Warranty of completion of construction hud 92544 2025

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Yes. Freddie Mac purchases mortgages secured by properties that are unique or may not conform to neighborhood residential characteristics in terms of type, design, age or the materials and techniques used in construction. What are the appraisal requirements when a subject property is considered unique?
Form HUD-92544, Warranty of Completion of Construction, is a formal document signed by a builder that wants to sell a new home to guarantee the building is constructed in ance with the plans and requirements approved by the Federal Housing Administration.
Warranty of Completion of Construction or Repairs/Alterations. Form 400 may be used by Sellers to confirm property completion of proposed or new construction where the original appraisal report was completed subject to completion per plans and specifications.
Form 400, Warranty of Completion of Construction or Repairs/Alterations, or other substantially similar form, signed by the Borrower(s) and the builder confirming that the property has been completed in ance with the plans and specifications.
The purpose of the HUD 92544 form is to provide a legal warranty from builders to buyers regarding the completion of construction. This warranty protects purchasers against defects in workmanship or materials for one year following the completion date.
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HUD-Approved Warranties for FHA Loans New homes must be sold with a warranty from the builder. HUD requirements for new home warranties include: 1-year surety coverage against defects in the workmanship and materials. 2-year surety coverage against defects in systems delivery.
The HUD Warranty of Completion is designed to protect homebuyers and ensure that construction adheres to approved standards. It serves as a legal document that holds the builder accountable for quality and compliance with requested specifications.

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