Understanding Home Warranties- Home Owner Warranty

It is a 1 year service contract that helps protect homeowners against the cost of unexpected repairs and replacements of covered major systems and appliances that break from normal usage. A warranty normally excludes pre-existing conditions, such as items that are not in working condition when coverage is put in place. The cost for a basic one-year home warranty ranges from $325 to $425. Adding a home warranty to your listing adds confidence and might result in someone purchasing your home over a newer home. If a covered system or appliance repair is needed, the Buyer calls the warranty company, not you! read more

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