If you are buying a new home, or one that is less than ten years old, it may be covered by a Homeowners’ Warranty or HOW. A homeowners’ warranty protects a new house against faulty construction for ten years. The first year, HOW builders guarantee their new houses are free of defective work and materials, major structural defects, and flaws in the electrical, plumbing, heating and cooling, ventilation, and mechanical systems. If the home you are buying is not covered by HOW, you can have the home examined and get a warranty to cover your major systems for several years. read more
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