A home warranty is a contractual guarantee that covers the repair or replacement of many of the most frequently occurring breakdowns of home systems and appliances.
Q. As a Seller, why do I need a home warranty?
1. You’re protected while your home is on the market. Mechanical system failures are covered during the listing period for up to one year – you simply pay a low deductible.
2. You have a marketing edge. A Home Warranty can help sell your home faster and closer to your asking price. The warranty enhances your home’s value to prospective buyers and helps secure the best possible price for your home.
3. You are helping prevent post-sale disputes. If an unexpected failure occurs in your home after the sale, the buyer turns to the home warranty company in lieu of you.
Q. As a Buyer, why do I need a home warranty?
1. You are prepared for the unexpected. Your home is most likely one of your biggest investments. The cost of repairing or replacing appliances and systems in your home can easily put a strain on your budget. A home warranty cannot prevent systems or appliances from breaking down, but it can help make covered repairs or replacements easier and less costly. Be prepared in advance.
2. You save yourself time and keep it simple. A Home Warranty provides the convenience of one source for most repair needs. Finding a qualified professional to solve your problem can be stressful and inconvenient.