Advantages of a Home Warranty

By
Real Estate Agent with America's Network Realty Group, Inc

 

Buy or sell your home with confidence. If you are buying a home, a home warranty protects you from repair and replacement costs on your new home's major systems and appliances. If you are selling a home, a home warranty may help your home sell in less time and for more money.

Benefits Of A Home Warranty
Home warranties offer valuable repair and replacement protection on major home systems and appliances including:

  • Heating
  • Plumbing
  • Electrical
  • Air conditioning

Home warranties repair or replace the mechanical systems and major built-in appliances that may break down due to normal wear and tear for up to one year. Most plans are renewable annually.

Advantages for Buyers
Buyers are protected from unforeseen repair and replacement costs. The term is usually for one year after the purchase of a home. During this time, the typical customer uses his or her warranty plan an average of 2.3 times.

Advantages for Sellers
With a warranty plan, the seller and his or her agent carry a reduced liability for any unforeseen problems that may occur both while a home is for sale and after it is sold. By including a home warranty plan, the seller makes a statement of confidence that can strengthen the home's asking price and reduce marketing time.

Posted by

Susan Jackson, Associate Broker

Americas Network Realty Group, Inc

1532 Dunwoody Village Parkway

Atlanta, Georgia 30338

Office: 770-551-5850     Direct: 770-551-5852   Fax: 770-551-5866

Email: sjacksonhomes@gmail.com

Website: www.kstrealty.com

Americas Network Realty Group, Inc

Comments (4)

Nina Gail Betancourt
North Country Sotheby's International Realty - Croton on Hudson, NY
Westchester County NY

I can't belive more agents don't use warranties when listing and selling homes. It takes care of so many issues allowing you more time to spend listing and selling. Great post.

Feb 22, 2011 07:42 AM
Laura Forman
RE/MAX AEROSPACE REALTY www.LauraSellsBrevard.com - Melbourne, FL
Your Brevard Premier Property Specialist

A home warrenty is a small investment in peace of mind when there is a financial risk of uncertainty.

Feb 22, 2011 08:03 AM
Gary Coles (International Referrals)
Venture Realty International - Las Vegas, NV
Latin America Real Estate

Susan, I think home warranties are one of the best ways that a Buyer or Seller can invest a few dollars.  They are both a great protection and an excellent marketing tool.

Feb 22, 2011 09:44 AM
Susan Jackson
America's Network Realty Group, Inc - Sandy Springs, GA

Thanks Nina, Laura and Gary, agreed it is a no brainer for both seller and buyer

Feb 22, 2011 12:44 PM