3 Things To Look For In A Home Warranty
Now that you’ve decided to build a custom home, you’ll want to evaluate the home warranty offered by your chosen builder. A home warranty gives you piece of mind for your substantial investment. Home warranties often cover structural issues, defects in materials, and systems functionality for a certain period of time. Understanding what your potential builder covers can help you determine the quality of the homes they build and whether or not the builders stands by their reputation. Check for these 3 key elements in the warranty offered by your custom home builder:
Clear Cut Responsibilities
Yes, you home warranty will cover the structure and certain elements of your home. But if you do not live up to your responsibilities as a homeowner your home warranty may be voided. These responsibilities may include certain home maintenance items as well as proper maintenance of the grading and surrounding horticulture.
Similarly, your custom home builder should be living up to certain construction performance guidelines. As you review your home warranty, pay specific attention to what is covered and what is expected of you in order to ensure coverage.
It doesn’t matter if you plan to live in your custom home forever or if you are building it strictly as a rental property, you’ll still want your home warranty to be transferable. If you decide to sell your home or investment property, you’ll be able to transfer the warrant with the home sale, making the home more valuable.
Your ideal custom home builder will have the financial stability and a strong track record to back up their home warranty. If your custom home builder does not have the finances or reputation of upholding their warranties, your home warranty isn’t worth the paper it’s printed on. Investing in a custom home or rental property is a substantial financial decision so you should take your time to ensure your investment is protected. Find out how long your prospective custom home builder has been in business, ask to see read testimonials, and even talk to a previous client. A good custom home builder will be proud of their reputation and will gladly provide you with the means to verify their success.
If you’re interested in building a custom home in the Austin area, contact Ilcor Builders to learn more about our comprehensive warranty and how it protects you as a homeowner.
Ilcor Builders has been building out custom homes in Austin, Texas and the surrounding areas since 1963. We are a family owned business with over 50 years’ experience building custom homes. We would love the opportunity to discuss your custom home goals in our design studio in North Austin or in the comfort of your home. Please contact us at 512-476-7568 or request a free consultation.