Assuming that a newly-built home is in pristine condition is not always correct. Before you took ownership of your new home, you did a final walkthrough with the builder. However, not all issues are obvious without careful examination. Now that you are in the home, it is smart to order a builder’s warranty inspection before the warranty expires.
What Is a Builder’s Warranty Inspection?
New home builders acknowledge that newly constructed homes are not always flawless, and evidence of this is the builder’s warranty. The warranty is designed to give you peace of mind that if certain defects are found within the first year, they will be addressed at no cost to you.
However, having a warranty is not enough. You need to take full advantage of that warranty by filing claims as necessary. A builder’s warranty inspection can identify all defects that are covered by your warranty and might be missed by an untrained eye.
1. All Warranties Have an Expiration Date
Each builder has different warranty terms, but all warranties eventually expire. The expiration date is often a year after the move-in date but review your terms to understand your specific warranty. In order to exercise warranty benefits, a claim must be made before the coverage expires.
2. Find Issues You Cannot See
Some construction-related defects are glaring, such as a chipped tile in the entryway. Other defects may be discovered by you through regular use of the home and others may not be noticed by you for years after the warranty expires.
You cannot rely solely on your observations in the home to accurately assess its condition. A builder’s warranty inspection completed by a licensed professional inspector will discover and document issues so that you can file a claim promptly.
3. Use the Warranty to Save Money
If defects are not found before the warranty expires, the cost of repairs or replacements becomes your financial responsibility. Some of these property repair projects could cost thousands of dollars or more. Taking advantage of your warranty prevents you from spending money on repairs related to the construction of your home.
4. Be Confident About Your Purchase
Thoughts about potential cracks in the foundation, hidden plumbing leaks, and other issues in your new home may be concerns as a new homeowner. If your concerns are justified, you may have trouble selling the home in the future until the repairs are made. It is best to order an inspection and find out about any issues so that you can have peace of mind and confidence in your home.