Peace of Mind for Home Sellers and Buyers
Many of my clients are surprised when I recommend they consider purchasing a home warranty during the listing period. Here are some of the reasons it can be very beneficial:
- Coverage while you're listed for sale - Seller receives the protection during the listing period which provides the confidence and comfort of knowing your investment is protected from costly repairs while it is on the market.
- Powerful marketing tool - Who doesn't like something for free? Having a home warranty in place helps to create a positive impression for potential buyers and adds value to your listing. The peace of mind afforded by a home warranty can attract potential buyers by easing some of the worries associated with the purchase of a home.
- Help prevent post sale disputes - If costly unforeseen repairs become necessary after the sale is complete, buyers will turn to the warranty company and not to you. It's more common than you might think for a disgruntled buyer to expect a previous owner to pay when an appliance or HVAC breaks shortly after the sale closes.
- NO MONEY is due until the home closes and is simply deducted at closing from your net proceeds.
You can order these warranties on your own or let your real estate agent handle the paperwork for you. It's easy, quick and painless!
Here are some of the highly ranked companies to purchase your home warranty in no particular order: