As you monitor progress on your new home, check that these changes and add-ons are being completed in a workmanlike manner. Also, be sure you don't make upgrades that exceed your budget. Builders often offer home warranties as an incentive. Warranties generally cover the physical structure and mechanical systems of the home. Builders will usually warrant the physical structure for one or two years.
Some builders offer warranties of up to ten years.
In any case, make sure you find out exactly what is and isn t covered and the process for fixing a problem. Pay particular attention to coverage for things like foundation cracks, nail pops, defective siding, and leaky windows. Warranties cover electrical, plumbing, and heating and cooling systems. Be sure to collect and inspect the warranties for these systems as well as for all appliances that may be included in the sale. Find out if the builder will replace any items that are defective.