Step 17: Home Warranties
Home Warranties
After your home inspection, you may be interested in purchasing or negotiating a home warranty. A home warranty is not homeowners insurance. A home warranty is purchased through a third party and is a residential service that covers repairs and replacements of mechanical systems or appliances for a set period.
A home warranty plan usually covers major appliances such as water heaters, stoves, and refrigerators. It may also include systems such as HVAC, plumbing, and electrical. It is imperative to read the fine print of a warranty document to understand coverages and exclusions. While some warranties cover garage door openers as part of the basic coverage plan, others may require additional premiums.
Buyers normally have up to 30 days after closing to purchase a home warranty.
Empowering clients to build and preserve wealth through real estate.
Ready to connect? Reach out! I look forward to helping you on this journey!
Monique Hanson is a REALTOR® serving the greater West Michigan area. Monique helps people buy and sell homes in Kent, Muskegon, and Ottawa Counties. You can contact Monique by calling or texting 616-805-9177 or emailing hello@moniquehanson.com.