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Why is
a MoistureFree Warranty needed?
Answer:
There are a variety of issues
surrounding synthetic and hardcoat stucco homes – the
negative stigma associated with stucco homes and a
reluctance by agents to buy or sell stucco homes are just
two. Many of the
issues can be mitigated by having a MoistureFree Warranty
protecting the home. A MoistureFree Warranty on the home
will preserve the home’s value, protect all parties in a
stucco sales transaction, and give buyers the peace of mind
they need to purchase a stucco home.
What does the
MoistureFree Warranty cover?
Answer:
The warranty provides payment for repairs related to
the stucco if elevated moisture levels are found during the
term of the warranty.
It pays to modify or repair the affected area so it
can be dry again.
How
can I purchase a
warranty?
The home must be inspected by a qualified moisture inspector following the MoistureFree Warranty Inspection Protocol. The inspection report then should be submitted to Moisture Warranty Corporation (MWC) for review along with a warranty application form that has been completed by the inspector. MWC professionals will prepare a Certified Repair Analysis (CRA) on the home which details what needs to be done to the home to make it eligible for the warranty. Once these items have been completed, a second inspection is performed to verify repairs have been completed and are correct, and the warranty is issued.
Is the warranty
transferable to subsequent homeowners, and can it be renewed
at the end of the term?
Answer:
Yes. The warranty is fully transferable and can be
renewed following a qualifying protocol inspection.
I’ve
heard of other warranty/guarantee programs in our area. How
do they differ from the MoistureFree Warranty?
Answer: The MoistureFree Warranty is the only national third-party warranty without the potential conflicts of interest inherent with a guarantee from a repair contractor. Without knowing specifics, generally speaking, most other programs are backed by a single insurance policy on the contractor and are not geared to multiple homes. Several large claims can put these companies out of business, leaving the homeowner at the mercy of his/her own pocketbook. In addition, many times these guarantees demand that you use their inspectors and that all repairs are done by those same inspectors. We see this as a potential conflict of interest.
At MWC, we give YOU those choices. You choose the inspector, and as long as that inspector uses our inspection protocol, we are able to accept his/her report. You then choose the repair contractor, and as long as repairs are made according to our Repair Standards and Options, we will write the warranty (MWC Inspection Protocol and Repair Standards and Options are available to inspectors and repair contractors who visit our web site).
In some
states, MWC has the only approved warranty by that state’s
insurance commission.
How does
having a MoistureFree Warranty affect the sale of a stucco
home?
