Home Builder Warranty: What It Covers and What Buyers Should Know

Buying a newly built home doesn’t mean everything will be perfect. Even new construction can have issues, from plumbing leaks to doors that don’t close properly. A home builder warranty may cover certain defects, but coverage depends on the terms of your agreement. Whether you’re buying a new home in Phoenix, AZ or comparing a new construction condo in Tampa, FL, here’s what experts say about builder warranties and what to check before closing. Key takeaways Builder warranties may cover defects in workmanship, materials, systems, and structural components. Coverage periods and exclusions vary by builder and warranty agreement. Buyers should review claim procedures, deadlines, and inspection options before closing. A builder warranty isn’t a substitute for an inspection. An independent inspection can help identify potential issues before closing or before applicable warranty deadlines. What does a home builder warranty cover? A home builder warranty is a limited agreement that may cover certain construction defects for a specified period. Depending on the contract, coverage can include: Workmanship and materials: Certain defects involving doors, windows, roofing, and other installed...