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Home Warranties Home Warranty packages are available through most Real Estate Agents. They vary somewhat in coverage (and therefore in price), but in general they will warrant the major systems of the house--heating and air conditioning, many plumbing and electrical components, and major appliances--for one year. Although there are some warranty programs that will take effect when you list the house (meaning that you, as seller, may have some coverage before the house is sold), all will give the buyer at least one year's coverage. Some of the items covered may include: Central Heating and A/C
Plumbing
Electrical
Water Heater
Refrigerator
Washer and Dryer
Range and Oven
Dishwasher
Microwave
Garbage Disposal
Garage Door Opener
Trash Compactor
Doorbells
Water Softener
Should you offer a warranty up front? It may help the marketability
of your house. If a buyer (especially a first time buyer) is comparing two homes, one with a warranty and one without,
if all else is equal, it could be an added selling point for your house. It is much like doing a pre-listing whole
house inspection. When you can remove doubts from a buyer's mind, it will obviously work in your favor. |
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