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New-home Buyers and Federal Agencies Benefit from Improved Warranty Protection

New-home Buyers and Federal Agencies Benefit from Improved Warranty Protection PDF Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Dwellings
Languages : en
Pages : 48

Book Description


New-home Buyers and Federal Agencies Benefit from Improved Warranty Protection

New-home Buyers and Federal Agencies Benefit from Improved Warranty Protection PDF Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Dwellings
Languages : en
Pages : 48

Book Description


New-Home Buyers and Federal Agencies Benefit from Improved Warranty Protection

New-Home Buyers and Federal Agencies Benefit from Improved Warranty Protection PDF Author: United States Accounting Office (GAO)
Publisher: Createspace Independent Publishing Platform
ISBN: 9781720948728
Category :
Languages : en
Pages : 46

Book Description
New-Home Buyers and Federal Agencies Benefit From Improved Warranty Protection

New-home Buyers and Federal Agencies Benefit from Improved Warranty Protection

New-home Buyers and Federal Agencies Benefit from Improved Warranty Protection PDF Author: United States. General Accounting Office
Publisher:
ISBN:
Category : House buying
Languages : en
Pages : 31

Book Description


Economic Development

Economic Development PDF Author: U S Government Accountability Office (G
Publisher: BiblioGov
ISBN: 9781289065928
Category :
Languages : en
Pages : 50

Book Description
GAO reviewed the private and State warranty programs that were developed to protect home buyers from construction defects in new houses. The review was made to assess the growth of these warranty programs and the protection that they provided through federally assisted housing programs. Until recently, new-home buyer's protection from construction defects was limited to that described in the purchase contract. This has generally been replaced with warranties that define the builder's responsibility to correct construction defects. However, enforcing these warranties is difficult when builders refuse to or cannot make repairs. To help alleviate this problem, the insured warranty concept was developed. These new warranties: (1) protect the home buyer during the builder warranty period if the builder cannot or will not stand behind the warranty; (2) provide 10-year insurance against certain major stuctural defects; and (3) include an inexpensive and independent process to settle claims. Federal agencies have taken initial steps to use insured warranties in their housing programs. Several benefits are derived from using insured warranties on federally assisted houses, including: (1) furthering the desire to encourage improved home warranty protection; (2) providing home buyers with improved warranty protection; (3) reducing Federal expenses for correcting structural defects; and (4) reducing Federal construction inspections.

GAO Documents

GAO Documents PDF Author: United States. General Accounting Office
Publisher:
ISBN:
Category :
Languages : en
Pages : 516

Book Description
Catalog of reports, decisions and opinions, testimonies and speeches.

Monthly List of GAO Reports

Monthly List of GAO Reports PDF Author:
Publisher:
ISBN:
Category : Finance, Public
Languages : en
Pages : 16

Book Description
Includes legal decisions and opinions of the Comptroller General.

Department of Housing and Urban Development--independent Agencies Appropriations for 1983

Department of Housing and Urban Development--independent Agencies Appropriations for 1983 PDF Author: United States. Congress. House. Committee on Appropriations. Subcommittee on HUD-Independent Agencies
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 1008

Book Description


Monthly Catalog of United States Government Publications

Monthly Catalog of United States Government Publications PDF Author: United States. Superintendent of Documents
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 432

Book Description
February issue includes Appendix entitled Directory of United States Government periodicals and subscription publications; September issue includes List of depository libraries; June and December issues include semiannual index

National Union Catalog

National Union Catalog PDF Author:
Publisher:
ISBN:
Category : Union catalogs
Languages : en
Pages : 588

Book Description


Monthly Catalogue, United States Public Documents

Monthly Catalogue, United States Public Documents PDF Author:
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 782

Book Description