Before you buy that Warranty

What is a home warranty? A home warranty is a service contract protecting homeowners against unexpected costs with regard to repairs or replacements of appliances and major systems that may fail on their own with the wear and tear of regular use. It is different from a builder’s warranty that comes with a new home. Neither is it the same as hazard insurance. When should you buy a home warranty? • Buying a warranty for a house you are trying to sell may make it more attractive. If an appliance or a system breaks down immediately after the sale you are covered by the warranty which reduces any likelihood of the home buyers approaching you or of you being sued. • If you have just bought a pre-owned house and do not look forward to high maintenance/repair costs for View the rest of this article