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Insurance >Home Warranty Benefits

Home warranty policies are available to both homebuyers and sellers. What are the advantages of purchasing one?

As the buyer, a home warranty can save you money. If the refrigerator stops working during a hot spell shortly after you move in, it will be fixed or replaced under the warranty at a fraction of the cost of buying a new refrigerator. If you are buying an older home, you might ask the seller to provide a one-year warranty as an incentive. The warranty will protect you from major expense if the plumbing suddenly fails or the roof starts leaking.

As the seller of an older home, you can understand how the warranty can make your home more attractive if you put yourself in the buyer's shoes. The warranty relieves the buyer of concern that they will have to spend thousands to repair a major system that breaks down unexpectedly. It also relieves you of anxiety that the buyer will sue you for failing to disclose a material defect. The warranty only costs a few hundred dollars and can be paid for when the transaction closes.

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Q	What home is the best example of colonial architecture in homes designed to "grow" as the family grew?
A	The House of the Seven Gables in Salem, MA, that was the model for Nathaniel Hawthorne's novel of the same name.
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The Craven Group, REALTOR®, real estate agents and broker for Carrollton, North Dallas and Frisco Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

The Craven Group
RE/MAX DFW Associates III
3032 E. Hebron Pkwy #102
Carrollton, TX. 75010
Phone: 972-389-2128
Fax: 972-389-2197
Email: stevecraven@NUMBER1EXPERT.com

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