Numerical

New construction homes typically come with a “One Year Limited Warranty.” Some items listed under this warranty may or may not be visible to the inexperienced eye. Some of the more common items generally are revealed during this type of inspection and may include:

• improper drainage around the foundation,

• improperly installed roof covering and/or flashing details,

• water intrusion problems,

• plumbing leaks, and

• improper wiring of electrical receptacles, switches and/or fixtures.

Source: a-actionhomeinspection.com

Often called an 11th month inspection or 1-year warranty inspection, this service is provided to new home buyers near the end of their first year builder warranty period. It is used to identify any deficiencies that may be covered under the builder's warranty. A written report will be produced with a summary of recommended repairs that can be provided to the builder during the warranty period. 

Source: hitthomeinspections.com

A 203(k) consultant is a professional who is responsible for advising clients on the complicated 203(k) process. They make sure the required paperwork is filled out and filed correctly so that homeowners can obtain a 203(k) loan. Many 203(k) consultants are inspectors who wish to widen the scope of their business. Inspectors already have much of the knowledge and training required to become a 203(k) consultant. 

Source: nachi.org

Section 203(k) insurance enables homebuyers and homeowners to finance both the purchase (or refinancing) of a house and the cost of its rehabilitation through a single mortgage or to finance the rehabilitation of their existing home. 

Source: HUD.gov

Four-point inspections will determine the approximate age and general condition of your home’s major systems.

A four-point inspection covers:

• HVAC (Heating, ventilation, and air conditioning)—We’ll check both the interior and exterior of your systems to determine the year, make, model, and condition. We’ll check for visible corrosion, leaks, drain pan issues, and more.

• Plumbing—We’ll assess your supply lines and look for any visible leaks under sinks or around drains and pipes.

• Electrical—A few of our tasks include checking panels, breakers, grounds, and types of wiring. If there is an overhead electrical panel, we’ll identify the year it was installed and verify the condition of the GFCI’s.

• Roof—In addition to assessing the general condition of your building’s roof, we’ll also check the attic for leaks, determine the age of your roof coverings, and assess insulation, skylights, and other important areas. 

Source: hometeam.com

The 90 day warranty from the inspection company will cover certain items for up to 90 days after the inspection is performed. It is a fairly limited warranty that is typically designed to partially cover certain items that fail shortly after a home inspection.

Source: ziprealty.com

The same or very similar to a 90-day warranty but for a period of 120 days.