Search results
Results from the WOW.Com Content Network
Tarion’s role is to ensure that buyers of newly built homes in Ontario receive the coverage they are entitled to under their builder’s warranty. [2] Tarion’s responsibilities include: Protecting consumers if builders fail to fulfill their warranty obligations; Educating new home buyers and owners about their warranty rights and ...
In some states, such as New Jersey [3] for example, builders of new homes are required to provide a home warranty to those purchasing homes. Though the terminology is identical, these home warranty plans differ from the ones offered to existing home owners or through real estate transactions involving the purchase of existing homes.
To decide if a home warranty is right for you, consider whether you already have builder or manufacturer warranties, the age of the home’s systems and your ability to handle unexpected repairs.
That way, if the builder goes kaput, the money for any repairs will go to you, allowing you to fix things on your own. Lew Sichelman has been covering real estate for more than 50 years.
Builder's risk covers perils such as fire, wind, theft, vandalism and many more. It typically does not cover perils such as earthquake, flood or hurricane damage unless the policy has been specifically endorsed to do so. [3] However, earthquake riders can be economical, depending on where a project is located.
Discover the latest breaking news in the U.S. and around the world — politics, weather, entertainment, lifestyle, finance, sports and much more.
The First American Family of Companies’ core business lines include title insurance and closing/settlement services; title plant management services; title and other real property records and images; valuation products and services; home warranty products; property and casualty insurance; and banking, trust and investment advisory services.
Sign in to your AOL account.