What’s the difference between a home builder’s warranty and a home warranty?
If you’re thinking of buying a newly constructed home, it’s important to know the difference between a builder’s home warranty and a standard new home warranty.
A builder’s home warranty applies to new home construction or a remodel that is completed by a builder, who, in this case, pays for the home warranty. Unlike a home warranty, which is purchased by the homeowner and covers essential appliances and systems in your home, a house builder’s warranty on a new home is provided by the builder or from a third-party provider. It accounts for any issues with materials, central in-home systems that were installed by the construction team, or other structural elements.
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