home warranty: Are You And Your Home Warranty Ready For The R-22 (Freon) Phaseout?
- 08/05/19 02:50 PM
Are You And Your Home Warranty Ready For The R-22 (Freon) Phaseout?The industry standard for air conditioning refrigerant since the 1950s, Freon or R-22 now faces a phaseout in the coming year. For you, a homeowner with an existing R-22 system, this might mean a higher cost for repair if needed. Here's some background info on the R-22: Chlorofluorocarbon (CFC) refrigerants like R-22 simply put are gases that attract warm air from surrounding sources. A cooling effect is achieved by the R-22 with the help of HVAC coils by converting the warm air into liquid that is then released back into a (1 comments)
You might already know that the retail cost for refrigerant averages $80-$150 per pound but are you aware that some home warranty companies cover only $10 per pound for air conditioning refrigerants like R-22 and 410A? Yes, you got it right... that translates to a hefty bill for your client if their covered service requires refrigerant!
Now don't you and your clients fret... Yvette Myer was kind enough to share with us that their Old Republic Home Protection has a no dollar limit on R-22 (i.e., Freon) or 410A (i.e., Puron) refrigerants (0 comments)
Why puchase a Home Warranty? Home warranties can save homeowners hundreds if not thousands of dollars in unexpected costly repairs and replacements to major systems in their homes. Without home warranty, you might spend the following figures* for repair or replacement costs for major systems and appliances**:
With an Old Republic Home Warranty Plan, you'll have superior budget protection, convenience and peace of mind whether you are selling or buying a home. Minimize the risk of experiencing closing delays and incurring extra expenses caused by home system and appliance breakdowns during the listing and selling periods with Seller’s Coverage. Including (1 comments)
Why Do I Need A Home Warranty? What Kind Of Home Warranty Do I Buy?
Home warranties are designed to cover the major systems in a home. Major plumbing, electrical, air conditioning and heating systems and built in appliances are covered for repair or replacement by most reputable home warranty companies. Additional coverage may also be purchased such as pool coverage and washer, dryer and refrigerator coverage.
Unlike homeowners insurance, home warranties have much lower deductibles and the actual premiums are much lower. The deductibles range anywhere from $55-75 and the premiums average $400-450 for Standard (6 comments)
home warranty: What Is A Home Warranty? Where Do I Buy A Home Warranty?
- 11/01/12 12:17 PM
What Is A Home Warranty? Where Do I Buy A Home Warranty? Home Warranties were developed in the late 70's to protect home owners against costly repairs or replacements which may arise to any major system or appliance in their home. Home warranties are designed to cover the major systems in the home; the plumbing, electrical, air conditioning and heating and the built in appliances within the living space of the home and the garage due to common wear and tear. When a system or appliance fails, the homeowner can call the Home Warranty Company, pay their deductible and if the system or (0 comments)
How Do HOME WARRANTY Companies Cover REO and Short Sale Properties?
Realtors ask me this question a few times each week. A person who is purchasing a bank owned or short sale property can purchase a home warranty. However there are a couple of things they need to keep in mind.
First, these types of homes are generally sold ‘As Is’. This means the obvious, there are no repairs done to the property prior to closing. In a traditional sale the Buyer and Seller generally negotiate to have items which need to be repaired (5 comments)
Why purchase a Home Warranty? Preferred Vendor Part IV
Home warranties are designed to cover the major systems in a home. Major plumbing, electrical, air conditioning and heating systems and built in appliances are covered for repair or replacement by most reputable home warranty companies. Additional coverage may also be purchased such as pool coverage and washer, dryer and refrigerator coverage.
Unlike homeowners insurance, home warranties have much lower deductibles and the actual premiums are much lower. The deductibles range anywhere from $55-75 and the premiums average $400-450 for Standard Plans annually.
(6 comments)
home warranty: Ten Areas to Check in a Home Inspection - Preferred Vendor - Part II
- 08/23/12 09:15 AM
Ten Areas to Check in a Home Inspection - Preferred Vendor - Part II 1. Structural Components: The foundation of the home is inspected along with the floors, walls, ceilings, columns and roofs for any visual defects. We look for any structural problems and alert you if anything is noted.
2. System Exterior: The exterior walls of the home are inspected along with the flashings, trim, entry doors, windows, garage doors, decks, balconies, eaves, soffits and fascias. The vegetation, grading, drainage, driveways, patios, walkways and retaining walls and how they affect the condition of the building are evaluated. Exterior defects are noted and reported in (3 comments)
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Shanna Day Team Leader AZ & UT - Call 480-415-7616