It is a myth that home warranties are only purchased when you buy or sell your home. Many sellers will offer home warranties with their homes to extend the assurance of a good deal for buyers. It can help to make the daunting task of preparing to be a home owner a little easier. I have also had buyers buy a home warranty on their own to make them feel more confident with their home purchase.
But what happens after the initial year of coverage? Most will say they just let it go and don't think about it again. Even more folks I have spoken with recently thought they could only be purchased during a real estate transaction. They were under the assumption that realtors were the only source of warranties.
This couldn't be farther from the truth. Home warranties companies can be contacted by any one. Real estate agents will usually be involved in the process of setting them up during a transaction, but the truth is they are something you can buy for your home at any point. In fact you can keep renewing them every year or get one out of the blue.
The only catch is that you have to get your home warranty before you have a problem. Generally problems discovered prior to purchasing the warranty won't be covered. It is important for home owners to call around and find out what type of coverage is offered and at what price. Often the minimal cost of a home warranty can save thousands if something does go wrong.
Author:Curt Stuart Phone: 540-219-8585 Dated: December 2nd 2017 Views: 565 About Curt: ...
View our latest blog posts in your RSS reader. Click here to access.
In July 2010, Mike and Ellen Butters opened the doors of EXIT Cornerstone Realty. As owners of EXIT Cornerstone Realty, Mike and Ellen focus on forming highly educated and trained agents to serve you, our valued client. Whether you're a first-time home buyer, experienced investor, or homeowner facing mortgage problems, EXIT Cornerstone's superior agents will exceed your expectations and provide you with the full-time service you expect. For more information call us at 540-825-9898.
To Buy or Not to BuyI would say as a realtor, the question I am asked
"The Butters team came highly recommended to us by professionals in the Culpeper area. Ellen Butters was so thorough in her examination and appraisal of the property and Mike Butters fulfilled our many needs on site and kept us abreast of sales progress on a weekly basis. As first time sellers, we are thankful for the integrity and friendly manner of the Butters team. Dianna Banks and the office staff was always there to answer our needs. Living nearly 100 miles away and being senior citizens, we certainly appreciated the attention to detail we experienced, the flow of information and - most importantly, the timely sale of our Culpeper property.