Home warranties today range in price from $375 to $500. When paying out fees for title, attorney, loan app, flood certification do I really need a home warranty? The answer is yes. The average home buyer is usually pressed to make their payments and have enough money to live. The last thing a young home buyer needs is an unexpected major appliance to fail. A furnace is $2000 and up same for an air conditioner. The $400 is a great assurance for a new home owner.
The other side of the coin is, more and more the courts are filled with litigation from consumers being taken advantage of. The best way for a seller to avoid any implication or impropriety is to offer a home warranty to the buyer. It will give you peace of mind.
Third, real estate agents, the purchase of a home warranty will protect you from further litigation and a great incentive to offer your buyers.