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Home warranty is one of several terms for a contract between homeowners and companies that cover some of the costs associated with specific repairs and replacements of household objects. Related industries often use such terms as residential service contract and appliance warranty plan. Just as is the case with home warranty in states such as ...
Home warranties, paid by either the buyer or the seller. Warranties are available on resale homes insuring major household systems against repair or replacement for the buyer's initial year of ownership.
The National House Building Council (NHBC), established in 1936, is the UK's largest provider of new home warranties. According to NHBC's website, around 80% of new homes built in the UK each year have an NHBC 10-year warranty. NHBC is also the UK's largest single Approved Inspector for Building Regulations.
Buying a home in 2024 is a challenge – from mortgage rates to bidding wars, obstacles exist. NBC News quantifies the challenges with its Home Buyer Index. This is what we've learned.
A recent jury ruling could force home buyers to pay real estate commissions. But such an upending could lower home sales costs in the future.
Many help buyers with closing costs and the down payment through grants and low-interest loans. Here is our comprehensive guide to both first-time homebuyer loans and programs.
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