Whether you’re buying or selling a home, purchasing a home warranty can be very handy to have. Many sellers think there is no reason for them to buy a home warranty on a home they are going to be leaving soon; however, there are advantages to purchasing a home warranty, see for yourself.
For Your Protection – By purchasing a home warranty a few months before you sell the house you are actually protecting yourself. The last thing you need to happen with all the expenses of moving is to have a major appliance go out a month before you are scheduled to move. Depending on which appliance this is, like a refrigerator or stove, it can be costly. Check with a Home Warranty company on terms and pricing before selling.
A Great Incentive – When your house is on the market and competing with several other homes, sellers are looking for ways to separate themselves from the competition. Some houses offer unique features like a water front view or updated kitchens while some choose to offer incentives to stand out like closing cost assistance or leaving the house furnished. However, a home warranty is a nice incentive to offer that not many people take advantage of.
Put The Buyers At Ease – If the home you are selling is an older home some potential buyers could be worried about the likelihood of something going wrong after they purchase the property. Buyers don’t want to move into a house only to start replacing things like the air-conditioning unit, water heater or roof. Offering this to a prospective buyer as part of selling gives them piece of mind. Plus they can add additional services as they need or see fit for their situation.
You can purchase a home warranty several different places. Many title companies like the one where you’re closing your real estate transaction can provide information or recommendations on home warranty companies.
Title Junction is a full service real estate title company serving the area of Fort Myers, Cape Coral and the entire state of Florida since 2005. The company handles a number of real estate title services for both commercial and residential properties.
Have questions? Give us a call at 239.415.6574.
In case you missed it, check out our last Title Junction post: 3 Tips on Taking a Step towards Real Estate Investments