Home Warranty

Posted by Robert A, Falace
3
Dec 9, 2007
1334 Views
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Here is some good information concerning Home Warranty. Source: First American Home Protection Plan

 

What is a home warranty

A home warranty is a one year residential service contract that provides repair or replacement coverage for the major operating systems and appliances in a home that fail due to normal wear and tear.

Home Buyers’ Benefits

Move in with assurance knowing your home is covered.

You are covered for unexpected home repair or replacement costs on many of your home’s major systems and appliances.

Coverage is regardless of the appliances’ age, make or model.

If it can’t be fixed, we will replace it.*

It only takes a phone call and a small service fee to fix the problem.

Service is available 24 hours a day, 365 days a year.

You’ll have budget protection knowing you only have to pay a nominal service fee per trade call.

Home Sellers’ Benefits

Sell with confidence.

Having a home warranty as an additional feature will give you a competitive edge over other homes on the market.

Buyers have more confidence in your home and there is usually less negotiating in getting closer to your asking price.

If something breaks after the sale, there is limited liability for you. Buyers will contact the warranty company rather than calling you.

Protect your budget, one major breakdown before or during the sale of your home can be very costly and delay things.

Realtor® Benefits

Realtors® have many of the same benefits as home sellers PLUS:

Satisfied clients can lead to future referrals.

It’s an excellent selling tool in promoting the home at top market value.

It will build your reputation as a fair, honest and thorough real estate professional.

Everyone Benefits

First American Home Protection Plan can make buying or selling a home a rewarding experience for everyone involved.

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