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Do You Want a Home Warranty with Your Home?

By Larry Johnston

Real Estate Agent with Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC RB14037276

July 29, 2014 05:20 AM

The best advice I can give a Buyer is, "Get a Home Warranty". Remember, when your Buyer is buying a new home, it is only new to the Buyer, unless he is the first owner of the home. It's just like buying a used car. You are buying all the problems along with the home.

In this photo, I took in either Kentucky or Tennessee, it's obvious that there my be a few problems that need some attention, but we show homes every day, that look great from the outside, and even the inside, but just like a used car, we find out the hidden problems after we close the sale. Anything from a leaking faucet, to a furnace on the verge of disaster, the buyer needs to be prepared for the worst. A home warranty doesn't cover everything, but it sure helps when you need it.

They say, "Don't judge a book by it's cover." The same goes for a home For Sale. Contact a home inspector and spend the extra few dollars before you buy and then get a home warranty. You will be glad you did.

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If you know someone who wants to Buy or Sell a Home in Elkhart County, Indiana, have them call me:

Larry Johnston, 574-304-7577, Elkhart County Subdivisions, LLC, Elkhart, Indiana,

or email larry@larry-johnston.com

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Loreena and Michael Yeo

3:16 team REALTY ~ Locally-owned Prosper TX Real Estate Co. - Prosper, TX

Real Estate Agents

99.9% of our sales contract is written with the seller paying up to a certain amount. I do think the buyers should take advantage of it. There's something that happens between the inspection and closing/ move in that suddenly things dont work anymore, so I do think it's great advice.

However, purchasing a home warranty continuously depends on the homeowner's personal finances.

Jul 30, 2014 12:39 AM

Larry Johnston

Elkhart, IN

Larry Johnston

Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN

Broker,Friends & Neighbors Real Estate, Elkhart,IN

Hi Gita, So do I. That is a great plus having the home inspector give a home warrnty.

Jul 30, 2014 01:24 AM

Larry Johnston

Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN

Broker,Friends & Neighbors Real Estate, Elkhart,IN

Hi Nina, that's nice to have a 90 warranty with the inspection. It saves the buyer from having to pay for both.

Jul 30, 2014 01:26 AM

Bruce Kunz

C21 Solid Gold Realty, Brick, NJ, 732-920-2100 - Howell, NJ

REALTOR®, Brick & Howell NJ Homes for Sale

Well said, Larry. Home Warranties are always strongly suggested to our buyers. We also strongly suggest Home Warranties to our sellers. They cover the home for the sellers while it is listed then transfers as coverage for the buyers after closing. I've seen it pay off several times and even if it is not 'used' the piece of mind is invaluable..
Thanks for sharing,
Bruce

Jul 30, 2014 02:50 AM

Larry Johnston

Elkhart, IN

Larry Johnston

Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN

Broker,Friends & Neighbors Real Estate, Elkhart,IN

Hi Richie, The largest investment of your life, so why not have a warranty and an inspection?

Jul 30, 2014 03:18 AM

Richie Alan Naggar

Riverside, CA

Larry Johnston

Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN

Broker,Friends & Neighbors Real Estate, Elkhart,IN

Hi Shannon, You can't argue with the bottom line. Good job.

Jul 30, 2014 03:20 AM

Larry Johnston

Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN

Broker,Friends & Neighbors Real Estate, Elkhart,IN

Loreena, Thanks for the comment. They at least need the first year, but it is well worth it for as long as you own the home.

Jul 30, 2014 03:22 AM

Larry Johnston

Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN

Broker,Friends & Neighbors Real Estate, Elkhart,IN

Hi Bruce, The peace of mind is well worth the cost of a home warranty, for sure.

Jul 30, 2014 03:24 AM

Lori Spohn

Eugene, OR

We offer home warranty's as a gift at closing! It is one of the best things to do for our buyers!

Eugene/Springfield Oregon

Lori Spohn

Realty One Group

Jul 30, 2014 07:14 AM

Larry Johnston

Elkhart, IN

Larry Johnston

Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN

Broker,Friends & Neighbors Real Estate, Elkhart,IN

Hi Lori, That's a great idea and because of it, the news speads to other firends and neighbors.

Jul 30, 2014 11:06 AM

Bruce Walter

Keller Williams Realty Lafayette/West Lafayette, Indiana - West Lafayette, IN

Larry, I see electric and telephone wires and no biffys so it definitely is Kentucky or Tennessee since they are in the modern world now.

If that house didn't have electricity and telephone wires it would have to have been in Southern Indiana in Hoosier country!

Jul 30, 2014 11:41 AM

Larry Johnston

Elkhart, IN

Debbie Reynolds, C21 Platinum Properties

Platinum Properties- (931)771-9070 - Clarksville, TN

The Dedicated Clarksville TN Realtor-(931)320-6730

Larry, A home warranty is so important. When we sell we offer a home warranty at our expense.

Jul 30, 2014 01:01 PM

Larry Johnston

Elkhart, IN

Larry Johnston

Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN

Broker,Friends & Neighbors Real Estate, Elkhart,IN

Hi Bruce, Great eye. Thanks for the information. Have a great day.

Jul 30, 2014 10:00 PM

Larry Johnston

Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN

Broker,Friends & Neighbors Real Estate, Elkhart,IN

Hi Debbie, That is a great selling tool. Good job.

Jul 30, 2014 10:02 PM

Monte Wall

Keller Williams Premier Realty - Katy, TX

Keller Williams Premier Realty - Katy, Texas

Larry, it's good for sellers too because if something breaks the week after closing it keeps the seller from getting a phone call from an irate buyer.

Jul 31, 2014 11:49 AM

Larry Johnston

Elkhart, IN

Larry Johnston

Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN

Broker,Friends & Neighbors Real Estate, Elkhart,IN

Hi Monte, You make a good point. We don't want problems right fter the sale.

Jul 31, 2014 01:21 PM

Claude Labbe

RLAH / @properties - Washington, DC

Realty for Your Busy Life

As has been pointed out, getting a home warranty with the listing is also smart. It's a marketing tool, and often buyers will write their offers with one, so this ensures the seller also gets the benefit to be covered for the period during the listing and while under contract. And yes, it's a great marketing tool. Ultimately, clients benefit, both sellers and buyers.

Aug 03, 2014 02:29 PM