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What is a Home Warranty Protection Plan?

Reblogger Fred Griffin Florida Real Estate
Real Estate Broker/Owner with Fred Griffin Real Estate Florida Broker BK436788
Original content by Potranco Realty 492107

Protecting your Budget

Now that sounds like good title right?

Home protection plans help homeowners cost when unexpected breakdowns occur and repairs have to be made. Typically a service agreement with a Home Warranty company covers replacement and repairs of major home system components and appliances etc.

 

As a real estate professional we often advise both sellers and buyers to consider a home warranty plan when negotiating their contracts to help keep the home protected from the expenses of unexpected repairs during the moving-out and moving-in. 

 

Home Insurance

 Home Insurance typically protects your home from things like fire, theft, or natural disasters. Where as a home warranty helps protect your budget.

There are many home warranty companies to choose from who can offer you basic coverage plans, silver coverage plans or gold coverage plans. Basic prices start around $400 to $450 and have optional coverage with additional cost like pools, wells, septics, swimming pools/spas, pumps and more. Generally a home warranty plan is only good for twelve to thirteen months and will need to be renewed.

 

Less stress and less worries, consider a Home Warranty Plan by protecting your budget.

 

 

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Texas law requires Agents to give the following Information About Brokerage Services (IABS)to prospective buyers, sellers, tenants, and landlords.  Information About Brokerage Services

Posted by

Frederick Griffin, Licensed Florida Real Estate Broker    

 

 

  

 

 

 

Tallahassee Florida Metropolitan Area    

 

Disclaimer:  Nothing in the above blog article is to be construed as legal advice, tax advice, or financial advice.  For legal advice see an attorney.   For tax advice or financial advice see a tax attorney, certified public accountant, or other qualified professional.

 

Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

We also are cheerleaders for home warranties,...and have one for our own home.

Sep 29, 2018 04:48 PM
Potranco Realty
Potranco Realty - San Antonio, TX
"Sold with Potranco Realty"

Hello Fred Griffin we disclose we're partners who receive compensation with American Home Shield Warranty with Coldwell Banker. Our sellers policy is only $75.00 and they don't have to pay until closing, however it's additional $450 for the buyer side the seller will pay, peace of mind for both parties. Of course with additional add ons it can cost more.

Sep 30, 2018 03:39 AM