The Major Benefits of Having a Home Warranty

 

Here’s my recent conversation with Molly from Home Warranty of America.

Today I’m joined via Zoom by Molly Stewart of Home Warranty of America to remind us howtheycan help you out as a homebuyer or seller. Molly has been our preferred warranty representative

for years, and we can’t wait to hear from her.

When you ask us to help you sell your home, one way we add value is by providing a home warranty. We want our clients to maintain their homes inexpensively. If you want the HVAC fixed, for example, that’s a $50 fee, but it’s not due until closing. You can get up to $1,500 in damages covered for that issue.

"It’s a great thing to invest in."

If you're a seller, purchasing a home warranty for your buyer is a great idea. I know we’re in a seller’s market where homeowners are calling the shots, but it really is about mitigating post-sale issues. Molly works in claims every single day, and she says the bulk of their claims come in the 30 days after a buyer moves in. A home warranty gives buyers and sellers peace of mind during a transaction.

Many of us have moved into houses and had things go wrong right away. A home warranty like the ones from HWA help protect you, mitigate your costs, and give you peace of mind. If you show a buyer that your HWA warranty covers up to $15,000 for other claims, they’ll be much more excited about buying your home. A home warranty costs around $600, but our Shine Team clients saved $78,000 alone in 2021 by having a home warranty.

As you can see, a home warranty is an important thing to have whether you’re selling your home, buying a new one, or both. It’s also a great thing to invest in if you’re an investment property owner.

If you have any questions about home warranties, give Molly a call at 847-943-7117. If you have any other real estate-related questions for me, don’t hesitate to reach out via phone or email. I look forward to hearing from you soon.