Why You Should Have a Home Warranty when Purchasing a Home

Dated: June 18 2024

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Home Warranty

A home warranty is a type of service contract that provides repair or replacement coverage for certain systems and appliances in your home. When purchasing a home, it can be a good idea to consider purchasing a home warranty for several reasons:

  1. Protects against unexpected repair costs: A home warranty can provide coverage for unexpected repair costs on major systems and appliances in your home. This can help to alleviate some of the financial stress that can come with owning a home.

  1. Provides peace of mind: A home warranty can provide peace of mind that if something goes wrong with your home, you will be covered. This can be particularly important for new homeowners who may not be familiar with the systems and appliances in their home.

  1. Can be cost-effective: While a home warranty does come with an upfront cost, it can be cost-effective in the long run. The cost of a home warranty may be less than the cost of repairing or replacing a major system or appliance in your home.

  1. Easy to use: If something does go wrong with a covered system or appliance in your home, you can simply call the home warranty company to file a claim. The home warranty company will then send a qualified technician to your home to assess the problem and make the necessary repairs or replacements.

It is important to note that home warranties do not cover everything, and there may be limitations and exclusions to coverage. Be sure to read the fine print and understand what is covered before purchasing a home warranty. Additionally, it is important to do your research and choose a reputable home warranty company.

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Walter Borgen

Walter Borgen has lived in the Daytona Beach area for most of his life. Walter started his real estate career in his early 20s as a part time wholesale real estate investor. Quickly Walter became fa....

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