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Blog entries tagged with "home warranties":
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For years buyers have been told to have a home inspected and obtain a Homeowner Warranty Policy ("HOW"). That way the buyer would know the current condition of the property, and if certain things failed, there was a policy to cover them.
Home Warranties: Do They Really do the Job?
Hello All from Williamsburg Virginia,
I will risk further toe to toe conflict to open a new Pandora's Box: "Home Warranties". Again I ask you to bear with me so I may share and vent. I sold my brother's home 3 years … (9 comments)
Do home warranties protect Elkhart County Indiana Buyers in the event something goes wrong after they have purchased a property? Sometimes. That's because home warranties are oftentimes misunderstood, and not every warranty provides the same protection. All warranty companies are not equal, either.Warranties, of course, were designed to protect buyers from … (0 comments)
San Ramon, CA, March 29, 2008 --(PR.com)-- When Old Republic Home Protection, a leading provider in the home warranty industry, heard that U.A. Durr Home Warranty of Metairie, LA, had suspended operations, and that their Plan Holders might lose their valuable protection, ORHP donned its “Superhero” suit and came to the … (0 comments)
HOME WARRANTIES
We had and inspection on
1941 Geddes in Ann Arbor, the seller is in Arizona,
an elderly
woman. Before the Realtor, who is also their neighbor left for her
vacation she
had the house winterized.
It
is an older home and
pipes run through the unheated underground garage. … (30 comments)
Even in a wonderful city like Suwanee, we can see the real estate market has changed a lot from what we have experienced in the past. Like other parts of metro Atlanta, Suwanee homeowners are all trying to find "it" which will provide you the leading edge over your competition. With so much inventory to choose from … (3 comments)
As a real estate agent, I discuss with all my clients the benefits of getting a home warranty for the home they are either purchasing or selling. I do so because of the security that it gives the clients if anything were to go wrong either while they are selling or … (7 comments)
WHAT IS A HOME WARRANTY?A Home Warranty offers protection at an affordable cost. A home warranty protects the owner against financial setbacks due to costly repair or replacement of covered appliances and major systems due to normal wear and tear during the warranty period. THis coverage does not include pre-existing conditions, … (0 comments)
A home warranty is a home protection plan that you can purchase to secure you in case of break or malfunction in your new home. If you are a first time home owner, this is especially necessary. Who pays for the home warranty? Home warranties are usually paid for by the … (4 comments)
A TARNISHED REPUTATION A lot of you Realtors offer home warranties to your clients, and I am certain that you do so innocently. But do you know that the credibilty of the home warranty industry is tarnished in the eye of the public ?DO A BACKGROUND CHECKHave any of you ever Googled a home warranty company's name and the … (9 comments)
Home Warranties really make senseI've been selling Real Estate for over 12 years both in NY and now in FL. Most of my business has come from listing properties and I have seen some interesting things through my travels in the business. There are some really crazy incentives out there right now that … (19 comments)
When a buyer wants to buy your home, they are spending a lot of money to convince you that they are the right ones for the deed. However, after closing costs and a large down payment, it's no wonder that buyers are skeptical of signing on the dotted line. Though, if … (0 comments)
Are Home Warranties Worth It?
What You'll Need to Get your Mortgage Approved
Interest rates on prime conforming loans fell across the board in the past week, with rates on 30-year fixed mortgages averaging 0.15 percentage points below the previous week's level. The drop in mortgage rates may give some relief to borrowers who are looking to refinance or purchase a home.
I don't know about you but I swear by providing a home warranty to the buyers of properties. I also offer to pay for one for the sellers of their properties to the buyers. It reduces the after sale liability and is a great selling feature. For my buyers I offer … (3 comments)
I have recently discovered away to resolve potential inspection problems.Inspector's will put the average life expectancy in their inspection report. I am not a fan of this I like inspection reports that the items are either FUNCTIONING or NON_FUNCTIONING. When it comes to inspection reports I do not like GREY areas … (0 comments)
Many buyers ask this question before writing a contract and my answer to them as well as to the seller if I am the listing agent is....I would strongly consider the pros (plural) vs. the con. The only con would be price. Like anything of value there is a cost associated … (0 comments)
OK there, if you're wondering why I have no freinds, it's because I DON'T KNOW HOW TO FIND ANY (ha, ha!) maybe no one even sees this, I don't know but this is pritty cool. Yes, I know.......... sista girl need to get her hair done and a professional photo, well........ … (8 comments)
For a number of years -- at least 10 -- I have encouraged my selling clients to throw in a free home warranty from one of the warranty companies like American Home Shield. It seemed to be both a good marketing strategy for the seller and as a help against the … (31 comments)
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Buying or selling a home is one of the biggest financial transactions most people will ever make, and there can be a fear of the unknown on the part of either party. For a seller, the thought is: "What if my buyer finds some epensive problem that I have to fix?" … (4 comments)
I think warranties are a great marketing tool. They help you sell your house in a shorter period of time and for more money, much in the same way a warranteed car would sell quicker and for more money than an exact model with exact mileage and condition that wasn't warranteed. … (1 comments)
We're going to post a new series offering professional advice for developing insight into todays homeownership experience. Each article we post will be straightforward and informative and we certainly hope you enjoy them. 
Home sellers who purchase a Home Warranty for the home being sold offer significant advantages to the eventual buyers. Purchasing a home with a Home Warranty provides the buyers with "peace of mind" should an unexpected repair to an appliance or major mechanical system be required. Home Warranties are typically 12 to 13-month policies that … (4 comments)
Today the regional director of HSA Home Warranty for our area spoke at our Tuesday meeting regarding HSA Home Warranties as well as home warranties in general.Probably one of the most misunderstood areas of this warranty is what is covered and what is not. First of all, a home warranty covers … (3 comments)
How often do you have home warranties on your listings?How often do you write home warranties on your offers?Which home warranty company do you prefer and why?What is the cost for the warranty?What is the deductable for the warranty?25 years ago I had a difficult time "selling" warranties to my clients. … (11 comments)
I'm a firm believer in home warranties. I have always bought them for pc's and figure why should a home be different. With the higher liability potential in homes, it just makes sense.Every buyer and every seller I work with buys or receives a home warranty. It is not an option when … (0 comments)
1. Prepare to be flexible. Don't take it personally if you don't get the price you expected. Accept the facr that the market will set the price.2. Consider staging your home to make it more appealing. Seek advice from an expert (Interior and or Exterior Decorator, A Stager and or a Real … (2 comments)
Often times when I am working with both sellers and buyers, I have to explain the reasoning behind either offering a Home Warranty (if working with a seller) and purchasing a home warranty (when working with the buyer). More times than naught, it is the seller that doesn't truly see the … (1 comments)
What You Should Know About....HOME WARRANTIES 1. Home warranties can increase the perceived value of your home.In a recent Gallop survey of home buyers, pre-owned homes with homewarranty coverage commanded as much as 2% in higher perceived valuethan homes without warranties. By increasing perceived value, you're more likely to get full asking … (6 comments)
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