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| About Home Warranties |
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| In the bad old days the expression "buyer beware" was commonly used. There was very little protection to be had once money had changed hands. If a buyer found that he had purchased shoddy material or even if he found that he had been deliberately misled there was little recourse. |
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| Now we live in an era where the manufacturers and sellers of goods are expected, to a greater degree than ever before, to warrant their goods. There is now recourse to the courts. |
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| Home sellers similarly are now expected to warrant what they sell. It is no longer "buyer beware". Once you have disclosed any known defects on your listing, you still may be concerned that something unexpected may go wrong either while you are showing your home or after the new owners move in. In order to protect yourself from unforeseen events (such as a hot water tank suddenly springing a leak), you can choose to purchase home warranty protection. |
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| This protection is merely a form of insurance. As with insurance, the price and the deductible will vary according to the plan you choose. It is common to have the warranty run from the time of listing your home until about a year after the sale. |
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| Ask your Realtor® for the names of companies in this area who provide home warranty protection. |
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