A Home Warranty Can Benefit Home Buyers and Sellers Home warranties cover repair and replacement costs when appliances and other systems in your home quit working properly. A home warranty can be purchased by either a home buyer or seller, and they are often paid for at closing when they are part of a sales contract. A Home Warranty is Not Hazard Insurance Don’t confuse a home warranty with a hazard insurance policy. A home warranty can make your home more attractive to potential buyers, especially if appliances and other items are aged. The price of a home warranty is minimal compared to the price of the house, and since the policy can be paid for at closing you’re not out any cash until the home sells. Take a look at several home warranty companies if you think a policy will enhance your home sale or purchase. read more
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