Jackie Chetcuti
Jackie Chetcuti

FCT recently launched Home Protection Solutions (HPS), a new division that will provide prospective home buyers and sellers in Ontario with a third-party home inspection and transferrable warranty. The company says up to $20,000 worth of warranty coverage will be provided for defects on the “blind spots” of a home’s major features, such as the roof, foundation, heating and cooling system.

“Buyers often fear that they may have to incur significant expenses soon after acquiring a home, and sellers may be hesitant to get an inspection at the risk of significant repair costs prior to listing their property,” says Jackie Chetcuti, head of HPS. “These products seek to reduce this anxiety by assessing over 400 features around the house through an independent home inspection, and provide warranty coverage on a property’s larger, stress-inducing blind spots that are often expensive to fix.”

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Sellers can invest in an 18-month transferrable warranty and home inspection that can FCT says could potentially reduce days on market and increase the property’s overall selling price by removing the need for a buyer’s home inspection and reducing risks related to home quality.

For buyers, the warranty plan offers a comprehensive home inspection and 21-month $20,000 warranty, which goes into effect after the home inspection is complete.



  1. B.R.

    Although this article is years old, it might trigger some conversation.

    Some topics worth reviewing perhaps:

    Are you aware that Title Insurance doesn’t cover misplaced fences ( puts in writing that fence issues are never covered by title insurance, and not wrongly described lot lines that do not match survey, according to Stewart Title?

    Even when buyer lawyer says cannot use this as a reason not to close, when buyer accidentally discovers before closing? And not “Force Majeure.”

    Listing agent MLS describes lot size as measurements she took within fenced backyard because she doesn’t know how to describe a trapezoid. Buyer accepts and acknowledges in offer that MLS lot description is wrong. TREB refused to correct the listing. Request has to come from listing agent who refuses; listing was co-broke board so was wrong in two boards. Listing agent broker refuses to get involved. Next time the house is sold the new listing agent replicates the errors by repeating old MLS information.

    House one and a half years old at initial time of resale, Tarion rejects any involvement. Sump pump “pit” later discovered incorrectly dug by builder; no way to have discovered until seasons change. Original owner never complained in year and a half living there, builder has no obligation to resale buyer.

    No wonder the public is confused.

    Carolyne L ?

  2. I found the warranties to cover almost nothing, and making a claim to be extremely difficult. If you have an alternative option, I’d go with it. The intent of the warranty is to help you buy with confidence, but when a situation arrises you may have assumed this warranty would cover, it actually does not.


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