Best Closing Gift Ever - A Home Warranty, the Gift that keeps on Giving
In this market of foreclosures and short sales buyers are commonly seeing homes that need a lot of repairs. In San Diego almost every neighborhood has foreclosures and short sales. Typically short sales and bank owned foreclosures total any where from 20% to 50% of the available homes for sale.
One of the major problems in buying short sales or foreclosures is that the buyer needs to assume the cost of repairs. Considering that the owner hasn’t been able to make their payments, its easy to understand that the homes are needing a lot of “help”. Often banks won’t pay for the repairs and short
sale owners don’t have any money so the buyer is stuck with the worry.
Often I pay for the Home Warranty as my gift to my buyers. It’s a lot of money but the return is more than worth it.
One client had only been in their home for two months when the hot water heater broke, of course on a Saturday night. The next day they called the Home Warranty company , a service man showed up and replaced the hot water heater. Here is the email I received -
share this benefit than leave my clients to worry about the things that can go wrong. I know it's sometimes possible to get the homeowner to pay for it but then I would never receive the compliment or the referral. It's my best closing gift ever and I wouldn't have it any other way.
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