A Home Warranty Offers Protection To Buyers

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So you're finally going to take the plunge and buy your first home: congratulations! There are so many things to think about when choosing a home, such as what kind of neighborhood you want to live in, how much you can afford to pay and how many bedrooms you need. When you think you've found that perfect house, make sure to ask if the seller offers a home warranty.

Here's a scenario: you've closed on your new home and are now busily employed trying to unpack boxes, keeping your family fed, and arranging carpools. It is late August and it's hot out there. While you're toiling away you suddenly realize that the air conditioner has broken down! You have no idea who to call for repairs, and you certainly didn't intend on laying out more of your hard earned money to purchase a new one. This is when a home warranty comes in very handy.

A home warranty is purchased by a home buyer or is included by the seller when the house changes hands. If a major system or appliance in the house fails, the warranty acts as an additional insurance policy: it will cover the costs of repair or replacement. The appliances or systems covered under such a warranty vary depending on the company you are working with and how much has been paid for it, so be sure to check the fine print.

Some of the appliances not covered under some policies might include "moveable" ones such as refrigerators and washers and dryers. Unless specifically indicated in a warranty, outdoor systems such as automatic sprinklers are not covered, nor are swimming pools.

Of course, the cost of a warranty will depend on the size of the home, how much is being covered, and the extent of the coverage desired. Most will cost somewhere between $250 to $400 and are good for a year.

Considering the cost of repairs or replacement, obtaining such a warranty can give you additional peace of mind. In addition to air conditioners and major appliances, a good home warranty will also help with problems relating to electrical systems, interior plumbing issues (not faucet drips), water heaters, furnaces, and even garbage disposals.

The last thing you need after moving into your new home is to deal with the hassle of something going wrong that shouldn't. When purchasing the house of your dreams ask your real agent about obtaining a warranty yourself or make it an issue of negotiation with the sellers. Then do your homework, and contact a reputable company in your area that specializes in home warranties. You deserve the protection a warranty affords, and the peace of mind.


About the Author:
For more information about a good home warranty, contact the professionals at Global Home Protection (http://globalhomeusawarrantyservices.com/). Art Gib is a freelance writer.



Article Originally Published On: http://www.articlesnatch.com


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