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Courses in this Department

How Ready Are You to Buy a Home?

Determining Your Dream Home and Finding It!

Factory Built Homes Are Worth a Look

Purchase Manufactured Homes with FHA Loan

How to Buy a Foreclosed Home

Pros and Cons of Corner Lots

Know the Neighborhood Before You Buy

Tune in to an Open House on the Radio

Finding a Qualified Broker or Agent

Shopping for a Loan and Choosing a Lender

How to Improve Your Credit

How to Survive the Loan Application Process

Making an Offer and Signing Contracts

Cancel Your Contract in 3 Days

Understanding the Closing/Settlement Process

Choosing Home Inspection and Settlement Professionals

Double Check Your New Home - The Walkthrough

Know Your Consumer Rights

Seniors Have Many Housing Opportunities

Preparing for the Big Day -- Relocating Moving

Make Your Home Your Castle - Cost Effective Redecorating Ideas


Home Warranties

Outside help.

You Purchase It...

And it protects. But how?

In most cases, you can purchase outside home warranty insurance for new and pre-existing homes.

This type of insurance is paid at closing for a length of one year. The buyer may opt to extend the warranty past one year at the end of the warranty.

A home warranty protects both the seller and the buyer. In fact, some brokers insist on buyers getting the warranty and some will even purchase it for the buyer to close the deal. In other cases, the seller will purchase it as part of the closing package to prevent trouble after the sale. This protects them from outraged buyers who find faults with the new home within days or weeks or months of purchase. It is the best solution to the warranty issue. Of course, these warranties don't cover everything.

What They Don't Cover

They take their cue from medical insurance... and do not cover pre-existing conditions, such as a leaky roof or basement. They don't include structural damage such as a cracked foundation. The focus of the warranties are on the systems-plumbing, electrical, etc.

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