Are Home Warranties worth it?

Home warranties are designed to provide buyers with peace of mind, but there are often a lot of questions surrounding how they work. In a nutshell, home warranties provide coverage for appliances and system in your new home by either repairing or replacing them. Typically, home warranty coverage is purchased in one-year increments, and there are a variety of coverage levels.

It can be a good negotiating tool for after a home inspection, especially if a home inspector finds that some appliances are toward the end of their life. In a competitive market, sellers may offer these home warranties to prospective buyers as an added incentive.

If you’re in the market to buy a house and would like a home warranty, be sure to talk to your EveryHome agent. He or she can ensure that you will be provided with a comprehensive home warranty from a reputable company.