Buying a home can be a bit more costly than some people realize, and they find themselves looking for ways to pinch pennies and cut costs along the way. It is good to save money, but you need to be sure that you aren’t putting yourself at risk by passing by specific products or services that will keep you protected. A home warranty is one cost that might seem like an “extra,” but it actually should be at the top of your priority list. In this article we will discuss Do You Need a Home Warranty for Your Atlanta Home?
What is a Home Warranty?
There is a difference between a home warranty and homeowner’s insurance, and it is important that you understand these distinctions in order to know that you are covered. A homeowner’s insurance plan typically covers big disasters, such as a flood, crime, or fire. On the other hand, a home warranty only covers specific components of the home.
In the situation where major issues arise after a home is purchased, the home warranty will make it possible to get discount repair to restore those problems. Typically, the warranty will cover the main parts of the home, including the electrical system, plumbing, air conditioning and heater, and/or major appliances.
Who Pays for the Warranty?
The negotiations for the warranty can vary depending on the property that you are buying. In many situations, the seller will offer to pay or the warranty, in order to give the buyer the peace of mind to know that repairs will be covered if anything goes wrong.
If the seller didn’t offer the warranty, then the buyer has the option to purchase the warranty if they prefer. It is always good to look at the coverage to ensure that you are protected in case something needs to be repaired.
How Much is the Home Warranty?
The cost of a home warranty varies depending on the type of home that is purchased and the type of plan that is selected. To get the best prices, you might consider shopping around to compare all of the options that are available. Many times, the easiest way to find a trusted home warranty company is by talking with your real estate agent, because they will have connections and relationships in the industry.
There are many ways that an experienced real estate agent can make it easier for you when you are selling or purchasing a home. Whether you are ready to buy your first home or you want to move to a different home, right now is a great time to talk with the best real estate agent in Atlanta!
At Duffy Realty of Atlanta, we are leading experts in everything related to real estate purchases. We want to help you with every step of buying or selling a home, and we invite you to contact us anytime for more information. Our experienced team is always available to answer your questions and help with anything that you need: (678) 318-1700. We hope that you enjoyed our conversation about Do You Need a Home Warranty for Your Atlanta Home?