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.
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
- 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|
|* Usually optional coverage|
Home warranty coverage has specific terms and conditions. Ask your real estate agent for details.
To try our mortgage calculator,
The information presented in this publication is general in nature; 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.