| |
|
|
| |
|
Home Warranties for Homebuyers & Homesellers |
 |
|
|
| |
|
ByOwner.com offers the nation's largest selection of Home Warranties and options.
We can help you with the selection, purchase and activation of best warranties on the
market today. We offer the best warranties at the best price, through reliable national
companies. Home Warranties provide both buyer and seller with peace of mind after
the sale. Home Warranties are paid for at closing by the seller, or buyer or a
combination of the two - whatever was negotiated, no up-front cost. We'll handle the details for you. Contact us for more details or to order a warranty.
|
| |
|
What you should know about Home Warranties... |
|
|
|
| |
|
1. Home Warranties can increase the perceived value of your home.
In a recent
Gallup survey of home buyers, pre-owned homes with home warranty coverage
commanded as much as 2% higher perceived value than homes without warranties.
By increasing
the perceived value, you're more likely to get full asking price in a sale.
|
| |
|
2. Home Warranties can accelerate the sale of your home.
The same survey
indicated that buyers have more confidence in homes with warranties. This
confidence can result in a quicker sale - up to 60% faster than homes without
warranty coverage.
|
| |
|
3. Home Warranties protect the equity investment in your home.
A warranty on your
home during the listing period can eliminate many "out-of-pocket" expenses sellers
sometimes experience from unexpected breakdowns and repairs.
|
| |
|
4. Home Warranties can reduce the potential of "after-sale" disputes with buyers.
Almost 65% of lawsuits brought by buyers against sellers after the sale are related to
property condition problems.* Home Warranties are designed to reduce this liability,
providing peace of mind for you and your buyer. *Statistical information obtained
from actual E&O Insurance claims filed with major national E&O carrier.
|
| |
|
What you should look for in Home Warranties... |
|
|
|
| |
|
1. Does the warranty include most major mechanical and electrical systems under standard coverage ?
Your warranty coverage should include the property's plumbing,
electrical, air conditioning and heating systems, preferably without any additional
charges. Burglar alarm and fire alarm systems are often omitted in warranted
electrical systems. Check the warranty contract to ensure that these important features
are included as standard coverage.
|
| |
|
2. Does the warranty cover kitchen appliances under standard coverage ?
Read the
warranty contract fine print to determine if appliances are included as standard
coverage for built-in as well as stand-alone appliances included with the sale of
the home, i.e. refrigerators, stoves, etc.
|
| |
|
3. Does the warranty have limits on the number of air conditioning and heating units covered ?
If your home utilizes the popular zoned heating and air conditioning
systems, make sure that the warranty covers multiple HVAC units under standard
coverage.
|
| |
|
4. Does the warranty have a square footage limitation on coverage ?
If your home
has more than 4,000 square feet, make certain that standard warranty coverage
accommodates today's larger homes without additional charges.
|
| |
|
5. Does the standard warranty provide protection from damaging roof leaks ?
Safeguarding your home's electrical and mechanical systems should only be a part of
a comprehensive warranty's program of coverage. Look for features like roof leak
repair that provide extra protection for your home and possessions.
|
| |
|
6. Is the warranty designed to reduce the potential of "post-sale" disputes ?
As a
seller, your greatest benefit from a home warranty is the protection it provides against
"after-sale" problems with buyers. For maximum protection, your warranty should
include comprehensive standard coverage for ancillary electrical/mechanical items
including attic and exhaust fans, door bells and garage door openers.
|
| |
|
|
