Everyone Should Have a Home Warranty?
A home warranty is sometimes included in the sale price of a
home, however sometimes the warranty is not included. A home
warranty is definitely an advantageous purchase for a buyer. When
you purchase a home, you have no guarantee that the heating or air
conditioning systems won’t stop working. There is no promise that
the electrical system won’t experience problems. And, of course, if
the home includes appliances, there is no way to know for sure that
they will remain in perfect operating condition.
A home warranty is a service contract that gives the homeowner
assurance, knowing that should there be any problems with the
covered systems and appliances, they are covered. Every home
warranty company and contract is different. You should always
review your options for coverage prior to purchasing a home
warranty and familiarize yourself with coverage levels if it is
included in your purchase.
When you call for home warranty service, a technician will be
sent to your home to evaluate the problem. Should it be determined
that normal wear and tear is responsible for the malfunction you
are experiencing, the system or appliance will be either repaired
or replaced. That decision rests with the warranty company, who
will notify you of their decision shortly after the technician’s
visit.
If you are selling your home, you have the option to include a
home warranty in the sale of your home. There is a seller benefit
in some contracts, that covers repairs or replacement during the
time that the home is listed for sale.
If you do purchase a home warranty, review the list of
exclusions, included systems and appliances and the terms of
service agreement immediately. If you should experience a problem,
it is critical to call the service line at the warranty company as
soon as possible. This will ensure that your problem is addressed
quickly.
If you are buying a home, it is important to protect your
investment with a high quality home warranty contract.