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HBW 302 2 10 Home Buyers Warranty  Form

HBW 302 2 10 Home Buyers Warranty Form

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[Music] hello this is joe pryor the virtual real estate team in oklahoma city and i want to address some misconceptions that some of my investors have brought to me about warranties on new construction in homes now i recently had an investor that decided not to buy because the builder would not give him a 10-year comprehensive warranty on everything because he said he got that in california which excuse me i don't believe and the reason why i don't believe it is i've never heard of it from anybody nationally and i used to be in national leadership with nar so i know a lot of realtors and the reason why this is not possible is mainly because a builder would go out of business if they had to honor a house for 10 years the second thing is i want to define what a warranty truly is for you and i learned this through 31 years of real estate and 16 years of owning retail electronics stores a warranty is something for defects in material and workmanship and it's

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