Not all of anything are "created equally." And....so it goes with Home Warranties. There are agents who will tell you "they don't cover anything." These are the agents, to our mind who have not researched the policies that are available to them in their markets. Different companies have different conditions and benefits.
This year, as we do every year...we reviewed the policies available...coverage, prices, etc. change from year to year. We always have a home warranty on our own house.
The "fairy tale" about home warranties is that they can only be purchased when you are buying or selling a house. Soooo not true ! What IS true is that if....your refrigerator died, the furnace went out and the water is leaving puddles...those are "known defects" and will not be a. If there are problems immediately after purchasing a new...the warranty company may ask for a copy of the inspection report. There may be some items pro-rated. Some policies may have the of greater efficiency or that is "greener" or has more features. There may be optional items that you would like covered that are not included in the coverage offered by the policy that may be offered by the Seller(s). The hot tub...extra refrigerator...pool etc. may be "add ons" not covered.
This past year we have had clients with thousands of dollars in home repairs covered. Furnace replacement, serious plumbing issues corrected, garage door openers, water heaters, refrigerator, oven....and the list goes on and on.
A home warranty premium is a small price to pay for a new .....name that appliance...or major repair. If you are an agent...study the policies available...IF you are a Buyer or Seller...ask your agent to do her/his homework on the available plans...it is their job.
If you are a consumer and looking to have your home covered by a warranty for your property in southeastern Wisconsin...Call the Hansons and we will be happy to discuss the options available. This is not a commissionable item...it is a highly recommended item and one we will gladly introduce you to by calling us at: 414 525 0563.
This has been a real estate service post brought to you by Sally K. & David L. Hanson, Broker Associates with EXP Realty honored to be of service for all things real estate in southeastern Wisconsin.
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