Residential Warranty Company
Is This Your Business?1.3
2.3
Overall Score
Author: Kalicia Bateman
Residential Warranty Company is a group that specializes in home warranties for builders, remodelers, and manufacturers nationwide. Typical homeowners may want to look elsewhere for a home warranty unless they are overseeing the construction of a home. The company is headquartered in Harrisburg, Pennsylvania and was founded in 1981.
Top Ranked Companies
Pros
- Simple Warranty Plan
- Warranty is Transferrable
- Extended Warranties
Simple Warranty Plan
Residential Home Warranty's website states that "one short application enrolls the home." It can be easy for some consumers to get lost in the shuffle of plans, options, and limitations when it comes to purchasing a home warranty, and Residential keeps it simple with one straightforward plan.
Warranty Is Transferrable
A home warranty provided by Residential Home Warranty is transferable, meaning it can be carried on to the next owner if the home is sold. This typically helps a home sell faster on the real estate market and increases its value.
Extended Warranties
Residential Warranty Company offers two types of extended warranties for appliances and systems. The Key Estates Certified Warranty includes coverage on appliances and systems in resale homes. Structural coverage is also an option. This warranty is offered nationwide. If sellers or buyers are interested in having coverage for a home that is on the market, their Realtor can purchase this warranty for them on their behalf
The second extended warranty the company offers is the Platinum Advantage Warranty and is available for coverage on appliances and systems in newly built homes. This warranty is purchased by the builder or manufacturer (this particular warranty is only available in select states).
Cons
- For Builders Only
For Builders Only
Many features that average homeowners are looking for in a home warranty company may not be present with Residential Warranty Company because the company caters primarily to builders, remodelers, and manufacturers. However, since Residential Warranty Company's warranties are for newly constructed homes, builders, remodelers and manufacturers can purchase the warranty for their homes, then pass that value and peace of mind onto their homebuyers.
The company also has a wide selection of warranties to choose from, including the standard 10-year warranty, state-specific warranties, remodeling, commercial, building systems, HUD-Code, and more. So although the company caters specifically to builders, its offerings are still competitive in the industry.
The Bottom Line
If you are a builder, remodeler, or manufacturer, Residential Warranty Company could be a very viable option for you. However, the majority of homeowners are not, so those individuals might want to look elsewhere for a home warranty company.
