Monday, October 24, 2011

Home Warranty Information protecting your home.

Some may not be aware how a home warranty works. For a small trip charge anywhere from $50.00 to $75.00 a service technician that the warranty company chooses comes out to evaluate the repairs needed for any covered problem. If approved it is repaired or replaced at the warranty companies expense. These policies range from $300 to $750 dollars per year depending on what type of coverage is needed. These are great plans for rental properties since when a problem arises the tenant can call the company instead of calling you. When listing your home for sale a warranty is also a good idea as many buyers will request it as part of their negotiations and if something goes wrong while your home is listed it will also cover your repairs. The warranty is paid for at closing and if your home doesn't sell there is no fee due. Check coverage's from the companies, since there are several companies be sure to pick the coverage that fits your needs. Ask your Real Estate agent the important question, Do you get paid for recommending this company? If necessary search home warranty companies on your own. You do not have to be selling or buying a home to get a warranty on your home so anyone can have coverage. Thanks for visiting and I hope this information helps.

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