HPO : What’s the Warranty History of Your New Home?

If the home you’re interested in buying is still covered by home warranty insurance, it’s a good idea to find out if any warranty claims have been made for construction defects.

Before completing the sale, you should review the policy documents to find out coverage expiry dates and ask the seller if any claims have been made or are outstanding. Only an owner is entitled to get a claims history report from the warranty provider (available for a fee up to $25), so you may want to make it a condition of sale.

If you’re buying a strata property, make sure to request this information from both the unit owner and the strata corporation (for the common property claims history).

For a home that is less than five years old, you should also find out if the owners did any of the finishing themselves, rather than the builder. If that was the case, the builder’s warranty will exclude the design, labour and materials provided by the owner. Before you make the purchase, it’s important to know what is and what isn’t covered by the warranty.

For more tips for homebuyers, download Buying a New Home: A Consumer Protection Guide free from www.hpo.bc.ca.

Copyright Homeowner Protection Office.

FM Construction: Construction Management for Mowat Heritage home, Burnaby BC [Completed March 2015]

We are excited to announce that FM Construction provided the construction management services for the Mowat Heritage home in Burnaby BC which is part of Intracorp’s Silver project.

Find out more in these articles:

Intracorp Canada – Silver: Old & New

Burnaby Newsleader – Heritage House near Burnaby’s Central Park to be protected

Please view this beautiful interactive tour or CLICK HERE if you wish to view on the site.