All Posts tagged home warranty

Are you making plans to purchase a home in the near future? If so, you might want to consider purchasing a home warranty. W

hile purchasing a home warranty is not a requirement, many homeowners find that having one provides them with the peace of mind they need when buying a home.

After all, who wants to worry about making repairs shortly after making a home purchase?

Despite the relatively low cost of purchasing a home warranty, having one in place offers a number of benefits. As is the case with many Austin homes for sale, you can even negotiate the cost of the warranty into the selling price of the home. That end, here is a look at five advantages of a home warranty.

Advantage #1: Make Repairs for Less

Clearly, the greatest advantage to a home warranty is the fact that it covers the cost of repairing systems that are included in the warranty. Items that are typically covered in home warranties include the sump pump, plumbing, electrical and garage door opener. The air conditioning, evaporative cooler or whole house fan are also included, as is the furnace, boiler or heat pump. Other items, such as appliances, the septic tank, the pool, the hot tub and the gas fireplace.

Advantage #2: Extend Manufacture Warranties

When a home is sold, many manufacturers void the warranties that came with the appliances included in the home. When you purchase a home warranty, however, the home warranty company will generally contact the manufacturers on your behalf. In many cases, the warranty company can get the warranty reinstated or will otherwise find a way to ensure your appliances are covered.

Advantage #3: Finding Technicians is a Cinch

When you purchase a home warranty, the warranty company will have a list of technicians available to meet your repair needs. In this way, you don’t have to worry about searching through the phone book in order to find someone to hire. With the help of the home warranty company, you eliminate the guesswork of finding someone to repair your home.

Advantage #4: Reduce Budget Concerns

When you have the peace of mind that comes with a home warranty, you don’t have to worry about your budget being stretched too thin by unexpected repairs.

Advantage #5: Sell Your Home More Quickly

If you are trying to sell a home, purchasing a home warranty can go a long way toward helping you get the home sold. In fact, the National Home Warranty Association found that homes with warranties sell 15 percent more quickly than those without.

While homeowner’s insurance is designed to protect your home in the case of theft or disaster, a home warranty covers the cost of repairing mechanical systems and appliances. As such, the two policies are able to work together to provide you with complete peace of mind in knowing that your investment is fully protected.

About The Author – Eric Bramlett is broker and co-owner of One Source Realty, a boutique Downtown Austin condos firm, and specializes in Steiner Ranch real estate.