Buying a home is one of the biggest financial investments you’ll make. For the price of a newly built home, you shouldn’t have to worry about repairs and replacements.
Building your dream home is exhilarating and stressful all in one — and the last thing you want to concern yourself with is unexpected repairs after you finally settle in. If there’s one thing guaranteed with all homes, it’s that something is likely to malfunction at some point. Things happen.
Peace of mind is immeasurable. Home warranties protect homebuyers from expensive, unexpected repairs, and are common in both existing homes and newly built homes. For newly built homes, home builders will include a new home warranty as part of the package, to help you, the homeowner, and themselves. This is called a builder’s warranty.
New homeowners are ensured a builder’s warranty on the construction of their home, which covers basic home systems, like electrical and plumbing.
How’s a builder’s warranty different from a home warranty?
Here’s the tricky part: home warranties function a lot like builders’ warranties, but the two are not the same.
Home warranties, like builders' warranties, cover essential home systems like plumbing and electrical. Both protect homeowners against expensive, unforeseen repair bills and provide peace of mind. These two services complement, but do not replace each other.
Home warranties assure your appliances, electrical system and plumbing systems are repaired or replaced, should there be a malfunction. Contrary, a builder’s warranty typically won’t help if an appliance breaks down.
Appliances Covered Under Most Home Warranties:
- Air Conditioner
- Dishwasher
- Oven/Range
- Garbage Disposal
Systems Covered Under Most Home Warranties:
- Electrical
- Heating
- Plumbing
- Water Heater
New construction home warranties can provide protection against unforeseeable problems like roof leaks, appliance and system breakdowns and much, much more.
Paul Gray Homes offers a 12-month home warranty from the date of closing. We stand behind our work and want to make sure you are happy with your new home. You are backed by a 12-month home warranty with ProHome, LLC, on craftsmanship and quality.
What happens after the builder’s warranty has expired? Then what?
Your home is no longer considered a new build after the first year, and your builder’s warranty will hit expiration. You are still free to extend your home warranty, which can be a smart and valuable investment on your part.
Without a home warranty, you will be held on your own to pay the full cost of repairs for appliance breakdowns and system malfunctions. With it, you will be out only a service fee, also called the deductible, often $50- $75.
For homeowners who haven’t built up an emergency fund or want to reserve it for other expenses, a home warranty can act as a buffer. A home warranty can provide reassurance to a home buyer on how well the home has been built. Even with a home inspection, there may be faults not discovered until a malfunction occurs.
Once you own your home, you are backed by a 12-month home warranty on craftsmanship and quality. Paul Gray Homes stands behind our work, and we want to make sure you are as happy every day as the day you moved into your new home. Follow our complete new home construction timeline to see what the building process entails — home warranty and all.
Every homeowner should do thorough research on the warranties offered and what the coverage includes. Paul Gray Homes can answer your questions on our home and builder’s warranties and what’s included in your package. Make the call to Paul Gray Homes at 316-978-9047!
Thinking about building a home? Chances are you’re facing a mountain of unknowns and questions you probably haven’t thought about. The experienced professionals at Paul Gray Homes can make the building process less stressful.
Call us today! 316-978-9047