What does a Home Warranty Cost? | Is a Home Warranty Policy a good idea?

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What does a Home Warranty Cost? | Is a Home Warranty Policy a good idea?

Let's learn why a home warranty is an excellent idea and what they cost. Let's get an overview of what they cover and who pays for them.

First, we'll touch on the home warranty concept. One of the prime benefits of a home warranty is the peace of mind that you get when you have the warranty. When expensive and unexpected problems arise, the warranty company can stand in the gap.

Picture this: it's mid-August, and your air conditioner goes out. You know that these things cost upwards of $8,000. Sure, you could pay for one, but it would be a big struggle.

Yes, you could start calling repairmen to bid the work, but how would you know they will be fair with you? Would they recommend needed work or just stuff that they can put on the bill to line their pockets? Who knows. There's a better way.

Insert the home warranty policy. What does a home warranty cost? Not that much comparatively. It can really come i9n handy when you have a $1,700 repair coming your way.

Anyone who is not handy or is new to a property can benefit from the protection of a home warranty big time. That's precisely why I made this video. Of course, there is a lot more to it than this, but now you have the concept.

Now you see what that the home warranty cost is not so bad. That goes double if you are buying an older home with deferred maintenance.

As promised here's that link to the video about the Buyers Inspection Notice & Sellers Response (aka BINSR):    • Negotiating repairs after home inspection  

Download the homebuyers checklist: http://bit.ly/yourhomebuyerschecklist

I’m John Cunningham with eXp Realty. Thanks for stopping by my channel. Every Thursday I add new videos for you. The topics span the gambit, and I always want to give information out that is going to help you with your real estate goals. If you have a real estate topic, you’d like me to cover let me know. You can message me by any of the means below.

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