Home Warranties – The FactsJune 25, 2012
Fact – Home warranties cost money.
After the closing, when the buyer has moved in, they may insist that something is broken that they shouldn’t have to pay for and insisting even more that the seller pay for the repair. Regardless of whether it was broken before the closing or after, a home warranty can handle that possible problem. With a home warranty, the company that holds it will take over, taking the seller and the agent out of the loop and avoiding any potential problems. Instead of calling you, the new homeowner will call the company.
Having a home warranty takes the responsibility for repairs and negotiations for repairs out of the hands of the buyer and agent and puts it away from them, saving the possibility of future relationships for all parties concerned. Peace of mind is worth the cost.