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Thursday, February 12, 2009

The Importance of a Home Warranty

When I work with sellers I like to be sure they understand the importance of purchasing a Home Warranty (even though Realtors don’t make commissions when these warranties are sold). During the listing period, should an appliance break down or should the HVAC system have problems, if the homeowner has a comprehensive home warranty they will only be responsible for the cost of a service call, typically about $60. This service provides huge peace of mind when there are so many other things on your plate. In addition, a home that comes with a warranty provides a comfort level for interested buyers, as well as an edge over the competition.

Even if your home isn’t on the market, you should consider a home warranty for all the same reasons. And if you live in an older home, unless your HVAC and appliances have been replaced recently, their pieces and parts are beginning to wear out. For example a new HVAC system may cost over $5,000 making the cost for a warranty seem well worth the investment.