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Home warranty policies are available to both homebuyers and sellers. What are the advantages of purchasing one?
As the buyer, a home warranty can save you money. If the refrigerator stops working during a hot spell shortly after you move in, it will be fixed or replaced under the warranty at a fraction of the cost of buying a new refrigerator. If you are buying an older home, you might ask the seller to provide a one-year warranty as an incentive. The warranty will protect you from major expense if the plumbing suddenly fails or the roof starts leaking.
As the seller of an older home, you can understand how the warranty can make your home more attractive if you put yourself in the buyer's shoes. The warranty relieves the buyer of concern that they will have to spend thousands to repair a major system that breaks down unexpectedly. It also relieves you of anxiety that the buyer will sue you for failing to disclose a material defect. The warranty only costs a few hundred dollars and can be paid for when the transaction closes.
Patrick Hurley and Angela Hoffman H 2 Real Estate Group Keller Williams Town & Country Realty 1520 Killearn Center Blvd. Tallahassee, FL 32309 850-201-8880 Fax: 850-201-4664 h2realestategroup@NUMBER1EXPERT.com
H2 Real Estate Group was formed to continually offer clients the most extensive menu of real estate services available while maintaining the level of care that they deserve and have come to expect. We strive to not only provide valuable real estate services, but also to create a positive experience by educating our clients about the changing real estate market here in Tallahassee and helping them to achieve their individual goals.
www.H2RealEstateGroup.com
is brought to you by Patrick Hurley and Angela Hoffman
Real estate agent(s) for Tallahassee, Monticello and Jacksonville, Florida