Warranty home Inspections surrey

You should make every effort to understand your home warranty and protect your investment. Defects in new homes fall into several categories. Among these are obvious material and workmanship defects as well as hidden material and workmanship defects. You have probably taken care of the obvious defects. Appliances that do not function correctly and cosmetic issues are two of the most common.

 

The issues with your home that should concern you are the defects that are not obvious. Improper wiring, small exterior openings where moisture seeps in, and poor drainage are among the most common.

 

Over time, many hidden defects cause substantial damage to homes. Improper drainage can damage foundations, leading to structural problems. Small exterior leaks can lead to wood rot, mold. Electrical problems often remain unnoticed until a short injures someone or starts a fire.

 

Unfortunately, these problems often do not always show up within the first year. By the time they become evident, either your home warranty has expired or you’re into limited coverage and deductibles. If you have an home inspection performed before the term of the warranty has expired, the builder can repair any defects discovered by the house inspection under warranty.

 

Documenting potential problems and obtaining repairs during the first year is much simpler than seeking recourse later. We call this an 11-Month Warranty Home Inspection, because it should be done prior to the one-year “walk-through” conducted by your builder. Recommended time is anywhere between 8 - 11 months after purchase. Documenting the condition of your home with a full home inspection gives you leverage when your builder conducts the one-year “walk-through.” It will also give you an advantage in the event repairs are not completed satisfactorily.

 

Building a new home is a complex endeavor. It involves many people, with various sub-contractors working on different parts and systems of the house. Even for the best builders, it’s nearly impossible to complete this process without missing something. Sometimes a plumbing fixture doesn’t get tested for leaks, or an electrical box isn’t working, or another minor problem is overlooked. An independent home inspector can find such problems while it is still early enough for you to bring them up with the builder and have them corrected.

 

If you have any suspicion that there could be a problem with mold, this is the time to have the air in your home tested, before your warranty is up. Materials are often exposed to the elements during construction, Materials are stored outside uncovered. Drywall can soak up enough dampness from an overnight dew to cause indoor air quality problems caused by mold. For anyone with allergies or asthma, this is highly recommended and well worth the investment if elevated levels are found.

 

For a small fraction of what you paid for your new home, a professional home inspection can pay dividends in peace of mind and in helping to identify and correct minor problems before they can become major ones.

 

MINIMUM STANDARDS OF COVERAGE REQUIRED: 2-5-10

 

Home warranty insurance on new homes includes a minimum of 2 years on labour and materials, 5 years on the building envelope, including water penetration, and 10 years on structure. The 2-year labour and materials coverage is broken down as follows:

 

Any defect in materials and labour:

 

  • 12 months on detached homes and on non-commonproperty in strata units
  • 15 months on common property of strata buildings

 

Defects in materials and labour related to the delivery and distribution systems (electrical, plumbing, heating, ventilation, air conditioning, etc.).

 

    • 24 months for all buildings.

 

2-5-10 Year Home Warranty Insurance