The Home Warranty

When I put a bid in for my clients, I usually encourage them to ask for a Home Warranty paid by the seller. What is this and why do you want it? A home warranty is basically a service contract designed to repair or replace the major systems and appliances in a home as they are used over time. It guarantees a home buyer that if something breaks due to normal wear and tear, the warranty company will provide coverage to repair or replace it.

I cannot tell you how many times a new homeowner moves in and two days later the HVAC stopped working. The warranty usually covers parts and labor and major appliances like refrigerators, dishwashers, washer/dryers, and even microwaves. It covers built-in systems, such as HVAC and ductwork, garbage disposals and ceiling fans. The warranty is for usually a year, but you can extend it. Plans usually run $400-600 annually and you have the choice of adding a premium package to the mix if you’d like. This can cover such costs as disposal of equipment, code upgrades and permits which are sometimes not covered with most plans.

It’s just some added protection as you start your new chapter and I recommend getting it highly when writing up the contract. It’s just some added assurance that if and when things start to fall apart, you are covered. I have highly recommended warranty companies I use and getting a quote is so very easy. Feel free to peruse their sites to get a better understanding of what can be covered in your home warranty. Happy House Hunting!