Home warranty issues prompt complaints
Homeowners want stucco issues fixed; but KB Home says it #39;s not a warranty problem.
By: WPTVnews
Home warranty issues prompt complaints
Homeowners want stucco issues fixed; but KB Home says it #39;s not a warranty problem.
By: WPTVnews
Harrisburg, PA (PRWEB) March 26, 2014
Residential Warranty Company, LLC (RWC) - an innovator in the warranty industry and the nations leading new home warranty provider - is proud to celebrate a long track record of high home warranty ratings.
For the twelfth consecutive year, Western Pacific Mutual Insurance Company, a Risk Retention Group (WPMIC) has earned an A.M. Best rating of A- (Excellent). WPMIC is the insurer for new home warranties provided by RWC and its affiliated company, MHWC, and for general liability insurance provided to home builders through the RWC Insurance Advantage (RIA) program.
The A.M. Best Company is the oldest, most experienced rating agency in the world and has been reporting on the financial condition of insurance companies since 1899. As a full-service credit rating organization, A.M. Best is dedicated to serving the financial services industries, focusing on the insurance sector. Bests ratings represent the current and independent opinion of a companys financial strength and ability to meet obligations to its policyholders and are only assigned after an extensive quantitative and qualitative evaluation of a companys financial strength, operating performance, and market profile.
A.M. Bests Excellent rating is ascribed to companies that, in their opinion, have an excellent ability to meet ongoing obligations. WPMICs "Excellent" rating, current as of March 1st, 2014, reflects its sound capitalization, historically favorable operating performance, positive cash flow, and conservative reserve levels. Additionally, the rating recognizes WPMICs history of maintaining sufficient capital to support its ongoing obligations and the effective management of its long-term exposure to loss.
ABOUT RWC
Residential Warranty Company, LLC is a leading provider of insured home warranties to the building industry. Builders seeking options in coverage, sensible home warranty protection, and assistance in dealing with customer service, choose RWC. In business for over 30 years, RWC has warranted over 3 million homes. An extensive menu of choices in both home warranties and general liability insurance is available, enabling builders to reduce their liability and increase the marketability of their homes. Become a member today: http://www.rwcwarranty.com.
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RWCs Insurer (WPMIC) Celebrates 12 Continuous Years of "Excellent" Ratings by A.M. Best
What to expect from your new-home walk-through
Youve signed the contract, selected your cabinets, appliances and flooring, and waited patiently for your new home to be built. Finally, the moment youve been anticipating the walk-through arrives.
The walk-through is an opportunity for you and your builder to examine your new home together. You may spend the time agreeing on items in need of correction or adjustment, learning how your new home works and what you must do to keep it maintained and asking questions about anything you dont understand.
Many builders use the walk-through to educate buyers about the homes operating systems, as well as the maintenance and upkeep responsibilities. In order to help you get the most of your new-home walk-through, here are a few things to keep in mind:
Keep a checklist: The walk-through is when you and your construction manager will inspect surfaces such as walls, floors, windows, appliances and countertops to make sure there are no scratches, chips or other forms of noticeable damage. Make a special effort to note items that need to be corrected on your checklist because such cosmetic items will usually not be covered by your warranty after the orientation. Check the paint, drywall, bathtubs, showers and tile work. Also, walk around the outside of the house to examine the exterior. If the landscaping is already in place, check to make sure the plants are healthy and that the slope of your yard will allow water to drain away from your home. You and your construction manager can then agree to a timetable for repairs.
Take lots of notes: The walk-through is where you will receive a stack of documents that include manufacturers instruction for the heating and cooling systems, plumbing, cable, water heater, kitchen appliances and other features in the home. You may also receive a demonstration on how to operate all of these systems. Its a lot of information to take in all at once, especially since much of it is conveyed verbally. Instead of relying on memory, many people find it helpful to take notes.
Dont rush: Everybodys busy these days, but dont allow yourself to rush through the walk-through. Its an important part of the homebuilding process. Be thorough and observant, and try to avoid distractions (you may want to have your kids stay with a babysitter). Ask questions. Consider this a formal introduction to your new home and afford it the time it deserves. Both you and your builder will be glad you did.
Andy Warren is president of Maracay Homes, the Arizona subsidiary of the Weyerhaeuser Real Estate Company. He serves on the board of directors for the Home Builders Association of Central Arizona and Greater Phoenix Leadership; as well as the board of directors and as an Executive Committee member with the Greater Phoenix Economic Council. He is also an active member of the Urban Land Institute.
