It is a myth that home warranties are only purchased when you buy or sell your home. Many sellers will offer home warranties with their homes to extend the assurance of a good deal for buyers. It can help to make the daunting task of preparing to be a home owner a little easier. I have also had buyers buy a home warranty on their own to make them feel more confident with their home purchase.
But what happens after the initial year of coverage? Most will say they just let it go and don't think about it again. Even more folks I have spoken with recently thought they could only be purchased during a real estate transaction. They were under the assumption that realtors were the only source of warranties.
This couldn't be farther from the truth. Home warranties companies can be contacted by any one. Real estate agents will usually be involved in the process of setting them up during a transaction, but the truth is they are something you can buy for your home at any point. In fact you can keep renewing them every year or get one out of the blue.
The only catch is that you have to get your home warranty before you have a problem. Generally problems discovered prior to purchasing the warranty won't be covered. It is important for home owners to call around and find out what type of coverage is offered and at what price. Often the minimal cost of a home warranty can save thousands if something does go wrong.
Author:Curt Stuart Phone: 540-219-8585 Dated: December 2nd 2017 Views: 280 About Curt: ...
View our latest blog posts in your RSS reader. Click here to access.
Ellen Butters is the principal broker for EXIT Cornerstone Realty located in the Greater Piedmont Area of Virginia. Ellen and her husband Mike own and operate the brokerage specializing in residential resales, short sales, & foreclosures. They also list/buy land and farms as well as commerical properties. With nearly ten years of experience and numerous transactions behind her, Ellen provides superior client services and consultations on all real estate matters and understands a home is the largest investment a client may make in a lifetime. It is the intention of Ellen & Mike throughout the process of buying or selling a home to create clients for a lifetime. Since The Butters have opened EXIT Cornerstone Realty, they are also interested in recruiting and training agents in the industry to the highest level of professionalism and integrity. EXIT Cornerstone Realty stands ready to serve you.
Living close to Washington D.C., but not too close can be a good thing
"My wife and I had been searching for a home in the area off and on for almost a year. It was quite the yellow brick road but Mike and Ellen led us to our dream home with patience and grace. Before we found the Butters Team, during our initial search last year, we met with several realtors in Northern Virginia and had some difficult and frustrating experiences. It was all worth it once we found these wonderful realtors. Whether it was Ellen fielding a phone call in the evening to give me and my wife piece of mind or Mike making an extra trip to meet us on a weekend to ensure we saw all the homes we wanted to see before making the big decision, the team did the job flawlessly. Even with a busy family schedule of their own they found the time to make our home buying experience a pleasant one. I highly recommend these fine realtors and look forward to working with them again. "