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. 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.
82
Powered by FlippingBook