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Dan Asher, a Chicago-based real estate broker specializing in new construction homes, explains the common new construction home warranty process in this video. It is important to note that each home building company offers a unique warranty, so it is essential to communicate directly with the builder to understand the specifics of your warranty. The example discussed in the video is a one-to-ten warranty commonly found in larger suburban new developments by bigger home building companies. Smaller companies may handle warranty items on an as-needed basis instead of following a structured process like the one outlined in the video.