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Rainmaker
2,901,848
Richard Weeks
Dallas, TX
REALTOR®, Broker

Good question for the  home warranty marketing rep to answer.

Dec 29, 2017 01:17 PM
Rainmaker
383,297
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

Home warranties typically cover systems that are not covered by homeowner's insurance such as repair to the heating system, appliances, etc. In Oregon, a request for a home warranty is written into the purchase agreement and payment for this is open to negotiation between the buyer and the seller. Often agents will purchase these as a generous closing gift for their buyer.

Dec 29, 2017 12:47 PM
Ambassador
4,063,361
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

As little as they can get away with.

Dec 29, 2017 06:17 PM
Ambassador
1,621,350
Alan May
Coldwell Banker Residential - Evanston, IL
Helping you find your way home.

Depends on the warranty.  Typically, there are basic, standard and over-the-top warrranties that cover different stuff.

And how is it paid??  Usually with a check, or credit card.

Dec 29, 2017 12:35 PM
Rainmaker
1,026,242
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Depends on the warranty company. 

Dec 30, 2017 09:51 AM
Ambassador
3,191,349
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Different warranty companies offer different coverage. Check with those companies that offer warranties in your area. And, here in NC & SC, they are paid from seller proceeds at Closing.

Dec 29, 2017 06:49 PM
Rainmaker
5,268,795
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Read the policy.

Dec 29, 2017 04:35 PM
Ambassador
3,981,962
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

The working systems of a house but every warranty is structured slightly different and the cost varies. The seller or buyer or anyone else can pay for it and that usually happens at closing.

Dec 29, 2017 03:31 PM
Rainmaker
3,173,351
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Every company offers different coverage if you read the contracts. The cost can be covered by the buye, seller, or even an agent!

Dec 29, 2017 02:58 PM
Rainmaker
2,944,016
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

What they say it covers and what it actually will pay for i completely different in most cases. I have not seen one worth its weight in paper. 

Dec 29, 2017 02:52 PM
Rainmaker
2,765,148
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

No different than anything else.  Look at the plans and read the fine print.

Who pays is negotiated. 

Dec 29, 2017 02:43 PM
Rainmaker
730,510
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor
Dec 29, 2017 02:24 PM
Rainmaker
1,212,279
Ryan Huggins - Thousand Oaks, CA
www.HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Depends on the company.  Read the product brochures.  It's usually paid by the seller for the first year and can be renewed by the buyer after that.

Dec 29, 2017 02:21 PM
Rainmaker
1,523,566
Sybil Campbell
Long and Foster REALTORS® 5234 Monticello Ave Williamsburg, Virginia - Williamsburg, VA
REALTOR® ABR, SFR, SRES Williamsburg, Virginia

Lynnea Miller has this one. The buyer or seller can pay for it. A homeowner can buy one as well.

Dec 29, 2017 02:16 PM
Ambassador
1,963,718
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

It depends on the company and the plan you choose. 

Dec 29, 2017 02:06 PM
Rainmaker
4,873,888
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

Lynnea and Alan gave answers that I like....

Dec 29, 2017 12:51 PM
Rainmaker
1,457,052
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL
www.SIBRealty.org 305-931-6931

Yes, great answers and I won't be surprised, if it will be asked again.

Oct 05, 2018 05:02 PM
Rainmaker
1,034,977
Valeria Mola
SIB REALTY - Sunny Isles Beach, FL
305-607-0709 SIB Realty

A lot of great answers here. 

Agree.

Oct 05, 2018 05:01 PM
Rainmaker
4,023,952
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

On the site for each warranty company, they usually offer a few different plans explaining what they cover and how much.

Jan 01, 2018 10:49 AM
Rainer
113,395
Christine Kankowski North SD and Temecula
House Match Inc - Poway, CA
Excellent Sales and Property Management

there is a brochure on the orhp.com web site. 

An owner can buy for their home or a seller can buy for the buyers when they sell.

Typically home warranties try to pay as little as possible for claims. You have a $60-75 copay for each visit, even if they tell you its not covered. 

Dec 30, 2017 08:41 AM
Rainmaker
1,367,327
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Usually major appliances, but read the fine print. There is a lot they don't cover and may required an additional rider. The seller or buyer can purchase the home warranty.

Dec 30, 2017 06:38 AM
Rainmaker
4,796,551
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Depends on the warranty company.

Dec 30, 2017 06:30 AM
Rainmaker
4,431,983
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Depends 

Dec 30, 2017 05:33 AM
Rainmaker
3,049,971
Tony and Suzanne Marriott, Associate Brokers
BVO Luxury Group @ Keller Williams Arizona Realty - Scottsdale, AZ
Serving Scottsdale, Phoenix and Maricopa County AZ

Richard Weeks nailed this one!

Dec 30, 2017 04:47 AM
Ambassador
4,298,246
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Different companies with different plans have different coverages. Check their sites.

Dec 29, 2017 09:53 PM
Rainmaker
2,707,465
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Many good responses.

Dec 29, 2017 08:30 PM
Ambassador
2,344,789
Fred Griffin presently on Leave of Absence
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Read the fine print.

At closing.  Negotiable whether Buyer or Seller pays.

Dec 29, 2017 07:07 PM
Rainmaker
1,528,946
Mike Cooper, GRI
Cornerstone Business Group Inc - Winchester, VA
Your Neighborhood Real Estate Sales Pro

They can be selected off of a menu, or you can buy a basic package that covers most systems (HVAC, electrical, plumbing, appliances) and possibility a few others. That is the one we typically offer to clients. 

Dec 29, 2017 07:05 PM
Rainmaker
912,017
Thomas J. Nelson, Realtor, ePRO, CRS, RCS-D
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

Depends on what services are purchased. Paid with cash or credit card typically 

Dec 29, 2017 07:01 PM
Rainmaker
3,977,717
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

It really depends on what is bought

Dec 29, 2017 05:42 PM
Ambassador
1,613,844
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Read the fine print.

Dec 29, 2017 01:35 PM
Rainmaker
2,980,267
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

You've received some good answers. Keep in mind different warranties cover different things... I pay  for mine by credit card.

Dec 29, 2017 01:33 PM