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Homebuyers who purchase new construction usually get some type of warranty from the builder for the home’s materials and workmanship — including plumbing, electrical, heating and cooling ...
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.
When it closed its doors, it left some 60 houses in various stages of construction. In one case, according to the Naples Daily News, the company was paid over 75% of the home’s contract price ...
Lisa Labelle discovered a lot up for sale with the perfect view of the Lincoln County Hills in North Carolina and decided to buy it — hiring a construction group to build her a $429,580 home.
KB Home was founded in Detroit in 1956 by Donald Bruce Kaufman and Eli Broad. [3] Their first venture together was the construction of two model homes in the Northeast Detroit suburbs, where a new generation of first-time home buyers were flocking. [3]
Founded in 1942, NAHB is a federation of more than 700 state and local home builder associations (HBAs). About a third of the more than 140,000 NAHB members are home builders or remodelers. [2] The rest of the membership works in closely related specialties such as sales and marketing, housing finance, and building materials manufacturing and ...
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