What Hudson WI Home Buyer's Should Know - Durham Executive Grop

What Hudson WI Home Buyer's Should Know - Durham Executive Group 

There are many things a home buyer in Hudson WI should know upon purchasing a home, but one of the most important things a home buyer should consider is purchasing a home warranty following the inspection, and prior to the closing. The importance of a home warranty has never been more important when the cost of repairing, and/or replacing mechanical equipment or an appliance keeps skyrocketing. Then throw in the importance when a buyer today purchases a short sale or foreclosure home and the property is being  ‘Sold As Is'.  The cost of a home warranty for a multi-family unit to a single family home can range somewhere between $400 and $500. The replacement cost for a central A/C unit can cost over $4,000, and the cost of a low end heating system is over $3,000. Typically, you will pay one low deductible for covered components that need repair or replacement, potentially saving you hundreds if not thousands of dollars.

A home warranty generally covers your property for 12-months following the closing including the repair or replacement coverage for mechanical failures of major systems and appliances. Whether the dishwasher suddenly stops washing or the A/C stops cooling, you'll appreciate the savings, convenience and peace of mind that comes with home warranty protection.  While each home warranty is different from another and it is important to verify what your home warranty covers you generally will have the following items covered by your home warranty:

•a.       Air Conditioning System

•b.      Heating System

•c.       Electrical System

•d.      Plumbing System

•e.      Oven/Range/Cooktop

•f.       Refrigerator

•g.      Built in Dishwasher

•h.      Built-in Microwave

•i.       Trash Compactor

•j.       Water Heater

•k.      Garage Door Opener

•l.       Washer/Dryer

•m.     Garbage Disposal

•n.      Ceiling Fan

•o.      Sump Pump

•p.      Jetted Tub

 As a buyer, do not be caught short and regret after the fact that you did not purchase a home warranty. A lot can go wrong with a home in a twelve month period.  Case in point is a buyer who we know that purchased a 20+ year old home with an original furnace only to find out after an inspection and the closing that there was a cracked heat exchanger making the furnace unsafe. The replacement cost was nearly $5,000 for this buyer's.

Should you want to buy a home and want an experienced and knowledgeable real estate to represent you contact John & Becky Durham.