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Commentary - Builder Warranty A Disclaimer |
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Friday, 07 April 2006 |
Subject: Texas new home warranty - A Builder's Disclaimer
TRCC seems to have no authority to help homeowners, but has plenty of authority to help builders. The agency set a new standard for "good enough for the public," meaning substandard minimums. Behind these standards is a scandal involving Texas A&M and the Construction Science Department that received a $40,000 TRCC grant to draft a State Limited Warranty and Performance Standards. The co-principals heading the project are two attorneys who are not construction experts, but in fact Business Risk Management experts.
Insurance Journal
Subject: Texas new home warranty - A Builder's Disclaimer
By: Janet AhmadComment: TRCC seems to have no authority to help homeowners, but has plenty of authority to help builders. The agency set a new standard for "good enough for the public," meaning substandard minimums. Behind these standards is a scandal involving Texas A&M and the Construction Science Department that received a $40,000 TRCC grant to draft a State Limited Warranty and Performance Standards. The co-principals heading the project are two attorneys who are not construction experts, but in fact Business Risk Management experts.
The standards fall short of protecting homebuyers, allowing foundations to crack and tilt significantly. Unlimited interior and exterior cracks throughout homes are now the acceptable standard.
What gives Texas builders an incentive to build a home that will last the life of the mortgage if the consumers are the ones being regulated? For now, Texas homebuyers are stuck with TRCC and the Limited Warranty that serves the industry as a builder disclaimer to shirk responsibility, offering the least buyer protection in the nation.
Janet Ahmad, President
HomeOwners for Better Building
(210)402-6800 |
Home 
Washington Post
Insurance Journal
Subject: Texas new home warranty - A Builder's Disclaimer
By: Janet Ahmad
The standards fall short of protecting homebuyers, allowing foundations to crack and tilt significantly. Unlimited interior and exterior cracks throughout homes are now the acceptable standard.
What gives Texas builders an incentive to build a home that will last the life of the mortgage if the consumers are the ones being regulated? For now, Texas homebuyers are stuck with TRCC and the Limited Warranty that serves the industry as a builder disclaimer to shirk responsibility, offering the least buyer protection in the nation.
Janet Ahmad, President
HomeOwners for Better Building
(210)402-6800