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.
| Buyer's Benefit | Seller's Benefit |
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- Peace of mind
- Budget Protection
- Convenience
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- A potentially faster sale
- A sale closer to the asking price
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| Items normally covered by a home warranty: |
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| 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 calculator,
click here.
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.
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Contact Us
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Dollar Bank representatives are available Monday through Friday from 8:00 AM to 8:00 PM and Saturday from 9:00 AM to
3:00 PM
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