management for you.
A HOME WARRANTY LETS YOU SLEEP BETTER AT NIGHT!
Whether you’re a first-time home buyer or empty nester downsizing after several previous home buys, it might be a brilliant idea to have a warranty plan so that you can sleep well at night. The advice also applies to experienced real estate owners who don’t want to have the thought of maintenance and repairs hanging over their heads. A home warranty is a way of protecting yourself from expensive, unexpected repair bills. Depending on the local market and the deal, the seller or buyer can pay for the home warranty. A home warranty paid for by the seller can be a negotiation point or inducement offering to protect the buyer from having to do any additional, expensive repairs to the house after the deal is closed. The cost of a home warranty is generally not too high — often between $350 and $600, depending on the coverage. The payment must be made one year in advance. If you need to use such a warranty, the procedure is simple. When there’s a problem, the owner calls the warranty company, announcing the service provider who will be fixing it. The provider will contact 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 goodinsurance plan is to deal with a reputable company and knowingg all the details.
80
Powered by FlippingBook