Sharon Taylor,
Broker Associate,
A home warranty policy protects you from the expense of major repair or replacement caused by unexpected mechanical failure of a major system or appliance. For a moderate premium (usually in the $400 range for a basic policy) payable at closing, you can acquire a policy which protects your for one full year after closing from major repair or replacement bills.
Most policies have a $50 to $100 deductible, and you usually must call through their people for repairs. The age of the home should be a consideration as to purchase a warranty or not - a 15 year old home with original equipment versus a two year old home. Several companies offer these policies.
About Sharon Taylor,
Broker Associate,
Thank you for visiting my website! I have taken the time to provide you with as many resources and tools as possible in one spot so to try and help make the home buying experience as painless as possible.
Buyers: Check out the my new Microsoft Bing Mapping tool to visually drill down to the neighborhood you like and then use the ‘points of interest’ buttons to search for nearby schools, parks or even the closest Starbucks!
Sellers: List with me and watch what I can do! Custom URLs directly to your property on both my personal website and my brokerages site will help market your property directly to buyers and increase the speed at which your property can be found.
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