A builder's warranty should be an important part of any new home purchasing decision. Whether you're buying from a builder with a household name or one that is new to the business, what a warranty says and the ability to get warranty work completed should not be overlooked. There are several general types of warranties and each is important to you. At the most basic level, a home must meet local building code standards.
Building codes are complex and detailed requirements which govern home construction.
Among the states, many have mandatory home warranty provisions. Consumer advocates argue that home warranty limitations are significant and greatly reduce the value of such policies. For a discussion of this issue, see the site developed by HomeOwners for Better Building . Builders themselves often have limited warranty programs and such plans can be valuable. However, a builder's warranty plan assumes that there is a builder to provide assistance if something goes wrong.