Benefits of Purchasing a Home Warranty

A home warranty is a good investment for a buyer or seller of a house. The warranty helps to protect you from high replacement or repair costs of the appliances and systems in your home. Items that break down periodically due to normal wear and tear can put a dent in your bank account. Having a sudden expense like that can be stressful for any homeowner. Helping pay for repairs or replacement of appliances in your home when they stop functioning properly can help ease financial strain. The best realtor at the Lake of the Ozarks explains a little more about the investment in a home warranty.

Home Warranty Companies-

Each home warranty company varies, but typically appliances and systems in the home are covered. An agreement with the company will state exactly what appliances and/or systems are covered. Being covered by the company does not mean there is no cost associated; there may still be a service charge or a percentage of the cost to pay. The cost associated depends on the agreement between the homeowner and the home warranty company. Each company offers different coverage and prices when it comes purchasing a warranty for your home.  A home warranty is a peace of mind investment when it comes to your home. Knowing that you most likely will not have to shell out the full replacement cost if something breaks down in your home helps to ease the fear of many when it comes to home-ownership.

Items Typically Covered-

• Central air conditioning and heating
• Interior electrical
• Plumbing
• Water heater
• Stove/Oven
• Refrigerator
• Dishwasher
• Washer and Dryer
• Garage door system
• Ceiling fans
• And more

Benefits for Buyers-

1. Protection from unexpected repairs

2. One call when appliance or system breaks

3. Value added in investing in a home

4. Renewable home protection

5. Replacement of unrepairable appliance or system

6. Reduced post buy worry

Benefits for Sellers-

1. Incentive to attract first time homebuyers

2. Minimal cost when selling home

3. Preferred home on the market

4. Fewer closing delays

5. Coverage while home is on the market

6. Reduced post sale worry

Home warranties are a great value added for both the buyer and the seller. A warranty helps ease the mind of all parties involved in the transfer of property. Your trusted real estate agent can help you weigh the options of a home warranty when selling property at the Lake of the Ozarks. Attracting more buyers is a major plus when it comes to listing your home. As for the buyers, a home warranty can give them peace of mind when purchasing a home at the Lake of the Ozarks. Investing in a home warranty can be beneficial for all involved when buying or selling a home. 

Susan Spica
Professional REALTOR®

BerkShire Hathaway HomeServices
101 Crossings West, Ste. 202
Lake Ozark, MO 65049

Office: (573) 365-6868
Susan's Cell: (573) 280-0484