Home Warranty Selling
Selling your home?
A Home Warranty makes your home more appealing and protects you before, during and after the sale.
Why do I need a Home Warranty?
You can’t predict when problems will arise. Problems seem to happen when you’re least prepared. Unplanned home repair expenses ruin many family vacations and holidays, and put a tremendous strain on the family budget. An Home Warranty gives you the protection you need. It covers breakdowns in major systems like plumbing, electrical, heating and air conditioning, as well as washer, dryer, oven, refrigerator and other items.
Check out these average repair costs:
- Furnace - $1250-3500
- A/C Unit - $1500-2100
- Oven/Range - $700-1400
- Dishwasher - $500-700
- Water Heater - $375-425
- Broken Water Pipe - $100-600
- Refrigerator - $600-1000
- Washer/Dryer - $200-500
With so much that can go wrong a Home Warranty gives you peace of mind.
Home Warranties are available in all 50 states, Washington DC, and Canada! Warranty coverage is subject to various state and local regulations.
Do I need a home inspection first?
There is no formal home inspection required, however all covered components must be in proper working condition at contract effective date.
What is covered?
Most Home Warranties cover
- Air Conditioning Units
- Central Heating Units
- Ductwork
- Electrical Systems
- Doorbells
- Paddles
- Fans
- Garage Door Openers
- Plumbing Systems
- Water Softeners
- Water Heaters
- Faucets
- Refrigerators
- Built-in Dishwashers
- Built-in Microwaves
- Ovens/Ranges
- Garbage Disposals
- Built-in Trash Compactors
- Central Vacuums
- Washers & Dryers
Can I cover my home while it’s listed?
Yes! When the property is listed, and the seller agrees to provide a home warranty plan paid out of the proceeds of the closing, the seller receives coverage at no additional cost for the duration of the listing period (not to exceed 180 days). At closing, the Seller Home Warranty converts to a Buyer Home Warranty, providing the buyer coverage.
What does it cost?
The average Home Warranty on single family homes less than 4000 sq. ft. costs approximately $350-$400 for 1 year, though prices always vary.
