FAQs Residential Warranty Services

Frequently Asked Questions ...

Question:

Are Home Warranties a good investment ?

Answer:

You have just found a new home that you love and are planning to place your current home on the market. When the day arrives for your first open house, you begin to think of all of the things that could break down or go wrong. The air conditioner may stop working or your trusty old dishwasher might "bite the dust" the morning that the structural inspection is scheduled. Purchasing home warranty protection is one way to reduce the worries for you and your buyer.

The most popular warranty plans cover the home from the time it is listed until one year after the closing date. Although the details of these policies vary, there is usually a standard deductible of $35 to $100 (this amount differs from state to state). Many sellers arrange for and/or purchase these warranties during the listing period to make their property more attractive to potential buyers and to limit their liability in the event that a problem occurs during the listing period or is discovered after the closing.