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Beazer Homes USA, Inc. is a home construction company based in Atlanta, Georgia. In 2016, the company was the 11th largest home builder in the United States based on the number of homes closed. [2] The company operates in 13 states. [1] As of December 31, 2016, the company had 161 active communities. [1]
Beazer was a family business for six generations [1] before expanding in the 1980s into an international housebuilding, construction, and building materials group. After becoming overburdened with debt it was rescued by Hanson plc in 1991.
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.
A warranty doesn’t cover windows, doors, floors or other structural features. Nor does it cover smaller or freestanding appliances, like countertop ovens or trash compactors.
In early 2001, Persimmon acquired Beazer Homes UK in exchange for £612 million, which brought the company's annual output to over 12,000 homes per year. [27] [5] The deal came about after Beazer and Bryant announced a 'merger of equals' that was to create a new house builder called Domus. [28]
A home warranty protects against the costs of home and appliance repair by offering home warranty coverage for houses, townhomes, condominiums, mobile homes, and new construction homes. When a problem occurs with a covered appliance or mechanical system such as an air conditioning unit or furnace, a service technician repairs or replaces it ...
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