Home Warranties 101

You may have heard that you can opt to purchase a home warranty when you buy or sell a home. But just what is a home warranty, and how can it be beneficial to both buyers and sellers during a real estate transaction? Here we’ll answer some of the most common questions we get about home warranties.

What is a home warranty?

In some ways, you can think of your home as a living being. Its systems work to help keep your home safe and healthy in order to support your lifestyle. In fact, they work so well that we often don’t think about these systems until something goes wrong. That’s where a home warranty comes in. A home warranty is a contract that protects your household systems by covering the cost of repairs or replacements for a certain period of time.

What are the benefits to buyers?

There are many reasons why purchasing a home warranty during a real estate transaction can be beneficial to home buyers. When you buy a home, you try to get as much information as possible about the condition of the home before you close the sale. But even if your home is brand new, nothing stays in perfect condition forever. A home warranty can give buyers peace of mind knowing that unexpected home repair costs will be covered. In addition, by working with Agent Home Warranty, buyers can feel confident knowing that they’ll be connected with our network of experienced technicians. You won’t have to spend hours tracking down a technician you can trust. Service is available 24 hours a day, 365 days a year so you’re always covered.

What are the benefits to sellers?

Most people think home warranties are only for home buyers. But home warranties can also benefit sellers as well. When sellers opt to purchase a home warranty as part of their real estate transaction, it can make the home more attractive to potential buyers. Buyers will have more confidence in the home, and it may sell faster and for a higher price. Home warranties also protect the seller by providing liability protection after the sale is complete.

How is it different from homeowners insurance?

One of the most common questions we get at Agent Home Warranty is how home warranties differ from homeowners insurance. Homeowners insurance protects a homeowner from damage or liability at home because of some unknown event. But a home warranty is actually a residential service contract that allows homeowners to repair or replace items in the home because of normal wear and tear.

Can it be customized to fit my needs?

Homes are as unique as the people living in them. That’s why it’s important to purchase a home warranty that can be customized to fit your individual needs. Optional coverage choices include pre-season HVAC tune-ups, swimming pool and spa equipment, and plumbing or gas leaks in pipes covered by concrete. There are many more ways to customize your plan to make sure you’re fully covered.

Contact Agent inc. today to get started

Are you ready to experience the peace of mind you’ll get from having a home warranty? Then contact the experts at Agent Home Warranty or Agent inc. at 949-791-8160 or [email protected] to get started. Let’s open your world to new possibilities!