Relocation.com - Library, Real Estate Buyer's Guide, Information in home and warranty

A good warranty should include the following information:

The name of the holder and a statement as to whether the warranty can be transferred.
Time the warranty is applicable.
A detailed and precise explanation of what is covered and what is not.
A description on what happens when an issue arises. How and when will it be handled? How does one file a claim? Does a deductible apply?
Any limitations on damages.

There are also a lot of other things you can do as a buyer to ensure you are not purchasing a sub standard home:

Check out the builder's reputation. You can do this at the Better Business Bureau (BBB).
If there are homes occupied by the same builder, talk with the homeowners

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