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

Dated: November 8 2019

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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

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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.....

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