Topics: Homebuilding Tips, Financing
A home warranty gives you the peace of mind that if your home has structural issues within a certain period of time, you will be covered financially. For example, soil settling can cause structural distress to a load-bearing element such as the foundation, floor framing, or columns. This is the type of event that is totally out of the builder’s control, but if you have a home warranty, you won’t have to pay out of pocket to cover the repair costs if something like this happens to you. A home warranty also typically covers defects in materials and systems for a certain period of time.
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