A home warranty pays repair or replacement costs for the mechanical systems and built-in appliances that break down in a home. Warranties can be purchased by either the buyer or seller. When the seller is paying for the warranty, it is usually paid for and goes into effect at closing. The coverage period is normally one year with an option for the new homeowner to renew annually. There are a lot of companies offering home warranties and coverage of individual policies can vary widely. Usually, central heating and air conditioning systems, electrical, plumbing and major appliances are covered. It's important that you read the policy closely and understand what is and is not covered.  The cost for a one year home warranty typically runs between $350 and $500, depending on the size of the home and the specific types of coverage.  In addition to the policy premium, there is normally a deductible of $50 - $75 to pay when making a repair claim.  

Again, this is a "No Cost" home warranty of our buyers choice that close on a home purchase in 2008 with Jeanie Elliott REALTORS.

There are some very good reasons to pay for a home warranty when selling your home.  Providing a warranty can help set your home apart from the competition. Buyers will appreciate having a warranty and will feel more comfortable about buying your home without worrying about hidden problems or things that might not show up until after the buyer's inspection.

 Providing a warranty can even result in a higher price, offsetting the cost.  Certainly it can make it easier for a buyer to make an offer. These assets make the home warranty an excellent marketing tool.  
In addition to marketing advantages, you could also avoid any future problems down the road.  When a major appliance, heating or air conditioning system goes bad shortly after a home is sold, it's not uncommon for the buyer to blame the seller. Unfortunately, this can and does lead to disputes. Providing a home warranty with the sale of your home can go a long way towards preventing disputes and not having to hire a mediator to resolve any conflict after the sale. 

If you are buying a home and it doesn't come with a warranty, you may want to consider paying for one yourself. The first year after buying a home is a time when most people don't have a lot of cash on hand to cover problems that might arise. Having a one year home warranty in place can provide peace of mind during this time, and if something does break down, could really save you lots of money, time and aggrevation.

 Thank you for visiting my website.  I look forward to speaking with you soon about your real estate needs and desires.

   Sincerely,

   Jeanie

   Jeanie Elliott Realtors, Since 1980

   Office: 972-612-2277;   Mobile: 214-538-3776

   Collin County Real Estate Real Estate Specialist Serving Allen, Celina, Fairview, Frisco, Lovejoy ISD, Lucas, McKinney, Parker, Plano, 

    Prosper, Richardson, Seis Lagos, Wylie, Stonebridge Ranch, Stonebriar communities, Twin Creeks in Allen TX,  and gated and guarded

    communities in Collin County.  

    Lucas Texas Real Estate, Fairview Texas Real Estate, Allen Texas Real Estate, McKinney Texas Real Estate, Plano Texas Real Estate    

  "Personal Service is My Goal...Integrity In Selling is My Commitment"

  *Note: Home Purchase must be within Broker's effective service area, and certain conditions may apply.

       Please contact Jeanie Elliott at 972-612-2277 for more details.   Offer expires December 31, 2008.

       2008 Special Buyer Program is for a one-year home warranty standard package, and buyer may

       choose to renew annually at no further cost to Broker.  Broker makes no representation or 

       recommendation of one specific company, and will discuss options with buyers prior to contract

       or closing as to the warranty company of buyer's choice.