Home warranties cover repair and replacement costs for appliances and other home systems that break down. A home warranty can be purchased by either a home buyer or current home owner, and are often paid for when buyers close on… more…
www.stepstohomebuying.com
Originally Posted on 11/15/2005 5:52:34 AM
Content source: http://homebuying.about.com/b/a/129511.htm
-by Don Berthiaume
When buying a home, it’s important to keep in mind that
unless you’re buying a home that has new appliances and
mechanical systems, you can expect them to eventually wear
out, break down or need to be replaced.
Too often, home buyers don’t take into consideration the
actual cost of these repairs or replacements when looking at
a property. It’s just one of those things that is taken for
granted - not that they are there but that they are working
and will continue to work.
Perhaps keeping these things in mind when doing your one of
many visits to the home you’re interested in buying will
avoid any surprises and unexpected expenses after the sale,
when you may not have the cash reserves built up to pay for
them. …the rest of the story
ABOUT THE AUTHOR
Don Berthiaume outlines the questions you need to ask in a
brand new home buying guide. For more details, and for a
free 5-part mini-course in home buying, visit this site now:
Home Buying Guide at www.homebuyerdefenseguide.com
