What is a Home Warranty When You Buy or Sell a Home?

Dated: November 8 2019

Views: 14

If you're like many buyers, you've been offered a home warranty with your purchase of a home. But what is a home warranty, and how can it help you? 

Here's what you need to know.

What is a Home Warranty?

A home warranty is a policy that a homeowner can pay for to cover the cost of repairing appliances and some home systems. They're a form of financial protection, and they're very popular between sellers and buyers. In many cases, sellers offer to buy a one-year home warranty for buyers to provide the buyers with peace of mind. 

What Does a Home Warranty Cover?

A home warranty, which is different from homeowners insurance, covers repairs and replacements on home systems. Every home warranty plan is different, which

Blog author image

Chip Boyer

Chip is the IT Manager for Alex MacWilliam Real Estate. He handles the technology needs of the company as well as helping agents in their day to day problem solving.....

Latest Blog Posts

4 Paintbrushes That Are Perfect for the Job

If you're like most people you're not an expert painter. Not even close. So when it comes to performing painting projects around the house you may not be aware that there is more nuance to choosing

Read More

Broke a CFL Bulb? Here’s How to Handle Cleanup

Compact fluorescent lamps, or CFLs, are small fluorescent light bulbs that use up to 75 percent less energy than traditional incandescent bulbs. If your household is like most you probably use CFLs

Read More

3 Great Tips for a High-Style, Lower-Cost Kitchen Renovation

The kitchen is the heart and hub of the home and you want it to be as functional, welcoming, and stylish as possible—without spending a whole lot of money. Heed these three tips to renovate

Read More

Moving to Vero Beach? Take a Day Trip to the Heartbreak Hotel (Yes, Elvis Presley’s Heartbreak Hotel)

If you’re buying a home for sale in Vero Beach, you’ll be glad to know that there are plenty of quirky and cool attractions in the area – and one of them is the Heartbreak Hotel,

Read More