payment must be made one year in advance.
In case you need to use such a warranty, the procedure is simple. When there’s a problem, the owner calls the warranty company, which then announces the service provider who will be fixing it. The provider will call the owner to schedule an appointment and fix the problem. The insurance company will pay the service bill. Be careful when choosing a plan because there are many existing coverage differences. Pay attention when reading the fine print relating to the conditions for coverage and the reasons claims may be denied. The secret to getting a good insurance plan rests in dealing with a reputable company and knowing all the details.
GETTING AN APPRAISAL DIFFERS FR IFFERS FROM THE EVALUATION BY A PROPERTY INSPECTOR
A real estate appraiser is a state-licensed expert who determines the value of a certain property. When it comes to closing a financial transaction involving a property, both the seller and the buyer depend on his or her evaluation. This procedure is meant to protect the buyer — as well as the lender that offers the mortgage loan — from purchasing an overestimated and overpriced piece of real estate. Property appraisers aren’t the same as property inspectors. The difference between an appraiser and an inspector is that the former will look only for obvious issues, while the latter checks, in a more detailed manner, items such as the plumbing or the air conditioning system. The appraisal report is required by the bank, and the cost is included in the mortgage cost. The appraisal expert evaluates the property using one of these two methods: sale comparison approach, by comparing your home with other similar ones that were sold in the area, or the cost approach, used mainly for new buildings — a method that
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