Seller and buyer Home Warranty Benefits? [VIDEO]

July 28, 2015

Transcript Is a home warranty worth the investment? For buyers and sellers, the answer is yes. Welcome back! We have previously covered the differences between a home warranty and homeowner's insurance, as well as what is covered under a warranty. Today, we'll talk about the benefits for both buyers and sellers. For sellers, a home warranty will protect their budget from costly system or appliance repairs while their home is on the market and prevent unwanted closing delays associated with these repairs or replacements. Plus the home warranty differentiates the home and makes it appealing to buyers. Payment for the warranty is due when the property closes and the buyer gets a year of coverage. For buyers, a home warranty covers a wide range of property types and some have no age or square feet restrictions. The warranty provides peace of mind when covered systems and appliance breakdown and comes with a standard deductible. Thanks for watching, and we'll see you next time.

 
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