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Another new home builder in the Central Ohio area has called it quits.  On Tuesday, Joshua Homes unexpectedly shut down its web site and disconnected their phones.  Joshua Homes appears to be the latest, in a long list, of new home builder casualties in our market.  In the past few New Home Build  years Central Ohio area has lost many new home builders:

  • Toll Brothers
  • Joshua Homes
  • Centex Homes
  • CV Perry
  • Beazer

Many current Joshua home owners are very concerned about their new home warranties.  This latest new build casualty really magnifies the potential problem of new home warranties.  Joshua Homes had one of the longest home warranties (40 year) in our area.  But, a warranty is only as good as the builder or warranty company.  Does it really matter if you have a 40, 45 or even 50 year new home warranty if your builder is out of business in a few years?  

The home buying consumer needs to realize that new home builder warranties are NOT regulated by any State agencies or the Department of Insurance.  It is buyer beware!  So, make sure you use an Exclusive (true) Buyer Broker when purchasing your next new home.  An Exclusive Buyer Broker will protect you during your transaction and act as your advocate.

Good luck out there.

Home Buyer Advocate Mike

Representing People, NOT Property!

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Buyer's Resource Realty Services 7100 N. High St. Suite 204 Worthington, OH 43085
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HomeBuyer Advocate Mike


Representing People, NOT Property in Columbus, Ohio. If you are a home buyer, then you need me to protect you. I can help you get the best price and terms for your next home purchase. You must use a true Buyer Broker! 1.614.805.7607

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