Why are home warranties so important? It's more than the protection they offer from major costs your home could incur in the future.
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Home warranties are a very important part of almost any real estate transaction.
The importance of a home warranty depends on the age of your home. It can cost $300 to $800, and if you're buying a brand-new home, the builder will cover the first year. Sometimes they'll cover up to 10 years.
When you look at resale homes in the Carson Valley area, it's important to look into home warranties as a means of protecting your investment. You don't want something to turn into a $10,000 or $20,000 bill because something like an A/C unit or furnace that didn't come up in the home inspection report now needs replacing. Sometimes, things just go wrong. That's why you want something in place that can protect you for pennies on the dollar.
Warranty companies already have a good relationship in place with contractors.
If you're an investor, when you're looking for a property, you really want to find a home warranty company that has these good relationships in place so they can take care of issues on the spot—you'll never have to worry about it.
I hope this has been helpful information for you. If you have any questions, give me a call or send me an email. I'm here to help.
