Is it worth it to get a Home Warranty

For a valuable protection service, whether you’re trying to purchase a new home or moving into an existing house a home warranty could be for your finances and belongings, according to an article on Realtor.com.

Now your basic warranty for your home in Carlsbad is between $100 to $300, while the average ranges between $350 to $500. As a first-time buyer, most potential home buyers rely on the warranty to take care of minor repairs through the first year as they get used to living in their new home. As a thank you from your real estate agent and your business, some real estate agents will buy the home warranty for the buyer of Carlsbad.

To protect the real estate while the home is on the market, home sellers typically if they are selling a home with appliances and systems that are older, could get a one-year warranty. The home seller in Carlsbad could also sign the warranty over to the new owners of the real estate.

Insurance vs. Home Warranty

Carlsbad homes that just have been built, particular come with a one-year warranty, paid for by the builders on appliances and systems. The warranty of the structural elements have a 10-year warranty. However, existing houses normally don’t have a warranty at all, so whether you are selling or buying, you should be wary of the warranty’s contract.

A repair person under the contract of the warranty will cost about $50—75 to have an appliance or system checked and fixed if a problem goes wrong.

Homeowners insurance on the other hand, covers the house and your personal possessions if something like a fire, theft or damage from another cause occurred. If your heat pump fails, washer or dryer breaks down – the homeowners insurance won’t covered.

Home Warranty Coverage

Some homeowners are irritated by a home warranty due to assuming they could hire any repair company to fix something is old or broken and feel they also will have everything returned with a home warranty. Even though the protection of unexpected repairs comes with a home warranty, the warranty doesn’t replace unusable and/or worn out appliances- especially if there were prior problems or it was improperly maintained

Home Warranties in Carlsbad usually cover:

  • Kitchen appliances such as your range or oven dishwasher and a built-in microwave
  • Garbage disposals
  • Heating and electrical systems,
  • Sump pump
  • Water heater
  • Ceiling Fans and exhaust fans
  • Plumbing

To cover air conditioning, your refrigerator, washer and dryer and a garage door remote, you will need an enhanced warranty. For swimming pools or a septic system, you may have to get optional coverage.

So should you get a Home Warranty?

Read the terms and conditions and make sure it’s in your best interest to make this investment. The limitations of your policy and any fees are important to understand so you know what’s covered.

If a Carlsbad Realtor is buying you a warranty, you definitely should accept it, while with buyers it may a valuable incentive for the potential customer of Carlsbad.

By Linda Moore

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