What Woodbury MN Home Buyer’s Should Know - Durham Executive Group

By
Real Estate Agent with Durham Executive Group - RE/MAX/Results

What Woodbury MN Home Buyer's Should Know - Durham Executive Group 

 

What Woodbury MN Home Buyer’s Should Know - Durham Executive Group

 

There are many things a home buyer in Woodbury MN 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 in Woodbury MN 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.

John and Becky are top selling Woodbury MN real estate agents with backgrounds and work experiences that set us apart from our competition. We are both educated with post graduate degrees and have worked in upper bracket professional management positions in both business and educational settings prior to real estate. We know how to work with all social and economic clientele - whether it's a first time buyer, or a multi-million dollar client. We put the emphasis on ‘EXECUTIVE LEVEL' service regardless of the size of the transaction.

Our mission statement embodies putting the client first. We recognize the importance of listening to, and fully understanding our clients' needs and concerns. Each of us brings a unique set of marketable skills with none more important than integrity and honesty. We give our word that there will never be a transaction we are involved with that is not handled with professionalism, honesty, and integrity. Additionally, we pride ourselves on our communication skills and the ability to market and negotiate our client's properties with superior results. 

John and Becky Durham, MS, ASP, ARS

What Woodbury MN Home Buyer’s Should Know - Durham Executive Group

 

http://www.WedgewoodLuxuryHomes.com

http://www.durhamsoldit.com/Nav.aspx/Page=%2fPageManager%2fDefault.aspx%2fPageID%3d1572141

http://www.durhamsoldit.com/PageManager/default.aspx/PageID=2175439

http://www.InterlachenWoods.com

http://www.durhamsoldit.com/PageManager/default.aspx/PageID=2175537

Posted by

John and Becky are real estate agents with backgrounds and work experiences that set us apart from our competition. We are both educated with post graduate degrees and have worked in upper bracket professional management positions in both business and educational settings prior to real estate. We know how to work with all social and economic clientele - whether it's a first time buyer, or a multi-million dollar client. We put the emphasis on ‘EXECUTIVE LEVEL' service regardless of the size of the transaction.

Our mission statement embodies putting the client first. We recognize the importance of listening to, and fully understanding our clients' needs and concerns. Each of us brings a unique set of marketable skills with none more important than integrity and honesty. We give our word that there will never be a transaction we are involved with that is not handled with professionalism, honesty, and integrity. Additionally, we pride ourselves on our communication skills and the ability to market and negotiate our client's properties with superior results. In fact, our efforts were recently recognized with an award for our client marketing. This is a prestigious award only a few agents in the Twin Cities receive from the National Association of Realtors and Realtor.com.

 

John and Becky Durham

REMAX Results

604 Bielenberg Drive

Suite 100

Woodbury, MN  55125

Voice (651)231-2191

Fax (651)735-8246

John@DurhamExecutiveGroup.com

http://www.durhamexecutivegroup.com/ (Search All Properties Currently for Sale in Twin Cities, Greater Minnesota, and Western Wisconsin via our MLS - Enabled Search Engine)

Find Us On YouTube

 

Durham Executive Group

 

Comments (3)

Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

John and Becky --- in our area, the seller typically(not always true especially for short sale or bank owned properties) purchases the home protection plan for the buyer.  Every plan I know of has a pre-existing condition clause as part of their agreement so if a furnace, water heater, etc is found or known to have an issue, that item would not be covered.  

Feb 23, 2011 11:49 PM
John Durham
Durham Executive Group - RE/MAX/Results - Woodbury, MN
MS, MS, ASP, ARS

Michael,

Interesting how things are different throughout the country. I know the other day I was reading a blog by a home inspector where the average time a seller gives for the inspection is 15 days. Here is 3-5 days.

Feb 25, 2011 09:29 AM
Marshall Enterprises
Marshall Enterprises - Saint Michael, MN
Antiques, Lawn Care, and Trashouts

More great information from an experienced Realtor.  Thanks for the assistance!

Apr 17, 2014 06:17 AM