Buying a New Home Can Be Daunting. Always Include A New Home Warranty
If you’re in a market for a home, one of the main things that go through your mind (besides location, size and layout) is the condition of the home. I always recommend to my clients, regardless of what they are buying, to consider including a home warranty, paid for by the seller, in their offer.
Home Warranties Bring Guarantees
In my part of the Country, Long Beach, California, the home warranty is perk of a purchase that is sometimes overlooked. It is a one-year policy that can cover the homeowner on a huge variety of things that can happen to their home or equipment (depending on the scope coverage). From electrical mishaps to leaking pipes, faulty air-conditioning, to appliances that the seller left behind. You can be covered on a plethora of items in the home. And if something goes bad, you don’t have to worry about paying a huge out-of-pocket cost to fix or replace something.
As a new homeowner, this can go a long way.
What Can Be Covered In a Typical Home Warranty
As I mentioned above, a home warranty will cover any number of things that may go awry in a home.
- Water heater
- Central Vacuum System
- Attic & Exhaust Fans
- Ceiling Fans
- Pest Control Services
There can also be additional coverages such as:
- Central Air
- Pool/Spa – Even Saltwater
- Well Pump
- Septic Tank Pumping
- Roof leaks
- Appliances can be included too:
Most third party providers such as First American Home Warranty, provide tiers of coverage that provide you, the homeowner, with options.
What if you Buy A Newly Built Home? Make the Builder Accountable.
I always tell my clients that if you are purchasing in a new development, ask questions of the sales rep or your Realtor about about the builder. Make sure they will be attentive to your needs not only through the purchasing process, but afterwards too. Their track record on reliability should be key to your decision to move ahead with the purchase. And before you close on your brand new home, do a walk through (even with a professional inspector) to see that what was promised to be done, was actually completed and to code. Even the small things like a sticky drawer or door, lose hinges and debris under the flooring and in the attic should be taken care of. Make the builder accountable with a completion date for these issues, and also ask them for insight as to how to keep your home in tip-top shape.
Whether you are buying an existing home or brand new home, there are no assurances that come with it. A new home warranty provides you peace-of-mind during an often chaotic first year of home ownership. Always include a home warranty as part of the purchase price of your home. It can go a long way for you. If you want to know more about Home Warranties, give me a call at (562)618-9770. I will gladly provide you with additional information and where to go to get a solid home warranty.
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