Whether you’re starting a family, or moving into your own place, buying a house can be a huge financial risk. Plenty of things out of your control that can go wrong, and can lead to expensive unexpected costs. If you’re not prepared, you can wind up in a pretty financial pickle. Having a warranty on your home can help prevent this. If you’re looking to add an extra layer of financial protection, you’ve come to the right place. Here’s everything you need to know about why having home warranty coverage might be a good idea.
1. Cheap and effective
When it comes to having home warranty coverage, it’s easy to think that you need to break the bank to be fully covered. This is not the case as it’s easy to find affordable home warranty coverage in every state in the US with a little research. A little goes a long way with a home warranty, and if you’re looking to save money in the long run, it’s a good move!
2. Less stress about repairs
Once you live in a home, it’s only a matter of time before things start to break and bust. If your home is not covered, you might have to spend hours combing through repairmen and spend thousands of dollars on repairs. When you have coverage, the home warranty company takes care of all the details for you, so you can rest easy.
3. No need for DIY
Home repairs are not for the faint of heart, as they require the proper skill, time, and tools. If you choose to do the repairs yourself, you might risk a terrible DIY fail or a serious injury. With a home warranty, you don’t have to do them yourself, your warranty company will sort that out for you.
4. You can purchase whatever home you want
When buying a home, most people look for furnished houses with new and functional appliances with little to no repairs needed. As a buyer, this can narrow down your choices greatly, especially if you’re on a budget. When you purchase a home warranty, you can look at a broader scope of properties without worrying about the cost of replacing or repairing.
5. Better for you as a future seller
As a future seller, the responsibility falls on you to provide the cash for all those home repairs and refurbishes needed to sell your house. A home warranty protects you from the bulk of some of those costs and protects your house during the listing period. It also prevents sales from being derailed or postponed while encouraging future buyers to give you their best offers.
6. Better for you as a listing agent
As a listing agent, having home warranty coverage can be a useful tool when selling a house. A home warranty can reduce the risk of appliances breaking down during listing and the stress of having to deal with them. It can make clients happier and will increase your chances of referrals.
So there you have it! Whether you’re planning to flip the house or live in it, a home warranty is a good investment. Having home warranty coverage makes sorting out repairs quick and easy, and will cost you less in the long run. Setting aside some cash every month for your home warranty will help you save money in the future. When you purchase a home warranty, you can purchase whatever house you like, without having to worry about the details. As a future seller or listing agent, to make a good sale, it’s in your best interest to have home warranty coverage.