Homebuilder-Bankruptcy.com

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It is typical in the home building industry that home builders provide their buyers with warranties for replacing or repairing defects or other components in the new residential units. However, with a rising number of home builders going into bankruptcy, a [...]

Heritage Highgate and Heritage Residential (both filed for Chapter 11 in Jan’09) stated that they have offered and continued to offer all home buyers warranties. They would fund all warranty items arising in the initial one year period following closing and, beyond that, a national warranty company steps in.
The warranty expense has also been included [...]