great way to increase the resale value of your home, too. With 10 full years of structural defect coverage for load-bearing components, you or potential buyers will have peace of mind.
Aside from the structure, your new home warranty also includes two full years of distribution systems surety coverage. This protects you against any defects in the electrical wiring, plumbing, and ductwork. Your plumbing, electrical, and mechanical systems are covered for two years after the home is purchased.
Finally, you’ll also receive one full year of surety coverage against defects in materials and/or workmanship. Having this type of coverage will make your first years in the new home worry-free.
A Look at the Warranty in Detail
Here are some key components of the 2-10 Home Buyers Warranty, and what it covers:
Foundation and Concrete
This warranty protects against defects in concrete basements and foundation walls. It also covers defects in the basement and attached-garage floors, slab-on-grade floors with finished flooring, interior concrete, and stoops and steps.
Drainage and Grading
Your new warranty protects against defects in backfilled areas that are within 10 feet of the foundation. This ensures that surface water drains properly away from your new home.
From the drywall and ceilings to hard-surface flooring, your new home warranty protects against defects in these areas. It also covers showers, bathtubs, countertops, carpeting, and many other important components of your new home.
Doors and Windows
The warranty ensures that all doors and windows work properly and fit correctly including interior and exterior and garage doors. Deadbolts, doorknobs, locks, weather-stripping, storm windows, and screens.
These are just some of the many components of your home that the 2-10 Home Buyer Warranty covers. You’ll receive detailed information about all of the things included and what’s covered so you can refer to everything as needed.
Even New Construction Should Have a Warranty
Our beautiful homes in Pine Island, Florida are built to the highest standards. However, even brand-new construction can benefit from a 2-10 Home Buyer Warranty.
Unexpected issues can happen at any time, and without the right coverage, you could spend quite a lot of money on repairs. Good coverage will protect the most crucial components of your new build so that you have peace of mind.
With a warranty, you’re protected from many financial risks that can cost you lots of hard-earned money and valuable time. Although we have an incredible history of building quality homes, it doesn’t mean that problems won’t occur based on a variety of factors. Weather, wear and tear, and settling can cause any home to experience some minor to major issues.
Choosing a warranty keeps your risk low, and it helps you avoid filing costly insurance claims (in some cases). You’ll also be able to ask more for your home if you ever plan to sell since the warranty is fully transferable to the new buyer.
One in seven new homes built in the United States comes with a 2-10 warranty. With the average cost of a structural claim ranging between $42K and $112K, it’s clear to see why having this coverage is so valuable.
Protect Your Home Today
When you’re ready to purchase a new construction home, be sure to ask about the 2-10 Home Buyers Warranty. This new home warranty will protect your property against a variety of defects to save you money and provide your family with peace of mind.
To learn more about our homes or to find out more about this warranty, be sure to contact us today.