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Home Warranty Benefits Both Buyers And Sellers

With 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.

Buyer's Benefit

Seller's Benefit

  • Peace of mind
  • Budget Protection
  • Convenience
  • A potentially faster sale
  • A sale closer to the asking price

Items normally covered by a home warranty:

Household Item

Covered for Buyer

Covered for Seller

Heating System X
Ductwork X
Plumbing System X X
Electrical System X X
Water Heater X X
Dishwasher X X
Garbage Disposal X X
Built-in Microwave X X
Range/Oven/Cooktop X X
Trash Compactor X X
Well Pump X X
Air Conditioning X*
Washer/Dryer/Refrigerator X*
Pool/Spa Equipment X*

* Usually optional coverage

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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