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Home Warranty Benefits Both Buyers And SellersWith a major investment like your home, you want to leave little to chance. If you're buying a previously owned home, you'll want to be sure that the appliances, heating system and cooling system are in good operating order. A warranted home protects the buyer in the event of a failure of appliances / HVAC systems during a specified time period. In the event of a malfunction during the warranty period, a qualified service contractor will repair or replace the items under warranty. The buyer and/or the seller may be able to purchase home warranty coverage under certain circumstances.
Items normally covered by a home warranty:
Home warranty coverage has specific terms and conditions. Ask your real estate agent for details. To try our mortgage calculators, click here . The information presented in this publication is general in nature and it is not our intention to provide specific advice to individuals or a comprehensive discussion of the subject matter. We suggest that you consult with your financial or tax advisor, accountant or attorney to obtain specific advice or comprehensive information. |
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