new_home_2_hr_lgThese days, you might want to check on the financial status of your builder when buying a new house.  If the builder files for bankruptcy, the builders warranty may not hold, although the manufacturers warranties on fixtures, windows, roofs (if installed properly) would remain in effect.

Keep in mind, some builders put each home they build in a separate corporation, so have your attorney check it out before signing contracts.

see the Q&A from Inman News’ Ilyce Glink below:

Home warranties not guaranteed