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Home buyers and sellers can both benefit from a home warranty. As a buyer, you can ask the seller to pay for your home warranty. Typically they are good one year from your closing date. Most warranties offer you the option of renewing at the end of your first year. They cover many major components of your home. If something goes wrong, you need to contact the warranty company, and they will get you in touch with a service provider for your particular problem. You pay a deductible that ranges from $45-$65. Be sure to read your contract, as they are all different, and there is fine print about pre-existing issues as well as non-covered items and parts. Just click on the links below to check them out. |