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Andy Warren: What to expect on your new-home walk-through
124 S Washington
Pre-inspected with a 1 YR Home Warranty is just the start. Covered Front Porch leads into a spacious living area with wood floors. Dining area and kitchen ha...
By: Duane Murphy
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124 S Washington - Video
Home Warranty VS Home Owners #39; Insurance 1
By: Insurance CHI
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Home Warranty VS Home Owners' Insurance 1 - Video
Home Warranty Information
when buying a new home or building one from a contractor,Home warranties pick up where insurance leaves off!
By: Ricky beaudin
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Home Warranty Information - Video
CI_Homeseller
Canadian Insured Home Warranty Video.
By: FluidReplies
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CI_Homeseller - Video
2283 N State Road, Harbor Springs, MI Presented by Debra Lynn Schirmer.
Click link to see more photos, school, area information and more: http://www.searchallproperties.com/listings/1858504/2283-N-State-Road-Harbor-Springs-MI/aut...
By: Debra Lynn Schirmer
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2283 N State Road, Harbor Springs, MI Presented by Debra Lynn Schirmer. - Video
By Debra Downey,Senior Editor
Realtor Ranjay Singhs Ancaster-based Rocket Homes and Property Management is facing a $25,000 fine for failing to abide by the rules of the Ontario New Home Warranties Plan Act.
The fine was levied in Hamilton Provincial Offences Court March 10 for Singhs alleged failure to register as a builder and failing to enrol two homes with Tarion Warranty Corporation. Under the new home warranty act, home builders are required to register as a builder and enrol, before construction, every new home with the private corporation that regulates the new home building industry in Ontario.
Singh, known in the community as Rocket Roger or Roger Singh, was once registered with Tarion, but was refused registration by a legal tribunal in 2010.
Melissa Yollick, senior manager, corporate communications for Tarion, said the organization generally does not publicly disclose why a builders licence is refused.
Tarion has the authority to revoke a builders registration and may take that action for a number of reasons, she stated in an email. Some examples include when a builder breaches terms and conditions of registration, if a builder has after-sales service issues, construction performance issues, or for financial reasons.
Since losing his registration, Tarion claims Singh has built and sold two new homes one in Hamilton and another in Ancaster.
However, Singh denies the allegations and said he plans to appeal the provincial offences court conviction.
I missed the court date, and Ive talked to my lawyer and were in the midst of an appeal, he said.
Singh added Tarions facts are not even correct in terms of the location of the two homes. Singh maintains he built a home in Stoney Creek for himself and a second Hamilton home that he plans to rent to students.
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Court levies fines against Rocket Homes
Harrisburg, PA (PRWEB) March 19, 2014
To continue its history of innovation and competitive pricing in home warranties, Residential Warranty Company, LLC (RWC) established its exclusive Incentive Program. Created over 25 years ago, RWCs unique Incentive Program offers its members big rewards for good claims experience, providing yet another reason to choose RWC as a home warranty provider!
Since the creation of its Incentive Program, RWC and affiliates are pleased to announce that they have distributed almost $19.6 million (on the brink of $20 million!) in incentive distributions back to members.
The Incentive Program is a great way for qualifying RWC members to effectively reduce their overall warranty costs by maintaining a high level of quality construction and customer service.
Benefits of joining the Incentive Program include:
Joining the Incentive Program is the best way for RWC members to maximize their dollars and reap the rewards of quality construction and customer satisfaction. RWC members enrolling at least 20 homes or $2 million in sales volume annually are eligible to join. To determine eligibility, contact RWC. Also, available upon request, is a free computerized analysis illustrating the ins and outs of the Incentive Program. To access this free analysis, email sales(at)rwcwwarranty(dot)com or call 800-247-1812, Ext 2149.
Join the Incentive Program today to cash in on major rewards!
ABOUT RWC
Residential Warranty Company, LLC is an innovator in the warranty industry. Builders seeking options in coverage, sensible home warranty protection, and assistance in dealing with customer service, choose RWC. In business for over 30 years, RWC has warranted over 3 million homes and its Insurer is rated A- (Excellent) by A.M. Best. An extensive menu of choices in both home warranties and general liability insurance is available, enabling builders to reduce their liability and increase the marketability of their homes. Become a member today: http://www.rwcwarranty.com.
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RWCs Incentive Program Saves Members $19.6 Million to Date!