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A home warranty is similar to an insurance policy on the systems and appliances in your home. The home warranty covers things like air conditioners, furnaces, water heaters, pool equipment, washer, dryer, and more.
If you are selling a property this summer, talk to your agent about putting a home warranty policy in place. That way, if one of your appliances fails because of the hot weather while the home is on the market (or in escrow!), you will be covered. The home warranty will also eliminate a lot of those out of pocket expenses for repairs.
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A home warranty will save you thousands on expenses
If you are buying a property, ask your agent to call the other party to see if there’s a home warranty policy in place. If not, I recommend putting one in place the minute the property closes. That way, if something breaks after you buy the home, you are covered if you need a replacement. In fact, when I bought my last home, there was a major issue with the garage just three weeks after we closed. It would have cost $1,000 to repair. Luckily, we had a home warranty in place, so it only cost us a very small fee.
As you can see, home warranties are incredibly important. If you have any questions, give me a call or send me an email. I would be happy to help you.
