New Home Warranty
I'm buying a house in Baltimore City. It's new construction, but it wasn't built by a corporate builder (e.g., Pulte, Ryland, etc.) so the seller doesn't offer their own self-underwritten home warranty. As such, I'm requesting the seller include a third-party home warranty with the property. In Maryland, the law requires a warranty that provides at least 1 year comprehensive coverage; 2 years for major systems (e.g., plumbing, heating, air conditioning, etc.); and 5 years for load-bearing structural components.
Who is a reputable provider of these warranties?
How do I compare plans?
The way I have written the contract right now, I've said the seller must find a warranty plan and then get my approval before purchasing it. Should I be more specific - should I specify exactly which plan they have to buy?
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