Structural warranties provide homeowners with budgeting confidence. The warranties provide piece of mind that homeowners will save money in terms of unexpected costs if a structural defect is found in their new home.
Additionally, both structural warranties and systems and appliance warranties provide professional real estate agents with an opportunity to sell homes and have a competitive edge in the market. 36% of home sellers offer home warranties and other incentives to entice buyers. Millennials represent 30% of the market of new-home buyers, but they don’t have the resources available to fund major repairs. Builders gain by making these new-home buyers confident in their purchase of a new home. Let’s take a look at the infographic below for more information.
