What Is a 2-10 Home Warranty?

A 2-10 Home Warranty is a 10-year structural home warranty that also covers defects in workmanship and materials as well as specific delivery systems. More specifically, with a 2-10 Home Warranty, your homeowners get two years of coverage for electrical, HVAC, plumbing and septic delivery systems, along with 10 years of structural protection.

Benefits of Offering a 2-10 Home Warranty?

As a builder, you need to offer some type of structural defects warranty when you sell your homes. About 25 percent of homes suffer structural failure, and repairing them typically costs tens of thousands of dollars.

When you offer a 2-10 warranty, you have a marketing tool to attract buyers. This offering can set your construction above your competition, since you give your buyers peace of mind and confidence in your product.

2-10 Home Warranty Options from American eBuilder

At American eBuilder, we offer our 2-10 warranty as well as other warranty choices:

  • The “2+8” HUD (FHA/VA) Compatible Warranty: This warranty is available in most states and is appropriate for HUD-financed homes. It includes a two-year written builder’s limited warranty and a 10-year written limited warranty on warranted structural components. A standard version of this warranty is also available for buyers who are using conventional financing or paying with cash.
  • The “1+9” Warranty: This warranty is available in most states and applies to non-HUD (FHA/VA) financed homes. This warranty includes a one-year written builder’s limited warranty and a 10-year written limited warranty on warranted structural components.
  • Standard 5-Year Remodelers Warranty: This warranty is similar to the “1+9” warranty, but only covers the structural components for five years.

 

Contact Us to Learn More

At American eBuilder, we’re happy to provide all the information you need about the various warranties we offer, including how they comply with FHA, VA, HUD and other mortgage loan requirements. We can also discuss any other questions you may have. For more information, contact us today.